M&S ELECTRONICS(SH:688311)2025-02-12 11:00Financial Performance Expectations - The company expects a net loss attributable to shareholders of the parent company for 2024 to be between -280 million and -189 million CNY, an increase in loss of 132.69 million to 223.69 million CNY compared to the previous year[4]. - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -288 million and -197 million CNY, an increase in loss of 126.98 million to 217.98 million CNY compared to the previous year[4]. - The previous year's net profit attributable to shareholders of the parent company was -56.31 million CNY, with a total profit of -62.20 million CNY[5]. Reasons for Expected Loss - The company attributes the expected loss to delays in project acceptance, postponed procurement plans, and a slowdown in new order issuance due to industry environment impacts[6]. - The company has recognized an impairment provision of approximately 79.11 million CNY for goodwill related to the acquisition of Nanjing Yinghuo Taixun Information Technology Co., Ltd.[6]. - There has been a significant increase in bad debt provisions due to poor collection of accounts receivable during the reporting period[7]. Financial Reporting and Risks - The financial data in the earnings forecast has not been audited by a registered accountant and is based on preliminary calculations by the company's finance department[8]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report[9].