JOYVIO FOOD(SZ:300268)2025-01-24 08:24Financial Performance Forecast - The estimated net profit attributable to shareholders for 2024 is expected to be a loss between 750 million and 1.25 billion CNY, compared to a loss of 1.15156 billion CNY in the same period last year [3]. - The estimated operating revenue for 2024 is projected to be between 3.1 billion and 3.8 billion CNY, down from 4.50525 billion CNY in the previous year [3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be a loss between 770 million and 1.27 billion CNY, compared to a loss of 1.00095 billion CNY last year [3]. - The estimated owner's equity attributable to shareholders at the end of the reporting period is expected to be between -780 million and -390 million CNY, down from 283.11 million CNY at the end of the previous year [3]. - The financial data in the performance forecast is preliminary and has not been audited by an external auditor [7]. Operational Challenges - The decrease in production and sales volume is attributed to high costs, tight funding, and compliance production capacity compensation plans, leading to a significant decline in revenue [5]. - The company faces increased interest expenses due to a heavy debt burden and higher dollar interest rates compared to the same period last year [6]. - Impairment testing of intangible assets with uncertain useful lives is anticipated, influenced by decreased production and slow decline in feed costs [6]. Risks and Considerations - If the audited net assets at the end of 2024 are negative, the company's stock may face delisting risk warnings [7]. - The fair value of consumable biological assets is expected to increase due to changes in the total weight of salmon stocks and estimated selling prices, positively impacting operating performance [6].