Zhuhai (SH:688175)2025-01-17 10:20Financial Performance - The company expects a net loss attributable to shareholders of the parent company for 2024 to be between -55.9 million yuan and -43 million yuan, compared to a net profit of 46.05 million yuan in the same period last year [4][6]. - The projected net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is expected to be between -106.6 million yuan and -82 million yuan [4]. - The company reported a revenue of 356.39 million yuan and a total profit of 45.62 million yuan for the same period last year [6]. Revenue Decline - The decline in revenue is attributed to insufficient demand from military telecommunications network communication equipment industry clients [7]. Accounts Receivable and Bad Debts - The company has seen an increase in accounts receivable due to delayed payments from some clients, leading to a higher provision for bad debts compared to the previous year [8]. Subsidiary Losses - The full subsidiary Henan Xinda Wangyu Technology Co., Ltd. has been incurring continuous losses, prompting the company to reverse deferred tax assets based on prudence principles [9]. Earnings Forecast and Audit - The financial data in the earnings forecast has not been audited by registered accountants [5]. - The company has not identified any significant uncertainties that may affect the accuracy of this earnings forecast [10]. - The forecast data is preliminary and the final audited financial data will be disclosed in the official annual report for 2024 [11].