Everyday Network (SZ:300295)2025-01-17 11:30Financial Projections - The estimated net profit for 2024 is projected to be a loss of between 65 million and 97.5 million CNY, compared to a loss of 91.02 million CNY in the same period last year[2]. - Total operating revenue is expected to be between 115 million and 150 million CNY, down from 189.76 million CNY in the previous year[2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between 60 million and 90 million CNY, compared to a loss of 96.21 million CNY last year[2]. Revenue Decline Factors - The decline in revenue is attributed to a decrease in traditional online advertising and related business, as well as a reduction in loan issuance by the small loan company[4]. Provisions and Impairments - The company anticipates a provision for overdue loans between 25 million and 40 million CNY due to borrower defaults[6]. - Expected impairment and fair value changes related to real estate are estimated to impact the financials by approximately 15 million to 20 million CNY[6]. - The increase in income tax expense is projected to be between 15 million and 20 million CNY due to deferred tax assets not being recoverable[6]. Non-Recurring Items - Non-recurring gains and losses are expected to impact net profit by between -7.5 million and 0 CNY, primarily due to changes in the fair value of investment properties[8]. Communication and Reporting - The company has communicated with the auditing firm regarding the performance forecast, and there are no significant discrepancies[3]. - The financial data will be detailed in the 2024 annual report, and investors are advised to exercise caution[8].