Xingyuan Environment(300266)2025-01-24 08:00Financial Performance - The company expects a net loss of approximately 280 million yuan for the year 2024, a reduction in loss of 66.66% compared to the previous year's loss of 989.74 million yuan [4]. - The net loss after deducting non-recurring gains and losses is estimated to be between 355 million and 405 million yuan, a reduction in loss of 59.06% compared to the previous year's loss of 989.35 million yuan [4]. - The company's equity attributable to shareholders is projected to be between 630 million and 1.13 billion yuan at the end of the accounting year, compared to 278.86 million yuan at the end of the previous year [4]. Reasons for Loss - The main reasons for the operating loss include high financial expenses due to a significant amount of interest-bearing liabilities and large impairment losses on receivables and operational assets [6][7]. Non-Recurring Items - Non-recurring gains and losses attributable to the parent company are estimated to be around 70 to 80 million yuan, primarily from the disposal of an investment property [8]. - Shareholders and related parties have decided not to charge approximately 115 million yuan in interest on loans, which will increase the equity attributable to shareholders by the same amount [8]. Financial Reporting - The financial data provided in the earnings forecast is preliminary and has not been audited by the accounting firm [5][8]. - The specific financial data for the 2024 fiscal year will be disclosed in detail in the annual report [8].