On January 24, the popular digital currency concept stock Shenzhen Infogem Technologies Co.Ltd(300085) suddenly broke out that the loss in 2021 will exceed 200 million yuan!
it's goodwill again
On January 24, Shenzhen Infogem Technologies Co.Ltd(300085) released the performance forecast for 2021, which shows that it is expected to lose 200 million yuan to 250 million yuan in 2021 and make a profit of 20.85 million yuan in the previous year.
Source: Announcement
It should be noted that Shenzhen Infogem Technologies Co.Ltd(300085) has shown poor performance in multiple quarterly report nodes in 2021. In the first three quarters of 2021, the company lost 20.76 million yuan, 17.34 million yuan and 11.04 million yuan respectively, with a total loss of about 49.14 million yuan in the first three quarters. On the whole, Shenzhen Infogem Technologies Co.Ltd(300085) loss is gradually shrinking, but I didn't expect a sharp decline in performance in the fourth quarter.
Source: China stock market news
As for the reasons for the loss, Shenzhen Infogem Technologies Co.Ltd(300085) provides a number of reasons, including "in 2021, in the company's main business, the financial information business is affected by the order volatility of large bank customers", "the mobile information service business is affected by the increase of channel costs of telecom operators and Industry competition", and so on, Another important factor is goodwill.
The announcement shows that in 2021, the company plans to withdraw about 127 million yuan of goodwill impairment reserve for Yimei softcom, accounting for half of its loss in 2021, which is an important reason for the expansion of Shenzhen Infogem Technologies Co.Ltd(300085) loss.
Source: Announcement
In fact, in the 2021 semi annual report, Shenzhen Infogem Technologies Co.Ltd(300085) proposed that the goodwill of 156 million yuan formed by Yimei softcom may be impaired.
Source: Announcement
how does the share price go?
How will the share price of Shenzhen Infogem Technologies Co.Ltd(300085) go after the sharp decline in performance?
A vivid case is Hwa Create Corporation(300045) , which belongs to the digital currency sector together with Shenzhen Infogem Technologies Co.Ltd(300085) . On January 18, Hwa Create Corporation(300045) is expected to lose 180 million yuan to 200 million yuan in 2021. On January 19, Hwa Create Corporation(300045) fell by 17.67% and fell by 24.80% in the four trading days from January 19 to 24.
Source: China stock market news
Recently, with the popularity of the concept of digital currency, Shenzhen Infogem Technologies Co.Ltd(300085) share price rose, rising by 14.10% since 2022.
Source: China stock market news
However, with the sharp decline in performance, Shenzhen Infogem Technologies Co.Ltd(300085) share price may be under heavy pressure.
