SNAT(SH:600841)2025-01-24 10:40Financial Performance - The company expects a net loss for the fiscal year 2024, with projected net profit attributable to shareholders ranging from -22.50 billion to -18.90 billion CNY[2] - The net profit excluding non-recurring gains and losses is expected to be between -23.50 billion and -19.90 billion CNY, indicating a reduction in losses compared to the previous year[3] - In 2023, the total profit was -2.44 billion CNY, with a net profit attributable to shareholders of -2.46 billion CNY, resulting in an earnings per share of -1.61 CNY[4] Sales Performance - The decline in sales of heavy-duty trucks, particularly self-dumping trucks, is attributed to a sluggish real estate market, with sales dropping by 31.40% to 0.62 million units in 2024[6] Impairment Provisions - The company plans to recognize impairment provisions for receivables, inventory, and long-term assets, with expected impacts on net profit ranging from 9.08 billion to 10.68 billion CNY[6] - Impairment provisions for receivables are estimated at approximately 4.26 to 4.66 billion CNY, while provisions for fixed assets and intangible assets are expected to be around 3.50 to 4.50 billion CNY[6] Cautionary Notes - The company emphasizes that the projected figures are preliminary and have not been audited by external accountants, urging investors to be cautious[7]