HAINANYEDAO(SH:600238)2025-01-17 13:05Financial Performance Expectations - The company expects a total profit of -129 million yuan for the fiscal year 2024, with a net profit attributable to shareholders of -142 million yuan, and a net profit of -150 million yuan after deducting non-recurring gains and losses [2]. - The anticipated operating revenue for 2024 is 205 million yuan, with revenue after excluding unrelated business income and income without commercial substance at 202 million yuan, both below the 300 million yuan threshold [2]. - The net profit for the same period last year was -149.16 million yuan, with a net profit of -150.88 million yuan after deducting non-recurring gains and losses, and operating revenue was 224.53 million yuan [5]. Reasons for Expected Loss - The main reasons for the expected loss include poor sales performance of existing products due to inaccurate positioning and unreasonable pricing, leading to inventory issues and corresponding impairment losses [6]. - There is a potential risk of loss related to a cooperation dispute with a subsidiary, which may affect the company's financial results [7]. Future Product Development - The company is in the process of designing, developing, and producing a new series of products, with sales expected to begin in the fourth quarter of 2024, which will not reflect in the current year's main business results [6]. Risk of Delisting - If the audited total profit, net profit, or net profit after deducting non-recurring gains and losses is negative and the operating revenue is below 300 million yuan, the company may face delisting risk warnings [9]. Financial Data Disclosure - The company has not yet finalized the financial data, and the figures provided are preliminary estimates subject to audit [8]. - The financial data will be officially disclosed in the audited annual report for 2024 [8]. - The company emphasizes the importance of investor awareness regarding the risks associated with the preliminary earnings forecast [8].