Qinghai Spring(600381)2025-01-16 09:04Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between -145 million and -174 million RMB, indicating a loss [3]. - The projected total profit for 2024 is estimated to be between -137.42 million and -166.42 million RMB, with a net profit after deducting non-recurring gains and losses expected to be between -117.20 million and -146.20 million RMB [4]. - The anticipated operating revenue for 2024 is between 310.54 million and 338.67 million RMB, with the revenue after excluding unrelated business income expected to be between 305.22 million and 333.09 million RMB [4]. - The fourth quarter is projected to achieve operating revenue between 112.51 million and 140.63 million RMB, representing a growth of 111.62% to 164.53% compared to the same period last year [4]. Reasons for Expected Loss - The main reason for the expected loss is the failure to fully implement the planned operations for the beverage sales segment, along with significant expenses that have not yet achieved economies of scale [6]. - The company has recognized impairment losses on certain investments, inventory, intangible assets, and receivables [6]. Risks and Uncertainties - If the audited revenue after excluding unrelated business income falls below 300 million RMB, the company's stock will face delisting risk warnings [7]. - The financial data provided is preliminary and has not yet been audited, with final figures to be confirmed in the audited annual report [7]. - The company has not identified any significant uncertainties that could materially affect the accuracy of the earnings forecast [7]. - The annual audit is still in progress, and investors are advised to pay attention to investment risks until the audited report is formally disclosed [7].