Sunwave(002115)2025-01-23 09:20Financial Performance Expectations - The company expects a net loss attributable to shareholders of between 20,000 and 30,000 million CNY for the fiscal year 2024, compared to a profit of 5,539.06 million CNY in the same period last year [3]. - The projected revenue for 2024 is estimated to be between 900,000 and 1,300,000 million CNY, down from 1,248,892.20 million CNY in the previous year [3]. - The company anticipates a net loss of 22,000 to 33,000 million CNY after deducting non-recurring gains and losses, compared to a profit of 2,862.54 million CNY last year [3]. - The basic earnings per share are expected to be a loss of 0.2484 to 0.3727 CNY per share, compared to earnings of 0.0683 CNY per share in the previous year [3]. Impairment and Financial Adjustments - The company plans to recognize an impairment loss of approximately 24,000 million CNY related to goodwill from the acquisition of Jiangxi Giant Network Technology Co., Ltd. due to significant impairment indications [5]. - The goodwill impairment will not have a significant adverse effect on the company's ongoing operations and cash flow [7]. Impact of External Factors - The expiration of tax incentives is expected to result in a decrease of about 3,600 million CNY in other income compared to the same period last year [6]. - The internet advertising sector is facing increased competition, leading to a decline in gross profit margins, which negatively impacts the company's overall performance [6]. Financial Reporting and Audit Status - The financial data presented is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the 2024 annual report [7].