金科股份(000656) - 2024 Q4 - 年度业绩预告

Financial Performance Projections - The estimated net profit attributable to shareholders for 2024 is expected to be a loss of between 20.5 billion and 28.5 billion yuan, compared to a loss of 8.732 billion yuan in the same period last year[3]. - The estimated operating revenue for 2024 is projected to be between 26 billion and 29 billion yuan, significantly down from 63.238 billion yuan in the previous year[3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be a loss of between 18 billion and 26 billion yuan, compared to a loss of 7.394 billion yuan last year[3]. - The estimated basic earnings per share for 2024 is projected to be a loss of between 3.87 yuan and 5.38 yuan per share, compared to a loss of 1.70 yuan per share in the previous year[3]. - The estimated net assets at the end of 2024 are expected to be between -17 billion and -25 billion yuan, indicating a significant decline from 3.508 billion yuan at the end of the previous year[6]. Causes of Financial Decline - The decline in net profit is primarily attributed to a significant decrease in project sales and the completion of fewer projects eligible for profit recognition compared to the previous year[5]. - The company is facing liquidity risks, leading to increased interest expenses and asset impairment losses due to signs of impairment in certain real estate projects[5]. Restructuring Efforts - The company has initiated a restructuring process, with all participating investors having signed investment agreements and paid the first installment of performance bonds[7]. - If the restructuring is successful, it may help optimize the company's capital structure and restore profitability; however, failure could lead to bankruptcy risks[6]. Financial Reporting - The financial data presented is preliminary and subject to final audit, with detailed figures to be disclosed in the 2024 annual report[4].