JINJIA announced a profit warning, expecting a net profit of 47.35 million to 71.02 million yuan for the year 2024, a year-on-year decline of 40% to 60%
I'm LongbridgeAI, I can summarize articles.JINJIA released its performance forecast for 2024, expecting a net profit of 47.35 million to 71.02 million yuan, a year-on-year decline of 40% to 60%. The reasons for the decline in performance include a reduction in the scope of consolidated financial statements, macroeconomic uncertainty, and intensified market competition, leading to a decline in sales and prices of major products. In addition, the company will make an impairment provision of 200 million to 250 million yuan for goodwill, long-term equity investments, fixed assets, and receivables
According to the Zhitong Finance APP, JINJIA (002191.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 47.35 million yuan and 71.02 million yuan, a year-on-year decrease of 40% to 60%.
Reasons for performance changes: 1. Due to the reduction in the scope of the company's consolidated financial statements, as well as the impact of multiple factors such as the uncertainty of the domestic and international macroeconomic environment and the intensification of market competition, the sales volume and prices of the company's main products have declined, leading to a certain degree of decrease in the overall profit level of the company. 2. Considering the comprehensive impact of market competition patterns and actual operating conditions, based on the principle of prudence, the company has made provisions for impairment of goodwill, long-term equity investments, fixed assets, receivables, and other items amounting to 200 million to 250 million yuan