東山精密(002384.SZ)2019年度淨利潤由預增30%-50%修正至預降10%-13%
格隆匯1月20日丨東山精密(002384.SZ)發佈2019年度業績預告修正公告,此前在2019年第三季度報告中預計的業績情況為:預計2019年度歸屬於上市公司股東的淨利潤較2018年度同比上升30%至50%。
修正後,預計2019年度歸屬於上市公司股東的淨利潤7.06億-730億元,同比下降10%-13%。業績修正原因如下:
1、報告期內,公司主營業務總體發展情況良好
(1)公司PCB印刷線路板業務市場需求狀況良好,公司依靠良好的技術實力和訂單交付管理能力,業務規模持續擴大,盈利能力持續提升;2019年公司PCB印刷電路板業務(含FPC)業務預計銷售收入超140億,淨利潤超12億元,已進入快速、持續增長階段。
(2)公司的通信設備組件等業務已形成完善的產品佈局和行業領先的生產能力,受到5G通信行業發展趨勢的積極影響,業務保持穩健增長。
(3)公司經營活動現金流量淨額持續、大幅超過淨利潤水平。一方面,公司目前主要客户均為行業領先企業,銷售回款良好,另一方面,公司前期資本性投入進入回收期,產能釋放併產生效益,且折舊、攤銷不導致現金流出,持續的經營現金淨流入為公司長期、穩健發展奠定基礎。
2、此次修正後的業績略低於上年同期且低於前次業績預告的原因
隨着公司營收規模的擴大,公司應收賬款、存貨等資產的規模穩健增長。公司執行謹慎的資產準備計提政策,保障財務報表等會計信息質量,按照《企業會計準則》和公司的會計制度等計提的資產準備相應增加。同時,針對部分資產,特別是公司2018年度及以前與暴風集團合作、投資相關的資產,公司審慎評估資產減值風險,確保資產減值準備的充分計提。此次計提後,公司與暴風集團相關的應收帳款、權益投資等資產的賬面價值均減記為零。
2019年度,公司對應收賬款、其他應收款、存貨、長期股權投資等計提的資產減值準備合計約5.81億元。
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