Gelonghui, January 25丨Chengtian Weiye (300689.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 16 million yuan to 20 million yuan, down 52.69%-62.15% from the same period last year; net profit profit after deducting non-recurring profit and loss was 3 million yuan to 3.8 million yuan, down 88.86%-91.20% from the same period last year.
During the reporting period, the company's revenue is expected to decrease compared to the same period last year, and net profit is expected to decline compared to the same period of the previous year. The main reasons are as follows: 1. In order to further optimize product layout, improve management efficiency, achieve resource integration and sharing, reduce repeated investment, and effectively reduce management and operating costs, the company integrated part of the smart card business of the wholly-owned subsidiary Shanghai Chengtian Smart Card Co., Ltd. into the wholly-owned subsidiary Chengtian Weiye (Ningbo) Chip Technology Co., Ltd., and generated an additional 5 million yuan in employee financial compensation during the reporting period. 2. The number of orders for products with higher added value, such as financial IC cards, decreased year-on-year. 3. The number of orders decreased year-on-year during the reporting period, and revenue decreased by about 30% year-on-year.
During the reporting period, the estimated impact of non-recurring profit and loss on the company's net profit ranged from 13 to 16.2 million yuan, mainly financial management income and government subsidies.
