JSSS(SH:600220)2024-04-25 14:07Financial Performance - The company expects a net profit attributable to shareholders of approximately -100.08 million yuan for 2023, a decrease of 217.33 million yuan compared to the same period last year, representing a year-on-year decline of 185.35%[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be approximately -85.39 million yuan, a decrease of 191.78 million yuan compared to the same period last year, representing a year-on-year decline of 180.26%[4] - The previous profit forecast estimated a net profit of approximately 9 million yuan, which has been corrected to approximately -100.08 million yuan due to increased provisions for bad debts and credit impairment losses[6] Bad Debt Provisions - The company plans to increase the bad debt provision ratio for accounts receivable from Jiangsu Sunshine Apparel Co., Ltd. from 5% to 10% within one year and from 10% to 30% for one to two years[7] - The company has identified accounts receivable exceeding the credit period from Jiangsu Sunshine Apparel amounting to 26.147 million yuan, which may pose a risk of non-recovery[10] Audit and Internal Control - The annual audit report is expected to include a qualified opinion, and the internal control report is expected to receive a negative opinion from the auditing firm[10] - The company will enhance management and accounting practices to improve the accuracy of future profit forecasts and communication with the auditing firm[11]