LANGOLD(002305)2025-01-24 10:10Financial Performance Outlook - The company expects a net profit loss for 2024, estimated between -1.4 billion to -1.95 billion CNY, compared to a loss of 1.693 billion CNY in the previous year[4]. - The expected basic earnings per share for 2024 is a loss ranging from -0.81 CNY to -1.12 CNY, compared to a loss of -0.98 CNY in the previous year[5]. - The projected operating revenue for 2024 is between 260 million to 300 million CNY, significantly up from 105.88 million CNY in the previous year[5]. - The company anticipates a year-end net asset value for the parent company to be negative, estimated between -915.06 million to -484.94 million CNY[5]. Operational Challenges - The commercial operations are still in the cultivation period, leading to low rental income and high operational leasing costs, resulting in losses[7]. - The company has conducted preliminary impairment tests on various assets and will recognize impairment provisions based on prudence, with final amounts to be determined by the annual audit[7]. Regulatory and Risk Considerations - There is a risk of delisting if the audited net asset value remains negative, as per Shenzhen Stock Exchange regulations[8]. - The earnings forecast is based on preliminary calculations by the finance department and has not been audited by the accounting firm[9]. - Investors are advised to make cautious decisions and be aware of investment risks due to the negative outlook[9]. Communication with Accounting Firm - The company has communicated with the accounting firm regarding the earnings forecast, and there are no significant disagreements[6].