ISS(SH:600756) Zheng Quan Shi Bao Wang·2025-01-15 08:37Core Viewpoint - The company, Inspur Software (600756), expects a significant decline in net profit for the fiscal year 2024, projecting approximately 12 million yuan compared to 90.99 million yuan in the previous year [1] Financial Performance - The anticipated net profit for 2024 is around 12 million yuan, a decrease of approximately 87.8% from the previous year's net profit of 90.99 million yuan [1] - The decline in revenue is attributed to factors such as tight client funding, delays in project bidding, and postponed delivery and acceptance [1] Accounts Receivable - The company is experiencing an increase in accounts receivable due to client funding issues and lengthy approval processes [1] - Despite the increase in accounts receivable, the company's main clients are government agencies and large enterprises, which have good credit and strong collectability [1] Credit Loss Provisions - The company has increased its provisions for credit impairment losses based on expected credit loss rates for accounts receivable [1]