Neoway(SH:688159)2024-04-29 13:34Revenue Forecast - The company revised its 2023 annual revenue forecast to approximately 932 million RMB, reflecting an increase of about 9.23 million RMB or 11.00% year-over-year[5]. - The company experienced a revenue adjustment of approximately 224 million RMB for 2023 due to changes in revenue recognition practices[11]. - The company anticipates an increase in revenue of approximately 210 million RMB for the first quarter of 2024[11]. Profitability - The net profit attributable to the parent company is expected to be -38.43 million RMB, an increase of 18.10 million RMB or 33.02% compared to the previous year[5]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be -48.00 million RMB, showing an increase of 25.81 million RMB or 34.13% year-over-year[5]. - The basic earnings per share were adjusted to -0.42 RMB, compared to 0.05 RMB previously reported[10]. Assets and Equity - The total assets were revised to 1.57 billion RMB, which is an increase of 14.68% compared to the previous year[10]. - The equity attributable to the parent company decreased to 745.11 million RMB, a decline of 3.73% year-over-year[10]. Financial Practices and Reporting - The company has acknowledged the need for more cautious financial accounting practices to prevent similar discrepancies in the future[13]. - The financial data will be detailed in the 2023 annual report, and investors are advised to be aware of the investment risks[13].