Core Viewpoint - Yuanlong Yatu (元隆雅图) is expected to experience slight revenue growth in 2024, but will face significant net losses due to reduced client budgets and increased competition in the market [1][2] Group 1: Financial Performance - The company forecasts annual revenue of approximately 2.7 billion to 2.9 billion yuan for 2024, showing slight growth year-on-year [1] - The estimated net profit attributable to shareholders is projected to be a loss of 150 million to 190 million yuan [1] - The company anticipates a goodwill impairment provision of 171 million yuan due to declining profitability [1] Group 2: Market Position and Clientele - Yuanlong Yatu serves numerous Fortune 500 companies and well-known domestic enterprises, including Huawei, Alibaba, and Tencent, showcasing its strong client resources and market competitiveness [2] - The company is a leading player in the IP cultural and creative sector, particularly in the sports IP domain, having previously created popular products like the Beijing Winter Olympics mascot [2] Group 3: Future Prospects - The company aims to leverage upcoming large-scale events, such as the 2025 Harbin Winter Asian Games, to enhance revenue and improve net profit through a more comprehensive business layout [1] - Yuanlong Yatu has developed over 200 products for the Harbin Winter Asian Games, with production exceeding 1 million items, and plans to continue expanding its IP operations and product offerings [2][3]
元隆雅图:2024年营收预增 特许业务或成利润增长点