触及跌停！8天6板海洋王股价大跌三天，上市以来业绩首现亏损是为何

Core Viewpoint - Ocean King (002724.SZ) has experienced significant stock price volatility, with a recent drop following a profit warning for 2024, indicating a projected net loss of 115 million to 160 million yuan [1][3]. Group 1: Stock Price Movement - Ocean King's stock price fell sharply after reaching a peak of 9.33 yuan per share, following a rapid increase from around 5 yuan per share [1]. - The stock was heavily traded, with large net sell-offs reported, indicating potential withdrawal of significant capital from the stock [1][2]. Group 2: Financial Performance - The company anticipates a net loss for 2024, contrasting with a profit of 43.67 million yuan in 2023, primarily due to declining revenues and increased losses in its subsidiary, Shenzhen Mingzhihui Smart Technology Co., Ltd. [3][4]. - The main reasons for the projected loss include a downturn in the construction business, delayed customer payments, and increased asset impairment provisions, including a planned goodwill impairment of approximately 100 million yuan [3][4]. Group 3: Acquisition and Goodwill Impairment - The acquisition of Mingzhihui in 2020 resulted in significant goodwill, which is now at risk of impairment, contributing to the expected losses [4][5]. - The initial valuation of Mingzhihui was significantly higher than its book value, leading to a goodwill recognition of 151.10 million yuan, with a planned impairment of about 100 million yuan, representing roughly two-thirds of the recognized goodwill [4][5]. Group 4: Business Operations - Mingzhihui's primary revenue comes from urban landscape lighting projects, with a focus on government and infrastructure projects [6]. - The company had performance commitments post-acquisition, which have not been met, leading to substantial losses and the need for goodwill impairment [7].