Core Viewpoint - The company, Zhongjiao Holdings (00839), has issued a profit warning, leading to a decline of over 8% in its stock price, currently trading at HKD 2.88 with a transaction volume of HKD 29.32 million [1] Financial Performance - For the fiscal year 2025, the company expects to record a net profit of approximately HKD 440 million to HKD 600 million, which represents a decrease from the net profit of about HKD 502 million in the fiscal year 2024 [1] - The company anticipates recognizing a one-time, non-cash impairment loss of approximately HKD 1.62 billion to HKD 1.7 billion in the fiscal year 2025 [1] Impairment and Market Conditions - The projected net profit for fiscal year 2025 reflects the impact of goodwill and intangible asset impairment, primarily due to downward adjustments in estimated future cash flows from several cash-generating units located in Hainan, Guangdong, and Henan provinces [1] - The downward revision in cash flow estimates is attributed to increased market supply in the regions and a decline in overall payment capacity [1]

Core Viewpoint - The company expects a net profit of approximately RMB 440 million to RMB 600 million for the fiscal year ending August 31, 2025, reflecting a decrease from the estimated net profit of RMB 502 million for the fiscal year ending August 31, 2024 [1] Financial Performance - The projected net profit for the fiscal year 2025 has taken into account the anticipated impairment losses on goodwill and intangible assets [1] - The company expects to recognize a one-time, non-cash impairment loss (net of deferred tax) of approximately RMB 1.62 billion to RMB 1.70 billion in the fiscal year 2025 [1] Impairment Factors - The expected impairment is primarily due to a downward adjustment in the estimated future cash flows of certain cash-generating units located in Hainan, Guangdong, and Henan provinces [1] - The decline in cash flow estimates is attributed to increased market supply in the relevant regions and a decrease in overall payment capacity in the current macroeconomic environment [1]

Core Viewpoint - The company anticipates a net profit of approximately RMB 440 million to RMB 600 million for the fiscal year 2025, reflecting a decrease from the net profit of RMB 502 million recorded for the fiscal year ending August 31, 2024 [1] Financial Performance - The expected net profit for fiscal year 2025 has taken into account the anticipated impairment losses on goodwill and intangible assets [1] - The company expects to recognize a one-time, non-cash impairment loss (net of deferred tax) of approximately RMB 1.62 billion to RMB 1.70 billion in fiscal year 2025 [1] Market Conditions - The anticipated impairment is primarily due to a downward adjustment in estimated future cash flows for certain cash-generating units located in Hainan, Guangdong, and Henan provinces [1] - The decline in cash flow estimates reflects increased market supply in the relevant regions and a decrease in overall purchasing power in the current macroeconomic environment [1]