Core Viewpoint - Chongqing Sifang New Material Co., Ltd. expects a net loss of approximately 30 million yuan for the year 2025, indicating an increase in losses compared to the previous year [3][6]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [2]. - The company anticipates a total revenue of about 100 million yuan for 2025 [3]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be around -32 million yuan [3]. Group 2: Previous Year Performance - In the previous year, the net profit attributable to shareholders was -16.41 million yuan [4]. - The net profit attributable to shareholders, after excluding non-recurring gains and losses, was -17.64 million yuan [4]. - The basic earnings per share for the previous year were -0.95 yuan [5]. Group 3: Reasons for Expected Loss - The market development continues to decline, with a 29.4% decrease in the newly started construction area in Chongqing's real estate sector, leading to a significant reduction in demand for ready-mixed concrete [6]. - The decline in raw material costs for ready-mixed concrete was less than the decrease in sales prices, resulting in a lower gross margin [6]. - The company expects to partially reverse deferred tax assets due to insufficient taxable income, negatively impacting net profit [7]. - Asset impairment losses were recognized due to underperformance of acquired subsidiaries, indicating potential impairment of goodwill and fixed assets [8]. - Credit impairment losses were also recognized due to difficulties in collecting accounts receivable [10].

Core Viewpoint - Chongqing Sifang New Materials Co., Ltd. expects a significant increase in losses for the fiscal year 2025, projecting a net loss of approximately 300 million yuan, compared to a loss of 164.12 million yuan in the previous year [2][5]. Group 1: Performance Forecast - The company anticipates a net profit attributable to shareholders of approximately -300 million yuan for the year 2025, indicating an increase in losses compared to the previous year [4]. - Estimated operating revenue for 2025 is around 1 billion yuan, with a net profit attributable to shareholders, excluding non-recurring gains and losses, projected at -320 million yuan [2][4]. Group 2: Previous Year Performance - In the previous year, the net profit attributable to shareholders was -164.12 million yuan, and the net profit after deducting non-recurring gains and losses was -176.42 million yuan [5]. Group 3: Reasons for Expected Losses - The primary reason for the expected losses is the continued downturn in the market, particularly in the real estate sector in Chongqing, which has seen a 29.4% decline in new construction area, leading to reduced demand for ready-mixed concrete [7]. - The decline in sales prices of ready-mixed concrete has not been matched by a corresponding decrease in raw material costs, resulting in lower gross margins [7]. - The company is also facing a reversal of deferred tax assets due to insufficient taxable income, negatively impacting net profit [8]. - Impairment losses on assets have been recognized due to underperformance of acquired subsidiaries and indications of impairment on goodwill and fixed assets [9]. - Credit impairment losses have been recorded due to difficulties in collecting receivables, exacerbated by liquidity issues among downstream enterprises [10][11].

Core Viewpoint - Sifang New Materials (605122) announced an expected operating revenue of approximately 1 billion yuan for the year 2025, with a projected net profit attributable to shareholders of around -300 million yuan, indicating an increase in losses compared to the previous year [1]. Group 1 - The company anticipates achieving an operating revenue of about 1 billion yuan in 2025 [1]. - The projected net profit for the company is expected to be around -300 million yuan [1]. - The forecast indicates an increase in losses compared to the same period last year [1].

Core Viewpoint - The company Sifang New Materials (605122) is expected to report a net loss of approximately 300 million yuan for the fiscal year 2025, indicating an increase in losses compared to the previous year [1] Financial Performance - The projected operating revenue for 2025 is around 1 billion yuan [1] - The decline in the real estate sector has significantly impacted the demand for the company's concrete products, with a reported 29.4% decrease in new construction area in Chongqing from January to December 2025 [1] Market Conditions - The primary market for the company's ready-mixed concrete is Chongqing, where the downturn in the real estate industry has led to a substantial reduction in product demand [1] - The cost of key raw materials for ready-mixed concrete has decreased at a slower rate than the selling prices, resulting in a decline in gross profit margins for the company's concrete sales [1]

