FINANCIAL STREET(SZ:000402)2026-01-30 10:50Financial Performance - The company expects a net profit attributable to shareholders to be a loss of between 450 million and 650 million yuan, compared to a loss of 1,108.372 million yuan in the same period last year[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 430 million to 630 million yuan, compared to a loss of 997.901 million yuan in the previous year[3]. - The basic earnings per share is expected to be a loss of between 1.51 yuan and 2.17 yuan, compared to a loss of 3.71 yuan per share in the previous year[3]. Real Estate Development Losses - The company anticipates a loss of approximately 2.5 to 3 billion yuan from real estate development due to market pricing strategies and project settlement losses[6]. - An additional loss of about 1.5 to 3 billion yuan is expected from impairment provisions on certain inventory projects[6]. Cash Flow and Liabilities - The company aims to achieve a net cash flow from operating activities of approximately 2 billion yuan, maintaining positive cash flow for seven consecutive years[7]. - By the end of 2025, the company's cash balance is expected to be around 16.6 billion yuan, covering all interest-bearing liabilities due within one year for six consecutive years[7]. - The company plans to reduce interest-bearing liabilities by approximately 5 billion yuan by the end of 2026, following the repayment of financial products issued in December 2025[7]. Operational Focus - The company will focus on enhancing operational efficiency and cost control while promoting sales and project cash collection in its real estate development business[9]. - The company is committed to improving service levels and customer experience in its asset management business while expanding and upgrading urban renewal and cultural tourism projects[9].