美克家居(600337) - 2025 Q2 - 季度业绩预告

Meike International Home Furnishings Co., Ltd. 2025 Semi-Annual Performance Forecast Key Highlights The company forecasts a loss for the first half of 2025, with net profit attributable to shareholders expected to range from -57 million RMB to -85 million RMB, and net profit attributable to shareholders after deducting non-recurring gains and losses expected to range from -287 million RMB to -315 million RMB 2025 Semi-Annual Performance Forecast Core Data | Metric | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | -5,700 million RMB 至 -8,500 million RMB | | Net Profit Attributable to Parent Company Shareholders After Deducting Non-Recurring Gains and Losses | -28,700 million RMB 至 -31,500 million RMB | Current Period Performance Forecast Overview This section clarifies the applicable period for the performance forecast as the first half of 2025 and presents unaudited estimated loss figures, including specific ranges for net profit attributable to parent company shareholders and net profit after deducting non-recurring gains and losses - The financial period for this performance forecast is from January 1, 2025, to June 30, 2025[2] - The company emphasizes that this performance forecast data is unaudited by a certified public accountant and represents preliminary estimates from the finance department[2] Prior Period Operating Performance and Financial Status The report reviews the financial status for the same period in 2024, indicating the company was already in a loss-making state with net profit attributable to parent company shareholders at -276 million RMB, providing a comparative baseline for this performance forecast 2024 Semi-Annual Prior Period Performance | Metric | Amount (RMB) | | :--- | :--- | | Total Profit | -32,293.90 million RMB | | Net Profit Attributable to Parent Company Shareholders | -27,568.95 million RMB | | Net Profit Attributable to Parent Company Shareholders After Deducting Non-Recurring Gains and Losses | -36,648.73 million RMB | | Earnings Per Share | -0.19 RMB/share | Key Reasons for Performance Change The company's performance change is primarily influenced by external market pressures (US tariffs, weak domestic consumption) and internal strategic adjustments (supply chain, market expansion, asset-light strategy); despite a challenging external environment, the company's reform measures have narrowed the decline in revenue and profit, and asset disposals have generated non-recurring gains, improving reported net profit - The company faces dual challenges: uncertainty regarding US reciprocal tariff policies, and declining domestic consumer expectations coupled with a downturn in the home furnishings industry[2] - To address challenges, the company achieved breakthroughs in supply chain adjustments, expansion into non-US markets, and bulk business development, though these transformations led to temporary cost increases[2][3] - Despite challenges, the company's sales revenue and profit decline rate show a continuous narrowing trend[3] - During the reporting period, the company actively implemented an “asset-light” strategy through asset disposals and subsidiary equity transfers, with the resulting non-recurring gains and losses being the primary reason for the net profit loss being smaller than the non-recurring net profit loss[3] - Looking ahead to the second half of 2025, the company will continue to deepen its “business focus, organizational flexibility, and asset-light” strategy, comprehensively promoting cost reduction and efficiency improvement in both international and domestic markets[3] Risk Warning The company confirms there are no significant uncertainties affecting the accuracy of this performance forecast and has pre-communicated relevant matters with its annual audit accounting firm - The company declares no significant uncertainties exist that would affect the accuracy of this performance forecast[3] - The company has pre-communicated the performance forecast situation with its annual audit accounting firm[3] Other Explanations The company reminds investors that the data in this announcement is a preliminary estimate, and the final accurate data will be subject to the company's officially disclosed 2025 semi-annual report, also advising caution regarding investment risks - The company explicitly states that the above forecast data is only preliminary, and the final financial data will be subject to the officially disclosed 2025 semi-annual report[3]