Financial Performance - The company expects a net loss of between 10,500 and 12,500 million RMB for the fiscal year 2024, compared to a profit of 2,679.30 million RMB in the same period last year [2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 11,800 to 14,100 million RMB, down from a profit of 869.34 million RMB in the previous year [2]. - The decline in net profit is attributed to decreased product sales and selling prices, leading to a reduction in gross profit margin and operating gross profit [4]. - The estimated impact of non-recurring gains and losses on net profit is between 1,300 and 1,600 million RMB [4]. Operational Challenges - Increased credit impairment losses are due to aging accounts receivable and changes in individual customer credit risks [4]. - Management expenses, income tax expenses, and asset impairment losses are expected to increase due to the operational outlook of certain subsidiaries not being able to offset previous years' losses [4]. - The company plans to temporarily suspend operations at its Jiangxi subsidiary starting January 2025 to effectively stop losses and reduce capacity [4]. Financial Reporting - The financial data presented is preliminary and has not been audited by the accounting firm [6].
雄塑科技(300599) - 2024 Q4 - 年度业绩预告