eGOVA(300075)2025-01-24 13:04Financial Performance - The company expects a net loss of between 312 million to 398 million yuan for the year 2024, compared to a profit of 134.38 million yuan in the same period last year [3]. - The expected loss from non-recurring items is estimated to be between 337.6 million to 423.6 million yuan, down from a profit of 95.11 million yuan in the previous year [3]. - The company anticipates a goodwill impairment loss of approximately 210 million to 250 million yuan due to delays in contract signing and project acceptance [6]. - The company estimates a credit impairment loss on accounts receivable of about 82 million yuan, reflecting the financial prudence principle [6]. Cash Flow and Financial Health - The company has maintained positive operating cash flow for seven consecutive years, with cash on hand nearing 1.8 billion yuan and unrecognized revenue from orders exceeding 1 billion yuan [9]. Future Growth Opportunities - The company is optimistic about future growth opportunities in urban infrastructure and digital transformation, supported by recent government policies [7]. - The strategic transformation of its subsidiary, Baoding Jindi, is expected to yield results starting in 2025, focusing on urban safety engineering and underground pipeline management [8]. - The company continues to invest in innovative business areas such as digital new infrastructure and urban renewal, which are expected to enhance its market competitiveness [7]. Investor Communication - The company has communicated with its auditing firm regarding the performance forecast, and there are no discrepancies noted [4]. - The company urges investors to make cautious decisions and be aware of investment risks, as the financial data will be detailed in the 2024 annual report [9].