---
title: "Wanlistone expects a pre-loss, anticipating a net loss of 47 million to 61 million yuan for the fiscal year 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225981302.md"
description: "Wanlistone expects a net loss of RMB 47 million to RMB 61 million for the fiscal year 2024, mainly affected by adjustments in the real estate market and the financial conditions of downstream customers. The company's accounts receivable settlement cycle has extended, and anticipated credit losses have increased, leading to the provision for impairment based on the principle of prudence. Meanwhile, the lithium extraction business from salt lakes is still in the construction phase and has not generated revenue, with related expenses impacting profits"
datetime: "2025-01-23T10:56:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225981302.md)
  - [en](https://longbridge.com/en/news/225981302.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225981302.md)
generator: "portal-rs"
---

# Wanlistone expects a pre-loss, anticipating a net loss of 47 million to 61 million yuan for the fiscal year 2024

According to the Zhitong Finance APP, Wanlistone (002785.SZ) has released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 47 million and 61 million yuan for the year.

During the reporting period, the real estate market remained in a state of adjustment. The company was affected by the financial conditions of downstream real estate clients, leading to an extended accounts receivable settlement cycle and an increase in expected credit losses. Based on the principle of prudence, the company has made individual impairment provisions for accounts receivable that are at risk of collection due to deteriorating financial conditions. Additionally, for assets such as inventory that show signs of impairment, the company has made corresponding impairment provisions based on the lower of carrying amount and net realizable value.

During the reporting period, the company's lithium extraction from salt lake business was still in the construction phase and had not yet generated business revenue, with expenses and front-end production line relocation costs having a certain impact on the company's profits

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**