Flying Technology(SH:603488)2025-04-29 15:20Financial Performance - The company expects a net profit attributable to shareholders of approximately 996.39 million yuan for 2024, a decrease of 87.80% compared to the previous year[6]. - The net profit after deducting non-recurring gains and losses is projected to be -1,642.83 million yuan, representing a decrease of 129.33% year-on-year[6]. - The estimated operating revenue for 2024 is 46,913.81 million yuan, with a revenue of 46,462.70 million yuan after excluding unrelated business income[6]. - In the previous year, the net profit attributable to shareholders was 8,165.78 million yuan, and the net profit after deducting non-recurring gains and losses was 5,601.75 million yuan[8]. Revenue Recognition and Impairment - The company plans to adjust revenue recognition for certain military projects due to insufficient acceptance confirmation, impacting the projected revenue and profit[10]. - A goodwill impairment of 518.68 million yuan has been recognized due to delays in the delivery and acceptance of military projects, affecting the overall profit forecast[10]. - The company has a substantial backlog of orders, but the performance of its subsidiary is not expected to meet the agreed standards due to project delays[10]. Financial Reporting and Investor Guidance - The financial data provided is preliminary and subject to change upon the release of the official annual report[12]. - The company has communicated with auditors and found no significant uncertainties affecting the accuracy of the revised profit forecast[11]. - Investors are advised to be cautious regarding investment risks based on the revised financial outlook[12].