Zitian Technology(300280)2025-01-27 08:44Financial Performance Expectations - The company expects a net loss attributable to shareholders between RMB -220 million and RMB -150 million for the fiscal year 2024, compared to a net loss of RMB -1,209.75 million in the same period last year[4]. - The expected loss excluding non-recurring gains and losses is also projected to be between RMB -220 million and RMB -150 million, down from RMB -1,209.12 million year-over-year[4]. - The decline in performance is attributed to reduced budget allocations from some clients in the internet advertising sector and intensified market competition, leading to a decrease in revenue and gross margin[7]. Impairment Losses - The company anticipates a significant reduction in credit impairment losses and asset impairment losses compared to the previous year, which had substantial impairment losses on goodwill and accounts receivable[8]. - Non-recurring gains and losses are expected to have no significant impact on the net profit attributable to shareholders[8]. Financial Data Integrity - The financial data presented in the earnings forecast is preliminary and has not been audited by an external auditor[6][9]. - The company has communicated with its accounting firm regarding the earnings forecast, and there are no significant discrepancies in the financial data[5].