Sichuan Tianyi (300504)2025-01-21 11:30Financial Performance Expectations - The company expects a net loss of between 23 million and 29 million yuan for the year 2024, compared to a profit of 100.7 million yuan in the same period last year[2] - The net profit attributable to shareholders is projected to be a loss of between 24 million and 29 million yuan, down from a profit of 94.08 million yuan in the previous year[2] - The company anticipates an asset impairment loss of approximately 45 million to 50 million yuan due to inventory valuation adjustments, which is expected to reduce the total profit for 2024 by the same amount[4] - Non-recurring gains and losses are estimated to impact net profit by about 1 million yuan[4] - The decline in revenue and net profit is attributed to intense market competition in the broadband network terminal equipment sector, leading to lower overall gross margins[4] Earnings Forecast and Reporting - The financial data presented in the earnings forecast has not been audited by an external accounting firm[6] - The specific financial data for 2024 will be detailed in the company's annual report[6] - Investors are advised to make cautious decisions and be aware of investment risks due to the preliminary nature of the earnings forecast[6] - The company has communicated with the accounting firm regarding the earnings forecast, and there are no discrepancies reported[3] - The earnings forecast period is from January 1, 2024, to December 31, 2024[2]