Jihua Group(601718)2025-01-24 11:35Financial Performance Expectations - The company expects a net loss attributable to shareholders of the parent company for 2024 to be between -4.25 billion and -3 billion CNY, indicating a significant decline compared to the previous year's profit of 1.82 million CNY[5]. - The expected net profit after deducting non-recurring gains and losses for 2024 is also projected to be between -4.25 billion and -3 billion CNY[7]. - Revenue is anticipated to decline by approximately 14% year-on-year due to factors such as delayed bidding projects and reduced order volumes[10]. - The company plans to exit the Jihua Garden commercial real estate project and make impairment provisions, which are expected to impact profits by between -2.25 billion and -1 billion CNY[10]. - The previous year's net profit attributable to shareholders was 182.34 million CNY, with a total profit of 216.59 million CNY[8]. - The company reported a loss of 18.20 million CNY after deducting non-recurring gains and losses in the previous year[8]. Strategic Adjustments - The company is undergoing professional adjustments to enhance core competitiveness and focus on its main business[10]. - The company has faced significant declines in the operating performance of its equity investees[10]. Financial Data Reliability - The financial data provided is preliminary and subject to final confirmation in the 2024 annual report[12]. - There are no major uncertainties affecting the accuracy of this earnings forecast beyond the mentioned factors[11].