YANHUA SMARTECH(002178)2025-01-21 10:10Financial Performance Expectations - The company expects a net loss attributable to shareholders of approximately 12 million yuan for 2024, compared to a profit of 22.5 million yuan in the same period last year [3]. - The projected net loss after deducting non-recurring gains and losses is about 41 million yuan, compared to a loss of 2.06 million yuan in the previous year [3]. - Total operating revenue is estimated to be between 520 million yuan and 620 million yuan, down from 675.51 million yuan in the previous year [3]. - The basic earnings per share is expected to be a loss of 0.0169 yuan, compared to a profit of 0.0316 yuan per share in the same period last year [3]. Non-Recurring Gains and Losses - The anticipated impact of non-recurring gains and losses on net profit is approximately 29 million yuan, primarily due to changes in the fair value of derivative financial instruments and government subsidies [6]. Challenges and Market Conditions - The company is facing challenges due to tightened client budgets, slow business output in certain regions, and delays in project payment confirmations [6]. - The company will continue to monitor the macroeconomic and industry market conditions affecting its performance [6]. Asset Management and Financial Reporting - The company plans to conduct impairment testing for various assets, including inventory and accounts receivable, with the final impairment amount to be determined by a qualified evaluation agency [7]. - The financial data in the earnings forecast has not been audited, and the final figures may differ from those reported in the annual report [7]. - The company emphasizes the importance of cautious decision-making for investors due to the preliminary nature of the earnings forecast [7].