Financial Performance Expectations - The company expects a net profit of negative value for the fiscal year 2024, indicating a significant decline compared to the previous year[2] - Revenue for the current reporting period is projected to be 135 million RMB, a decrease of 122.87% to 197.15% compared to the same period last year[3] - The net profit attributable to shareholders is expected to be a loss of 45 million RMB, worsening from a loss of 20.19 million RMB in the previous year[3] - The company anticipates a loss of 55 million RMB after deducting non-recurring gains and losses, compared to a loss of 33.38 million RMB last year, reflecting a decline of 64.79% to 115.73%[3] Reasons for Expected Loss - The primary reasons for the expected loss include intensified industry competition, declining product gross margins, and rising operating expenses[5] Asset Impairment and Investment Losses - The company has conducted a comprehensive review and impairment testing of various assets, leading to the recognition of asset impairment provisions[6] - The actual operating performance of the associated company, Shenzhen Lanpu Video Technology Co., Ltd., did not meet expectations, resulting in investment losses during the reporting period[6] Financial Data Status - The financial data presented is preliminary and has not been audited, with final figures to be disclosed in the 2024 annual report[7]
GQY视讯(300076) - 2024 Q4 - 年度业绩预告