Core Viewpoint - Tianji Interactive (01980) anticipates a significant turnaround in financial performance for the fiscal year 2024, projecting a net income of approximately RMB 19.9 million compared to a net loss of RMB 135.1 million in fiscal year 2023 [1][2] Financial Performance - The company expects total comprehensive income of about RMB 53.1 million for the fiscal year 2024, a recovery from a comprehensive loss of RMB 106.6 million for the year ending December 31, 2023 [1] - The turnaround from a net loss in 2023 to net profit in 2024 is attributed to two main factors: 1. Growth in fair value of financial assets due to changes in the interest rate environment, with the Federal Reserve halting interest rate hikes and beginning cuts, leading to an increase in the prices of fixed-income assets [1] 2. A surge in technology stock prices, particularly in AI and cloud computing, positively impacting the fair value of the company's holdings in technology stocks and funds [1] Investment Valuation - The valuation of non-listed equity investments has significantly increased, as the company invested in several non-listed firms in sectors such as social reasoning games, e-commerce, and short video platforms [2] - The strong operational performance of these non-listed companies is expected to enhance the valuation of the company's non-listed equity investments in 2024 [2] - The relatedness of these companies to the company's core business is anticipated to create synergistic benefits, further driving the increase in fair value of financial assets [2]
天鸽互动(01980)发盈喜 预计2024年度净收入约1990万元