Hua Yuan Property(600743)2025-01-17 08:00Financial Performance Expectations - The company expects a net profit attributable to shareholders of approximately -1,450 million to -1,050 million yuan for the year 2024[2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is approximately -1,550 million to -1,150 million yuan for 2024[2] - The previous year's net profit attributable to shareholders was -1,536.74 million yuan, indicating a worsening performance year-over-year[4] - The total profit for the previous year was -874.64 million yuan, reflecting ongoing financial challenges[4] Market Conditions and Challenges - The company anticipates a significant decrease in overall operating revenue for 2024 compared to the previous year due to market conditions[6] - The real estate market is still in an adjustment phase, with challenges affecting recovery and project delivery[6] - There are indications of impairment in certain projects and an increase in interest capitalization affecting profitability[6] Strategic Adjustments - The company is dynamically adjusting its project operations and sales strategies based on market conditions to ensure cash flow stability[6] Audit and Investor Advisory - The performance forecast has not yet been audited by external accountants, indicating preliminary estimates[7] - Investors are advised to be cautious as the forecast data is subject to change pending the final audited financial report[8]