Flying Technology(SH:603488)2025-01-20 09:00Financial Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between 8 million and 12 million CNY, representing a decrease of 6,965.78 thousand to 7,365.78 thousand CNY, or a decline of 85.30% to 90.20% compared to the previous year[5]. - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -7.2 million and -4.8 million CNY, indicating a decrease of 6,081.75 thousand to 6,321.75 thousand CNY, or a decline of 108.57% to 112.85% year-over-year[5]. - The estimated operating revenue for 2024 is projected to be between 400 million and 500 million CNY, with the same range applicable after excluding unrelated business income and income without commercial substance[5]. - The net profit for the same period last year was 81.6578 million CNY, and the net profit after deducting non-recurring gains and losses was 56.0175 million CNY[6]. - The earnings per share for the previous year was 0.28 CNY[7]. Performance Decline Factors - The decline in performance is attributed to intensified market competition in the elevator and related parts industry, leading to reduced product prices and order volumes, which significantly compressed profit margins[8]. Asset Management - The company plans to make impairment provisions for assets showing signs of impairment based on prudence principles, with the final amount to be disclosed in the audited annual report[8]. Forecast Validity - The performance forecast is based on preliminary calculations by the finance department and has not been audited by a registered accountant[9]. - The company has not identified any significant uncertainties that could materially affect the accuracy of this performance forecast[9]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and the accurate financial data will be disclosed in the official 2024 annual report[10].