---
title: "ZYDX issued a profit warning, expecting an expanded loss in 2024, with operating cash receipts falling short of expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225178367.md"
description: "ZYDX expects its net profit in 2024 to decrease by RMB 116.5847 million to RMB 176.5847 million, a year-on-year decline of 348.90% to 528.45%. Due to the impact of the macroeconomic and industry environment, clients are tightening budgets, and project bidding has been delayed, leading to a decline in operating revenue and gross profit margin. Although the company has implemented cost reduction and efficiency enhancement measures, gross profit still does not cover the period expenses, and operating cash inflow has not met expectations, resulting in an increase in impairment provisions and an overall year-on-year decline in performance. The company is increasing sales investment, expanding market service scope, and enhancing R&D investment"
datetime: "2025-01-16T09:55:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225178367.md)
  - [en](https://longbridge.com/en/news/225178367.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225178367.md)
---

# ZYDX issued a profit warning, expecting an expanded loss in 2024, with operating cash receipts falling short of expectations

According to the announcement from ZYDX (688509.SH), the financial department has preliminarily estimated that the net profit attributable to the owners of the parent company for the year 2024 is expected to decrease by 116.5847 million to 176.5847 million yuan compared to the same period last year, a year-on-year decrease of 348.90% to 528.45%.

The net profit attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to decrease by 118.2187 million to 178.2187 million yuan compared to the same period last year, a year-on-year decrease of 282.95% to 426.55%.

During the reporting period, due to the impact of macroeconomic conditions and industry market environment factors, some clients of the company tightened their budgets, project bidding was delayed, and business expansion in some market regions was slow, leading to a year-on-year decrease in the company's operating revenue. At the same time, insufficient market demand and intensified competition resulted in a year-on-year decline in gross profit margin. Although the company has taken multiple measures to reduce costs and increase efficiency, and has continuously increased efforts to cut costs, gross profit still failed to fully cover the period expenses. Additionally, due to operating cash receipts not meeting expectations, the provision for impairment increased year-on-year, resulting in an overall decline in the company's performance compared to the previous year.

During the reporting period, the company increased sales investment, expanded the scope of market services, continued to develop the enterprise-side customer market, and changed its marketing model, leading to an increase in sales expenses year-on-year; it also continued to carry out key core technology breakthroughs, with an increase in R&D investment intensity year-on-year

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