BAIDA GROUP(SH:600865)2024-07-09 07:38Financial Performance - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 50 million and 70 million yuan, an increase of 29.32 million to 49.32 million yuan compared to the same period last year, representing a year-on-year increase of 141.77% to 238.47%[3] - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between 40 million and 43 million yuan, a decrease of 3.61 million to 0.61 million yuan compared to the same period last year, reflecting a year-on-year decrease of 8.27% to 1.39%[3] - The total profit for the same period last year was 19.29 million yuan, with a net profit attributable to shareholders of the parent company of 20.68 million yuan[4] - The increase in net profit is primarily attributed to the impact of non-recurring gains and losses, with the company recognizing a fair value change gain of 26.36 million yuan in the secondary market for the first half of 2024, compared to a loss of 65.91 million yuan in the same period last year[6] - The company reported a basic earnings per share of 0.05 yuan for the previous year[5] Risk Factors - The company holds a significant amount of financial assets, which may be subject to market fluctuations, posing a risk of asset value decline[7] - There is a risk associated with the company's investment in financial products that may not fully recover principal or may face delayed repayment[7] - The company holds equity in Hangzhou Industrial Trust Co., Ltd., which may face further valuation losses due to recognized fair value changes[7] Forecast and Reporting - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by an accounting firm[7] - Investors are advised that the forecast data is preliminary and the accurate financial data will be disclosed in the official 2024 semi-annual report[8]