SBT(SH:600608)2025-01-24 12:05Financial Performance Forecast - The company expects a total profit of approximately -6.7 million yuan for 2024, with a net profit attributable to the parent company of about -5.2 million yuan, and the same figure for net profit after deducting non-recurring gains and losses [2]. - The anticipated operating revenue for 2024 is around 17.3 million yuan, with revenue after excluding unrelated business income and income without commercial substance estimated at about 6.5 million yuan, which is below 300 million yuan [4]. - The previous year's total profit was -22.95 million yuan, with a net profit attributable to the parent company of -22.01 million yuan, and operating revenue of 149 million yuan, with adjusted revenue of 143 million yuan [5]. - The performance forecast is preliminary and has not been audited by a registered accountant, indicating potential volatility in the company's 2024 performance [8]. Impact of Supplier Liquidation - The decline in revenue is significantly impacted by the liquidation of the main supplier, Hong Kong Petrochemical, which has led to a substantial drop in business income from the plastic particle sector [6]. - The estimated recovery rate for unsecured debts from Hong Kong Petrochemical's liquidation is about 10.1%, leading to a credit impairment loss provision of 14.9% on related receivables, impacting the 2024 net profit by approximately -4.5 million yuan [7]. Risk of Delisting - If the company’s audited profit figures for the most recent fiscal year are negative and operating revenue is below 300 million yuan, it may face delisting risk warnings after the 2024 annual report is disclosed [9]. Business Adjustments - The company has made structural adjustments to increase its agricultural product business, but overall gross profit has decreased compared to the same period last year due to market factors [6].