Gelonghui January 13th 丨Vail Co., Ltd. (603501.SH) announced that the company expects net profit attributable to shareholders of listed companies to be 800 million yuan to 1.2 billion yuan in 2022, a decrease of 327,6.1875 million yuan to 367,61875 million yuan compared with the same period of the previous year, a decrease of 73.19% to 82.13% over the same period last year.

After deducting non-recurring profit and loss, the company expects net profit attributable to shareholders of listed companies in 2022 to be 900.00 million yuan to 135 million yuan, a decrease of 386,7814 million yuan to 391,8814 million yuan compared with the same period of the previous year, a decrease of 96.63% to 97.75% over the previous year.

During the reporting period, due to factors such as the global COVID-19 pandemic, geopolitical tension, and the overall poor performance of the consumer electronics market, consumer electronics demand represented by smartphones was strongly impacted, which also had a great impact on the company's main business. Shipments in some market segments declined, product sales prices were under pressure, and the company's revenue scale and product gross margin all declined compared to last year.

Based on the information currently available, the company estimates that the inventory price reduction to be calculated in 2022 will be 1.34 billion yuan to 1.49 billion yuan. The actual amount of inventory price reduction reserve calculated must be based on the company's final disclosed audited financial statements. This may cause the final performance to differ from the expected performance this time. Investors are kindly requested to be aware of investment risks.