HUAXING CHUANGYE(SZ:300025)2025-01-20 09:00Financial Performance - The company expects a net loss of approximately 62 million yuan for the fiscal year 2024, compared to a net profit of 80 million yuan in the same period last year, representing a significant decline [4]. - Operating revenue is projected to be around 670 million yuan, down from 730 million yuan in the previous year, indicating a decrease of approximately 8.22% [4]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of 64 million yuan, compared to a loss of 29.95 million yuan last year [4]. Reasons for Decline - The decline in performance is primarily attributed to decreased profit margins in the mobile communication business due to client bidding processes [6]. - Significant investments in research and development for virtual reality business have not yet generated substantial revenue, contributing to larger losses this year [7]. Costs and Expenses - The company has incurred 11.24 million yuan in amortization costs related to the licensing of "The Three-Body Problem" during the reporting period [7]. - The company reversed 10.52 million yuan of previously accrued share-based payment expenses due to unmet performance targets [7]. Non-Recurring Items - The expected impact of non-recurring gains and losses on the net profit attributable to shareholders is estimated to be between 2 million and 5 million yuan [7]. Financial Reporting - The financial data presented is preliminary and has not been audited by the accounting firm, with detailed financials to be disclosed in the 2024 annual report [8]. - Investors are advised to exercise caution and consider investment risks based on the preliminary nature of the financial data [8].