景谷林业(600265) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company forecasts a significant net loss for H1 2025, with preliminary unaudited attributable net profit between -RMB 130 million and -RMB 105 million Estimated Performance Metrics | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | -130 million to -105 million | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Items | -100.3 million to -68.7 million | - The performance forecast data represents preliminary calculations by the company's finance department and is unaudited[4] Prior Period Performance Comparison Compared to H1 2024, the company's H1 2025 loss significantly widened, indicating a marked deterioration in operating performance Performance Comparison (H1 2025 vs. H1 2024) | Indicator | H1 2025 (Estimated) | H1 2024 (Actual) | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent (RMB million) | -130 to -105 | -8.1959 | Loss significantly widened | | Net Profit Attributable to Parent After Non-Recurring Items (RMB million) | -100.3 to -68.7 | -13.4371 | Loss significantly widened | | Earnings Per Share (RMB) | Not Disclosed | -0.063 | Loss widened | Analysis of Forecasted Loss The forecasted loss is primarily due to a significant decline in main business performance and increased non-operating expenses, including asset impairments and contingent liabilities Impact of Main Business Operations The core artificial board product business is the primary source of loss, impacted by real estate downturn, intensified regional competition, and declining product prices - The artificial board product business is negatively impacted by real estate industry trends, intensified regional competition, and declining product prices[6] - These factors led to a decline in both sales volume and selling prices, resulting in a significant drop in gross margin and operational losses[6] Impact of Non-Operating Gains and Losses Non-recurring gains and losses primarily stem from asset impairments due to a subsidiary's underperformance and contingent liabilities from related litigation - The company recognized asset impairments due to the underperformance of its subsidiary, Huiyin Wood Co., Ltd[6] - Contingent liabilities and litigation expenses were accrued due to legal matters involving Huiyin Wood, further impacting profit[6] Impact of Accounting Treatment Accounting treatment methods did not significantly impact the company's forecasted loss during the reporting period - Accounting treatment had no significant impact on the company's forecasted loss for the current period[6] Risk Warning The company warns that the preliminary performance forecast data may differ from the final audited semi-annual report, advising investors to be aware of potential risks - The financial data in this performance forecast is preliminary and may differ from the officially disclosed 2025 semi-annual report data[7] Other Explanatory Matters The company reiterates its official information disclosure channels and advises investors to exercise caution and be aware of investment risks - The company's designated information disclosure media are China Securities Journal and the Shanghai Stock Exchange website (www.sse.com.cn)[8](index=8&type=chunk) - Investors are advised to invest cautiously and be aware of investment risks[8]