On January 21, Gelonghui reported that Shandong Chiway Industry Development (002374.SZ) announced its performance forecast for 2024. The net loss attributable to shareholders of the listed company is expected to be between 0.2 billion yuan and -0.23 billion yuan, with a net loss of 0.19 billion yuan to -0.22 billion yuan after deducting non-recurring gains and losses. The basic EPS is expected to be a loss of 0.18 yuan/share to 0.21 yuan/share, and revenue is estimated to be between 0.63 billion yuan and -0.65 billion yuan, with net revenue of 0.585 billion yuan to -0.605 billion yuan after deductions.
The loss in the landscaping business is the main reason for the company's net profit loss and changes during this reporting period. According to relevant accounting standards, the company provided impairment losses of approximately 0.18 billion yuan to 0.2 billion yuan (unaudited) for receivables from existing landscaping projects, leading to the net profit loss. During the reporting period, the company's revenue declined compared to the same period last year, mainly due to the near completion of landscaping project construction, resulting in a revenue decrease of 20 million yuan to 30 million yuan, while weak consumer demand also impacted revenue from packaging Technology and other businesses.
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
Comment(0)
Reason For Report