南山控股(002314) - 2024 Q4 - 年度业绩预告

Financial Performance Expectations - The company expects a net loss attributable to shareholders between 1,380 million yuan and 1,890 million yuan for the fiscal year 2024, compared to a profit of 147.02 million yuan in the same period last year [3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss between 1,400 million yuan and 1,900 million yuan, down from a profit of 75.50 million yuan in the previous year [3]. - Basic earnings per share are expected to be a loss between 0.5096 yuan and 0.6980 yuan, compared to earnings of 0.0543 yuan per share last year [3]. Factors Affecting Profitability - The decline in profitability is attributed to increased promotional strategies to accelerate inventory turnover and cash recovery, leading to a decrease in project gross margins year-on-year [6]. - Some real estate projects have shown signs of impairment, prompting the company to increase inventory write-down provisions based on market conditions and product structure [6]. Strategic Focus and Market Outlook - The company is focusing on real estate project inventory reduction and public REITs issuance to enhance operational management and optimize business quality [5]. - The company anticipates that with the implementation of real estate policy measures, the market is expected to stabilize gradually [6]. - The company emphasizes the importance of monitoring industry policy dynamics to ensure cash flow safety and sustainable development [6]. Financial Reporting and Investor Guidance - The financial data provided is preliminary and subject to change, with the final figures to be disclosed in the 2024 annual report [7]. - Investors are advised to exercise caution as the forward-looking statements do not constitute a commitment to investors [7].