Current Period Performance Forecast The company projects a significant net loss for H1 2025, with attributable net profit between -7.5 billion and -5.5 billion yuan, and non-recurring net profit between -8.3 billion and -6.3 billion yuan Estimated Amounts (RMB) | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | -7.5 Billion to -5.5 Billion Yuan | | Net Profit Attributable to Shareholders of Listed Company After Non-Recurring Items | -8.3 Billion to -6.3 Billion Yuan | - This performance forecast incorporates the impact of creditor waivers or debt reductions from the company's ongoing Debt Restructuring Plan and its Supplementary Plan3 - This performance forecast is unaudited by a certified public accountant4 Prior Period Performance Overview Compared to the prior year, the company's losses show an expanding trend, with 2024 H1 net profit attributable to shareholders at -4.849 billion yuan, non-recurring net profit at -6.313 billion yuan, and basic EPS at -1.25 yuan 2024 Semi-Annual Amounts (RMB) | Indicator | 2024 Semi-Annual Amount (RMB) | | :--- | :--- | | Total Profit | -6.386 Billion Yuan | | Net Profit Attributable to Shareholders of Listed Company | -4.849 Billion Yuan | | Net Profit Attributable to Shareholders of Listed Company After Non-Recurring Items | -6.313 Billion Yuan | | Basic and Diluted Earnings Per Share | -1.25 Yuan | Primary Reasons for Current Period's Estimated Loss The estimated loss is primarily due to decreased real estate project settlement revenue and high financial expenses from substantial debt and low interest capitalization rates, alongside the company's strategic focus on 'ensuring delivery' and transformation - Revenue side: Due to the pace of real estate project settlements, fewer projects were settled in the first half, leading to a decrease in settlement revenue7 - Cost side: The outstanding debt remains substantial, and the limited number of project vehicles capable of interest capitalization results in an extremely low interest capitalization rate for the period, keeping financial expenses high7 - Strategic level: The company is committed to completing its 'ensuring delivery' tasks, continuously advancing debt restructuring, and firmly pursuing its strategic direction of 'comprehensive transformation into an industrial new city service provider'7 Risk Warning and Other Explanatory Matters The company states this performance forecast is based on preliminary financial department estimates, unaudited, and subject to uncertainty; final accurate financial data will be based on the officially disclosed 2025 semi-annual report, cautioning investors about related risks - The company confirms there are no significant uncertainties affecting the accuracy of this performance forecast8 - Investors are reminded that this forecast is a preliminary, unaudited estimate, and specific accurate data will be subject to the company's officially disclosed 2025 semi-annual report8
华夏幸福(600340) - 2025 Q2 - 季度业绩预告