JAHEN(300955)2025-01-24 09:04Financial Performance - The company expects a net loss of between 21 million and 29 million RMB for the fiscal year 2024, compared to a profit of 40.16 million RMB in the same period last year[4]. - The net profit after deducting non-recurring gains and losses is projected to be a loss between 24 million and 32 million RMB, down from a profit of 38.48 million RMB in the previous year[4]. - The decline in performance is attributed to lower market demand and increased fixed costs, leading to a decrease in gross margin[6]. Management and Operational Costs - Management expenses increased due to the hiring of new personnel and depreciation costs to support the production needs of the subsidiary Huzhou Jiaheng Industrial Co., Ltd.[6]. Taxation and Financial Adjustments - The subsidiary has been recognized as a high-tech enterprise, resulting in a reduction of the corporate income tax rate from 25% to 15%, which negatively impacted the net profit by approximately 15.7 million RMB[7]. - The deferred tax asset adjustments related to the new tax rate affected the net profit by about 9.4 million RMB and 6.3 million RMB respectively[7]. Non-Recurring Gains and Losses - The company anticipates that non-recurring gains and losses will impact the net profit attributable to shareholders by approximately 3 million RMB in 2024[7]. Financial Reporting - The financial data presented is preliminary and has not been audited by the accounting firm, thus it does not constitute a performance commitment to investors[8].