Changhong Energy released its 2023 annual performance report with an attributable net profit loss of

Mondo Finance Updated on 2024-02-26

**Star News, Changhong Energy is about to release its 2023 annual report recently, according to the performance express report released on February 26, the attributable net profit loss is 27.5 billion yuan, a year-on-year decrease of 34467%。

Explanation of the operating performance and financial condition in the announcement of the performance report:

1) The operating situation, financial situation and the main factors affecting the operating performance in the reporting period.

During the reporting period, the company achieved operating income of 2,797,223,18951 yuan, down 1274%;Return.

Net profit attributable to shareholders of the listed company - 275,024,54706 yuan, down 344 year-on-year67%;Attribution.

Net profit of shareholders of the municipal corporation after deducting non-recurring gains and losses - 309,507,90122 yuan, down year-on-year.

418.07%;Basic earnings per share were -211 yuan, down 345 year-on-year35%。

As of the end of the reporting period, the company's total assets were 4,385,366,38042 yuan, down 1 from the beginning of the period02%;

The owner's equity attributable to shareholders of the listed company is 704,265,18058 yuan, down 3046%;

share capital of 130,053,003 shares, unchanged from the beginning of the period; Net assets per share attributable to shareholders of the listed company 542

Yuan shares, down 3042%。

2) The main reasons for the change in performance.

1. During the reporting period, the net profit attributable to shareholders of the listed company was -275,024,54706 yuan, down year-on-year.

344.67%;Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses -309,507,90122

yuan, down 418 year-on-year07%, mainly due to: (1) In 2023, the company's lithium battery business will continue to be affected.

Affected by the decline in demand caused by external inflation and economic weakness, downstream large customers are still in the process of destocking, the market recovery is slow, and the overall sales volume is declining. In terms of sales unit price, it is affected by the price of the main raw materials of the lithium battery segment.

The decline in the grid and the industry are mainly destocked, and the same industry is affected by the profit grabbing orders, and the sales unit price is declining. Overlay orders.

Insufficient, insufficient capacity utilization, depreciation costs, labor costs, etc. carried by unit products increase, unit costs.

, which has a greater impact on the gross profit margin of lithium batteries, resulting in a large decrease in net profit attributable to shareholders of listed companies.

2) At the end of the reporting period, the company conducted impairment tests on various assets within the scope of the consolidated statements, and made impairment provisions.

the loss was 262.97 million yuan, of which the inventory impairment loss was 260.44 million yuan; The asset impairment loss led to a decrease of 99.84 million yuan in the company's net profit attributable to the parent company in 2023. (3) Due to the sharp decline in the performance of the holding subsidiary Changhong Sanjie, the company judged that there were signs of impairment of the goodwill formed by the acquisition of Changhong Sanjie's equity, and after pre-communication with the appraisal agency hired by the company, the goodwill impairment amount was about 100 million yuan, and the net profit attributable to shareholders of the listed company was reduced by about 100 million yuan. Combined with the above main reasons, the company's net profit in 2023 decreased significantly.

2. At the end of the reporting period, the basic earnings per share was -211 yuan, down 345 year-on-year35%, mainly due to a large decline in the company's net profit, resulting in a decline in earnings per share.

3. At the end of the reporting period, the owner's equity attributable to shareholders of the listed company was 704,265,18058 yuan, down 3046% and net assets per share attributable to shareholders of the listed company 542 yuan shares, down 3042%, mainly due to the large decline in net profit during the reporting period, resulting in a decrease in owners' equity attributable to shareholders of listed companies and a decrease in net assets per share attributable to shareholders of listed companies. 3. Risk Warning.

1. The amount of goodwill impairment that the company intends to accrue this time is the company's preliminary calculation results, and the final amount of goodwill impairment provision will be determined by the appraisal agency and audit agency hired by the company after evaluation and audit, and the final assessment result may be different from the preliminary calculation results, and may affect the final data of the company's performance in 2023, please pay attention to the investment risk.

2. This performance forecast is the result of the preliminary calculation of the company's financial department, which has not been audited by an accounting firm and does not constitute the company's performance commitment to investors, and the final data is subject to the company's official disclosure of the 2023 annual report. Investors are advised to make prudent decisions and pay attention to investment risks. Fourth, the directory of documents for reference.

The balance sheet and income statement signed and sealed by the company's legal representative, the person in charge of accounting work, and the person in charge of the accounting institution.

Sichuan Changhong New Energy Technology Co., Ltd.*** Board of Directors February 26, 2024.

Changhong Energy (836239) main business: the company is mainly engaged in the research and development, design, production and sales of environmentally friendly zinc-manganese batteries and high-rate lithium-ion batteries, including alkaline zinc-manganese batteries and cylindrical high-rate lithium-ion battery products.

There are no agency ratings on the stock in the last 90 days.

The above content is compiled by **Star based on public information, generated by algorithms, and has nothing to do with the position of this site. **Star strives but does not guarantee the accuracy, completeness, validity, timeliness of all or part of the content of the information (including but not limited to text, **audio, data and charts), if there is any problem, please contact us. This article is a compilation of data and does not constitute any investment advice for you.

Related Pages