Group 1 - The company Sifang New Materials (605122.SH) has released its earnings forecast for the year 2025, expecting a net profit attributable to shareholders of approximately -30 million yuan, indicating an increase in losses compared to the previous year [1] - The company's preliminary financial estimates indicate that it expects to achieve an operating revenue of about 100 million yuan for the year 2025 [1] - The net profit attributable to shareholders, after deducting non-recurring gains and losses, is projected to be around -32 million yuan for the year 2025 [1]

Core Viewpoint - Sifang New Materials (605122.SH) is forecasting a significant increase in losses for the year 2025, with a projected net profit attributable to shareholders of approximately -30 million yuan, indicating a worsening financial situation compared to the previous year [1] Financial Performance - The company anticipates a total operating revenue of around 100 million yuan for the year 2025 [1] - The net profit attributable to shareholders, after excluding non-recurring gains and losses, is expected to be approximately -32 million yuan [1]

Group 1 - The core point of the article is that Sifang New Materials (605122.SH) expects a net profit attributable to shareholders of approximately -300 million yuan for the fiscal year 2025, indicating an increase in losses compared to the same period last year [2] Group 2 - The announcement highlights a significant financial downturn for the company, projecting a worsening loss situation [2] - The expected net profit figure reflects ongoing challenges within the company's operational environment [2] - This forecast may impact investor sentiment and market perception regarding the company's future performance [2]

Core Viewpoint - Sifang New Materials (605122.SH) is expected to report a net loss of approximately 30 million yuan for the fiscal year 2025, indicating an increase in losses compared to the previous year [1] Financial Performance - The company anticipates a revenue of around 100 million yuan for 2025 [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be a loss of about 32 million yuan [1] Market Conditions - The primary sales market for the company's ready-mixed concrete is Chongqing, where the real estate sector has declined significantly [1] - From January to December 2025, the newly started construction area in Chongqing's real estate sector is expected to decrease by 29.4%, leading to a substantial reduction in demand for ready-mixed concrete products [1] Cost and Profitability - The decline in the cost of key raw materials for ready-mixed concrete has not kept pace with the decrease in sales prices, resulting in a lower gross margin for concrete sales [1] - The overall profitability of the company has been adversely affected due to the market downturn [1] Tax and Accounting Implications - Due to the decline in profitability, the company is unlikely to generate sufficient taxable income during the allowable tax deduction period [1] - In accordance with the relevant provisions of the Accounting Standards for Enterprises, the company has partially reversed previously recognized deferred tax assets, negatively impacting net profit [1]

Group 1 - The company Sifang New Materials expects a net profit of approximately -300 million yuan for the fiscal year 2025, indicating an increase in losses compared to the previous year [1] - The primary reason for the performance decline is the ongoing downturn in the market, particularly affecting the demand for ready-mixed concrete in Chongqing, where the real estate sector has seen a 29.4% decrease in new construction area from January to December 2025 [1] - The decline in demand for ready-mixed concrete has led to overall sales falling short of expectations, compounded by the fact that the decrease in raw material costs has not kept pace with the decline in sales prices, resulting in a drop in gross profit margins for ready-mixed concrete [1]

证券代码：605122 证券简称：四方新材 公告编号：2026-002 重庆四方新材股份有限公司 2025 年年度业绩预告 本公司董事会及全体董事保证本公告不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 重庆四方新材股份有限公司（以下简称"公司"）预计 2025 年度实现归 属于上市公司股东的净利润-30,000 万元左右，与上年同期相比，亏损增加。 经公司财务部门初步测算，公司预计 2025 年度实现营业收入约 100,000 万元；实现归属于上市公司股东的扣除非经常性损益的净利润-32,000 万元左 右。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 经公司财务部门初步测算，预计 2025 年度实现归属于上市公司股东的净利 润-30,000 万元左右，与上年同期相比，亏损增加。 预计 2025 年度实现营业收入约 100,000 万元；实现归属于上市公司股东的 扣除非经常性损益的净利润-32,000 万元左右。 二、上年同期经营业绩和财务状况 （一）归 ...