SHCD(SH:603887)2024-07-09 12:17Financial Performance Expectations - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -61 million yuan and -91 million yuan[2]. - The anticipated net profit excluding non-recurring gains and losses is projected to be between -66 million yuan and -99 million yuan[10]. - The company reported a net profit of -621 million yuan for the full year 2023 and -45.8732 million yuan for the first quarter of 2024, indicating a significant decline in profitability[15]. Revenue Challenges - The main reasons for the expected loss include the inability to recognize revenue from ongoing IDC system integration projects and a significant reduction in real estate-related business, which now accounts for less than 15% of total revenue[6]. Cash Flow Management - The company plans to continue strengthening accounts receivable recovery efforts to improve cash flow, with cash and cash equivalents amounting to 1.126 billion yuan as of March 2024[13]. - The company has 1.198446 billion yuan in convertible bonds outstanding, with an estimated interest expense of 37.5969 million yuan for the reporting period[15]. Investment Strategy - The company is currently in a concentrated investment phase for its IDC investment operations, which is putting pressure on short-term profitability[15]. - The company emphasizes the importance of cautious investment and risk assessment for investors, as the forecast data is preliminary and subject to change[14]. Uncertainties in Forecasting - The company has not identified any significant uncertainties that would affect the accuracy of the earnings forecast[7]. - The estimated share-based payment expense for the reporting period is expected to be 14.6472 million yuan due to the completion of the restricted stock incentive plan[6].