Qibu Co.,Ltd.(SH:603557)2024-04-23 13:13Financial Performance Expectations - The company expects a net profit attributable to shareholders of approximately -660 million yuan for the year 2023, revised from an initial estimate of -310 million to -460 million yuan [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be around -580 million yuan, compared to the previous estimate of -260 million to -390 million yuan [4]. - The net profit for the same period in 2022 was -602.775 million yuan, with a loss per share of -1.22 yuan [5]. Accounting Errors and Adjustments - The company identified accounting errors from 2018 to 2020, impacting deferred tax assets and bad debt provisions, leading to a net profit reduction of approximately 220 million to 230 million yuan for 2023 [6]. - The adjustments to the accounting errors are expected to reduce the beginning net assets for 2023 by 65 million to 75 million yuan [6]. - The estimated net assets at the end of 2023 are approximately 59 million yuan, indicating a significant decline due to prior accounting errors [4]. Audit and Governance - The independent auditing firm is currently reviewing the compliance and accuracy of the accounting corrections, with a report to be disclosed soon [8]. - The board of directors has issued an apology for the impact of the profit forecast correction on investors and committed to improving the accuracy and timeliness of future forecasts [8].