HY Energy(600387)2025-01-17 11:05Financial Performance Expectations - The company expects a total profit of between -440 million and -260 million for the fiscal year 2024, with a net profit attributable to shareholders of between -380 million and -220 million [3]. - Estimated operating revenue for 2024 is projected to be between 1.5 billion and 1.8 billion, with the same range applicable after excluding non-core business revenues [6]. - The expected net assets at the end of 2024 are estimated to be between 2.48 billion and 2.64 billion [6]. - In the previous year, the total profit was -318.88 million, and the net profit attributable to shareholders was -245.46 million [7]. - The company reported an operating revenue of 2.128 billion in the previous year, which is a decline compared to the current projections [7]. Performance Decline Factors - The decline in performance is attributed to the overall downturn in the traditional energy sector and risks associated with bulk trade business [8]. - The company has recognized an impairment loss on receivables amounting to 286.62 million due to funds being frozen by the U.S. Treasury Department [8]. Regulatory and Audit Concerns - The stock has been placed under delisting risk warning, and if certain conditions are met in the 2024 annual report, it may lead to termination of listing [11]. - The company has not yet had its performance forecast audited by a registered accountant, indicating potential volatility in the actual results [9]. Financial Management Strategy - The company emphasizes the importance of cautious financial management in light of the current market conditions and risks [10].