**Star News, Hitech released a performance forecast, and it is expected that the attributable net profit for the whole year of 2023 will be 22 million yuan to 25 million yuan.
The announcement explained the reasons for the change in performance:
During the reporting period, benefiting from the acceleration of the development of new models and the acceleration of the facelift of old models, the company's orders increased, and the company's operating income increased by about 12 percent year-on-year during the reporting period50%~16.00%, but due to the following factors, net profit decreased year-on-year, the main factors are as follows:
1. During the reporting period, the company's initial fundraising and investment in the "large-scale precision injection mold project" was completed and put into production, because the injection mold is a customized product, the production and acceptance cycle is long, and the new production workshop has not yet generated sufficient income to cover the new operation and management expenses.
2. During the reporting period, the company implemented an equity incentive plan, and it is estimated that the share-based payment expenses will be about 4.8 million yuan. 3. During the reporting period, the company issued convertible corporate bonds, the scale of interest-bearing liabilities increased, the accrued interest expense increased, and the interest expense increased by about 15.33 million yuan over the same period last year.
On February 26, the company's customer, Human Horizons (Shandong) Technology***, informed it of the suspension of work and production (no more than 6 months) and the suspension of all payments. Based on the principle of prudence and after communicating with the accountants, the Company made an impairment and decline in the value of the accounts receivable and inventory involving the customer, of which the loss of inventory decline was about 9.85 million yuan, and the credit impairment loss was about 4.03 million yuan, which had an impact on net profit of about 11.8 million yuan.
Hitech's third quarter report for 2023 shows that the company's main revenue is 41.9 billion yuan, an increase of 14 percent year-on-year24%；Net profit attributable to the parent company was 3091380,000 yuan, a year-on-year decrease of 4102%；Deduct non-net profit of 273740,000 yuan, a year-on-year decrease of 2929%；Among them, in the third quarter of 2023, the company's single-quarter main revenue is 14.5 billion yuan, an increase of 575%；The net profit attributable to the parent company in a single quarter was -5590,000 yuan, a year-on-year decrease of 10316%；Non-net profit deducted in a single quarter was -209520,000 yuan, a year-on-year decrease of 11856%；The debt ratio is 4371%, investment income 19330,000 yuan, financial expenses 635660,000 yuan, gross profit margin of 2534%。
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