东方园林(002310) - 2023 Q4 - 年度业绩

Financial Performance - The company's total revenue for the reporting period was RMB 56,915.90 million, a decrease of 83.30% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was -RMB 508,297.34 million, a reduction in loss of 12.60% year-on-year[4]. - The net profit forecast for 2023 was between -RMB 44.5 billion and -RMB 38 billion, while the actual net profit reported was -RMB 50.83 billion, an increase in loss of RMB 6.3 billion, representing a change of 14.22%[6]. Assets and Equity - Total assets at the end of the reporting period were RMB 3,618,922.36 million, down 11.27% from the beginning of the year[4]. - The equity attributable to shareholders of the listed company was -RMB 19,685.83 million, a decrease of 104.01% compared to the beginning of the year[4]. Operational Challenges - The company experienced a low conversion rate of new orders in ecological construction business, significantly impacting revenue[5]. - The company has made provisions for credit impairment on accounts receivable and contract assets due to long collection cycles[20]. - The company increased provisions for goodwill impairment by approximately RMB 100 million based on the results of the impairment test conducted by a professional institution[23]. Regulatory and Compliance - The company is closely monitoring subsequent developments and will fulfill its information disclosure obligations as required[16]. - The company may face delisting risk warnings as per the regulations following the disclosure of the 2023 annual report[24].