海南椰岛(600238) - 2025 Q2 - 季度业绩预告

Hainan Yedao 2025 Semi-Annual Performance Forecast Performance Forecast Overview The company expects to record a net loss for the first half of 2025, with net profit attributable to shareholders projected at -RMB 13.8 million and non-recurring adjusted net profit at -RMB 12.4 million, based on unaudited preliminary estimates Estimated Performance for H1 2025 | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Shareholders | -13.8 million | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -12.4 million | - The financial data in this performance forecast is a preliminary estimate by the company and has not been audited by a certified public accountant[4] Comparison with Prior Period Performance Compared to the prior year, the company's performance shifted from profit to loss, with 2024 H1 net profit attributable to shareholders at RMB 4.6283 million and non-recurring adjusted net profit at -RMB 5.3299 million, indicating core business pressure Performance Comparison: H1 2025 (Estimated) vs. H1 2024 (Actual) | Indicator | H1 2025 (Estimated) | H1 2024 (Actual) | Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | -13.8 million RMB | 4.6283 million RMB | Shift from Profit to Loss | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -12.4 million RMB | -5.3299 million RMB | Loss Widened | | Earnings Per Share | N/A | 0.01 RMB | N/A | Analysis of Estimated Loss The estimated loss for the current period is primarily due to core business setbacks, including a significant decline in high-end liquor revenue, and negative changes in non-operating income and expenses from litigation-related items - In core operations, despite year-on-year growth in Yedao Haiwang liquor revenue, a significant decline in high-end sauce-flavor liquor revenue due to market fluctuations led to the overall gross profit of the liquor segment being insufficient to cover operating costs, resulting in an operating loss[6][7] - Regarding non-recurring gains and losses, there was a negative change in non-operating income and expenses: the prior period included litigation settlement compensation that increased income, while the current period incurred provisions for overdue payment penalties due to litigation judgments, increasing losses[7] Risk Warning The company's stock has been flagged with delisting risk (*ST) due to negative net profit, low revenue, consecutive years of negative non-recurring adjusted net profit, going concern uncertainties, and an adverse internal control audit report, posing a significant risk of delisting if 2025 performance triggers further conditions - The company's stock has been subject to delisting risk warnings and other risk warnings, primarily because multiple indicators in its 2024 annual financial report triggered risk warning rules[8] - Specific reasons for triggering risk warnings include: negative net profit in 2024, revenue after deduction below RMB 300 million, negative non-recurring adjusted net profit for three consecutive years, doubts about going concern ability, and an adverse internal control audit report[8] - The company explicitly warns that if it again triggers delisting conditions under the "Shanghai Stock Exchange Stock Listing Rules" in 2025, its stock will be terminated from listing and trading[8] Other Explanatory Notes The company reiterates that the performance forecast data is a preliminary calculation, with final accurate financial data subject to the officially disclosed 2025 semi-annual report, and advises investors to be aware of investment risks - The above forecast data is only preliminary, and the specific accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report[9]