ENJOYOR(SZ:300020)2025-01-24 13:52Financial Performance - The estimated net profit attributable to shareholders is expected to be a loss of between 710 million and 960 million CNY, representing a decline of 203% to 310% compared to the previous year's loss of 233.95 million CNY [3]. - The estimated operating revenue is projected to be between 500 million and 600 million CNY, a decrease from 1.169 billion CNY in the same period last year [3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be a loss of between 714 million and 964 million CNY, down 197% to 301% from the previous year's loss of 240.15 million CNY [3]. - The equity attributable to shareholders is projected to be between 3.1 billion and 3.5 billion CNY, down from 4.209 billion CNY at the end of the previous year [3]. Market Challenges - The company has faced a decline in new order projects due to intense market competition, leading to a decrease in operating revenue [6]. - Fixed costs such as labor, depreciation, and financial expenses have not decreased proportionally with the decline in revenue [6]. Risk Management - The company plans to reassess expected credit loss rates for accounts receivable and contract assets based on customer risk levels and repayment capabilities [6]. - The company’s stock has been subject to delisting risk warnings due to the negative net profit and other financial issues [8]. - The company has received a notice of investigation from the China Securities Regulatory Commission for suspected violations of information disclosure laws [10]. - The company is actively working to resolve financial issues related to its controlling shareholder and has repaid 196.95 million CNY in occupied funds [9].