---
title: "NXZ expects a loss of 140 million to 190 million yuan for the year 2024, and the company's stock may be subject to delisting risk warnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226138086.md"
description: "NXZ expects a net loss of 140 million to 190 million yuan for the year 2024, mainly due to a decline in market prices, increased sales and financial expenses, and rising intermediary fees for asset restructuring. According to the regulations of the Shenzhen Stock Exchange, if the net profit is negative and the operating income is below 300 million yuan after the disclosure of the 2024 annual report, the stock may be subject to delisting risk warning"
datetime: "2025-01-24T10:21:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226138086.md)
  - [en](https://longbridge.com/en/news/226138086.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226138086.md)
generator: "portal-rs"
---

# NXZ expects a loss of 140 million to 190 million yuan for the year 2024, and the company's stock may be subject to delisting risk warnings

According to the Zhitong Finance APP, NXZ (000595.SZ) released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company between 140 million yuan and 190 million yuan for the year. Reasons for the performance change: 1. During the reporting period, the company's operating income decreased year-on-year due to factors such as the decline in market prices of certain bearing products. 2. To continuously strengthen market development efforts, product competitiveness, and after-sales service levels, the company further increased its capital investment in domestic and foreign markets and project construction during the reporting period, resulting in an increase in sales and financial expenses year-on-year. 3. The company's major asset restructuring work is progressing in an orderly manner, and during the reporting period, the increase in intermediary fees due to the major asset restructuring led to a year-on-year increase in management expenses.

According to preliminary calculations by the company's finance department, it is expected that the total profit, net profit, and net profit after deducting non-recurring gains and losses for the company in 2024 will be negative, and the operating income after deduction will be less than 300 million yuan. According to Article 9.3.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," after the company discloses its 2024 annual report, the company's stock may be subject to delisting risk warning (with the stock abbreviation prefixed by "\*ST")

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