GLCC(600234)2025-01-24 09:15Financial Performance - The company expects a total profit of between 36.15 million and 43.38 million CNY for the fiscal year 2024, with a net profit attributable to shareholders ranging from 35.35 million to 42.42 million CNY, indicating a turnaround from a loss in the previous year [2]. - Projected operating revenue for 2024 is estimated to be between 317.10 million and 380.50 million CNY, representing an increase of 246.99 million to 310.40 million CNY compared to the previous year, which corresponds to a year-on-year growth of 352.33% to 442.78% [3]. - The net asset value at the end of 2024 is expected to be between 412.98 million and 495.56 million CNY [3]. - In 2023, the company reported a total profit of -174.05 million CNY and a net profit attributable to shareholders of -170.65 million CNY, indicating significant improvement in 2024 [7]. Business Operations - The company has focused on expanding its renovation business, signing multiple contracts in various sectors, which has contributed to revenue growth [10]. - The sale of equity in Shaanxi Runtian Advertising Co., Ltd. is expected to generate an investment income of approximately 12.49 million CNY in Q4 2024 [11]. - Efforts to recover receivables have led to a reversal of bad debt provisions, contributing an additional profit of about 14.28 million CNY [11]. - The fair value of investment properties has increased by approximately 4.90 million CNY compared to the previous year [11]. Risk Factors - The company is under a delisting risk warning due to 2023's revenue being below 100 million CNY and negative net profit, which could lead to termination of listing if 2024 results do not meet certain thresholds [12]. - The financial data provided is preliminary and subject to audit, with final figures to be disclosed in the 2024 annual report [12].