Gelonghui, January 29丨Shengong Co., Ltd. (688233.SH) announced its 2023 annual results forecast. According to preliminary estimates by the finance department, it is expected to achieve operating income of 135.0 million yuan to 145.0 million yuan in 2023. Compared with the same period last year, it will decrease 394.2365 million yuan to 404.2365 million yuan, a year-on-year decrease of 73% to 75%. The company expects to achieve net profit attributable to owners of the parent company in 2023 of -67.0 million yuan to -77.0 million yuan. Compared with the same period last year, it will decrease by 225.1416 million yuan to 235.1416 million yuan, a year-on-year decrease of 142% to 149%. The company expects net profit attributable to owners of the parent company after deducting non-recurring profit and loss to be -70,000,000 yuan to -80,000,000 yuan. Compared with the same period last year, it will decrease by 224.736,600 yuan to 234.7366 million yuan, a decrease of 145% to 152% over the previous year.
The company's 2023 performance declined compared to the same period last year, from profit to loss. The main reasons are: (1) during the reporting period, due to the industry cycle, the company's large diameter silicon materials business revenue fell sharply compared to the previous year, leading to a sharp decline in the company's overall net profit compared to the previous year; (2) Currently, the company's silicon components and silicon wafer business is in the market development period, but the scale and speed of revenue and profit growth is limited; at the same time, preparations for inventory price reduction have also led to a decline in the company's net profit during the reporting period.