GOHIGH(SZ:000851)2025-04-18 11:20Financial Performance - The company reported total revenue of 146.42 million yuan for 2024, a decrease of 75% compared to the previous year[3] - The net profit attributable to shareholders was -228.27 million yuan, down 47% year-on-year[3] - The equity attributable to shareholders decreased by 79% to 60.90 million yuan[3] - The basic earnings per share were -1.97 yuan, a decrease of 43% compared to the previous year[3] Assets and Liabilities - Total assets at the end of the reporting period were 462.73 million yuan, a decline of 44% from the previous year[3] - The company expects an additional estimated liability of 32.3 million yuan from new litigation received on April 17, 2025[9] - The company plans to increase impairment provisions by 10 million yuan for assets showing signs of impairment[9] Business Challenges - The company initiated an out-of-court restructuring due to significant business impacts from debt defaults and frozen bank accounts[6] - A non-recurring loss of 370 million yuan was recognized due to ongoing litigation cases[6] - The decline in revenue was primarily attributed to debt defaults and a reduction in the scope of consolidated entities following the sale of a subsidiary[7]