Financial Performance - The company's net profit for 2024 is projected to be between -10,300 and -8,100 thousand yuan, representing a decline of 372.11% to 313.99% compared to the previous year's profit of 3,785.30 thousand yuan[4]. - The decline in performance is primarily attributed to macroeconomic fluctuations, which have slowed urban infrastructure construction and reduced demand in the entrance and exit management market[5]. Bad Debt and Provisions - The company has experienced an increase in bad debt provisions for accounts receivable due to extended payment cycles in downstream industries and incomplete project payments by the end of 2024[6]. - The company plans to terminate the franchise rights of its subsidiary Jianing Fuyuan early, leading to impairment provisions for related intangible assets in 2024[6]. Research and Development - Research and development expenses have increased compared to the previous year, as the company continues to explore innovative business opportunities despite the overall decline in existing business[6]. Investment Risks - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited by an accounting firm, highlighting potential investment risks[6].
立方控股(833030) - 2024 Q4 - 年度业绩预告