Financial Projections - The estimated net profit for 2024 is projected to be a loss of between 433 million yuan and 613 million yuan, compared to a loss of 338.47 million yuan in the same period last year[3]. - The estimated net profit after deducting non-recurring gains and losses is projected to be a loss of between 447 million yuan and 627 million yuan, compared to a loss of 354.37 million yuan in the same period last year[3]. - The basic earnings per share is expected to be a loss of between 0.64 yuan and 0.90 yuan per share, compared to a loss of 0.50 yuan per share in the same period last year[3]. - The financial data presented is a preliminary estimate and will be detailed in the company's 2024 annual report[6]. Revenue and Market Conditions - The decline in revenue is attributed to the rapid development of offline discount stores, membership stores, and specialized stores, along with a decrease in foot traffic at traditional hypermarkets[5]. - Increased competition has led the company to innovate its business model and conduct promotional activities, which, combined with rising labor and rental costs, has compressed profit margins[5]. - The closure of unprofitable stores has resulted in additional losses for the company[5]. Investment Advisory - Investors are advised to be cautious regarding investment risks associated with the company's performance[6].
中百集团(000759) - 2024 Q4 - 年度业绩预告