Meichen Ecology(SZ:300237)2025-01-21 10:52Financial Performance Expectations - The company expects a net loss for 2024 between RMB 430 million and RMB 530 million, compared to a net loss of RMB 1.3907766 billion in the same period last year[3]. - The expected net loss after deducting non-recurring gains and losses is between RMB 470 million and RMB 570 million, compared to a loss of RMB 1.4267996 billion last year[3]. - Non-recurring gains and losses are expected to impact the net profit attributable to shareholders by approximately RMB 37 million to RMB 40 million[6]. - Despite improvements, the company remains in a loss position primarily due to high financial expenses from previous financing scales and asset impairment provisions[6]. Performance Improvement Factors - The overall performance has improved due to a focus on non-tire rubber business, which has seen growth and improved profitability[5]. - The company has transferred part of its landscaping assets, positively impacting overall performance[5]. - Financial expenses have decreased year-on-year due to a reduction in overall financing scale and financing rates[5]. - The impairment of contract assets and consumable biological assets has significantly decreased compared to the previous year, positively affecting net profit[5]. Financial Reporting and Risks - The performance forecast is based on preliminary calculations by the finance department and has not been audited[7]. - Detailed financial data for 2024 will be disclosed in the annual report, and investors are advised to pay attention to investment risks[7].