Hi-Target(300177)2025-01-23 08:20Financial Performance - The company expects a net loss of between RMB 15 million and RMB 30 million for the fiscal year 2024, compared to a net loss of RMB 426.68 million in the same period last year[3] - Operating revenue is projected to be between RMB 1.25 billion and RMB 1.3 billion, reflecting an approximate 8% increase from RMB 1.186 billion in the previous year[3] - Expected non-recurring gains and losses for 2024 are around RMB 45 million, primarily from the reversal of impairment provisions and gains from the disposal of idle properties[6] Business Segment Performance - Revenue from the Beidou high-precision positioning equipment business is expected to grow by about 15% year-on-year, while revenue from high-precision spatiotemporal information solutions is anticipated to decline by approximately 20%[5] - The company plans to recognize credit impairment losses and asset impairment losses of approximately RMB 60 million related to the high-precision spatiotemporal information solutions business[5] Cash Flow Management - The net cash flow from operating activities is estimated to be around RMB 100 million, indicating improved cash flow management[5]