Metersbonwe(002269)2025-01-24 12:50Financial Performance - The company expects a net loss of between 220 million yuan and 150 million yuan for the year 2024, representing a decline of 793% to 572.50% compared to the same period last year [3]. - The net profit attributable to shareholders, after deducting non-recurring gains and losses, is projected to be a loss of between 350 million yuan and 240 million yuan, a reduction in loss of 21.27% to 46.02% year-on-year [3]. - The basic earnings per share is expected to be a loss of between 0.09 yuan and 0.06 yuan per share, compared to a profit of 0.01 yuan per share in the previous year [3]. Business Operations - The company's gross margin for the main business decreased by approximately 31 percentage points in Q4 2024, leading to a significant increase in inventory impairment compared to previous quarters [6]. - In Q4 2024, the company sold approximately 1.4 million traditional leisure products, generating sales revenue of about 70 million yuan [5]. - The company reported a year-on-year decline of approximately 43 million yuan in the amount of goods taken by franchisees in Q4 2024 [6]. Retail Development - The number of new stores opened under the 5.0 new retail model increased month-on-month in Q4 2024, with growth rates of 25% and 310% in November and December, respectively [6]. - As of the end of December 2024, there are 38 stores under renovation and 25 stores under design for the 5.0 new retail model [7]. - The company has invested approximately 73 million yuan in related expenses for the 5.0 new retail development in Q4 2024 [6]. - The company aims to lay a solid foundation for future development despite the significant impact on its performance in 2024 due to the transition to the 5.0 new retail model [7].