电科芯片(600877) - 2025 Q2 - 季度业绩预告

China Electronics Technology Chip Technology Co., Ltd. 2025 Semi-Annual Performance Forecast Current Period Performance Forecast The company forecasts a significant decline in 2025 first-half performance, with net profit attributable to shareholders decreasing and net profit after non-recurring items turning to a loss 2025 H1 Performance Forecast | Metric | 2025 H1 Forecast | YoY Change | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 7.5 million CNY to 9 million CNY | Decrease by 76.55% to 80.46% YoY | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-recurring Items) | -4.8 million CNY to -6.3 million CNY | Decrease by 117.38% to 122.82% YoY | - This performance forecast is a preliminary estimate based on the company's operating conditions from January 1 to June 30, 2025, and the data is unaudited[4][6] Operating Performance and Financial Status in the Same Period Last Year The report provides 2024 first-half financial data as a benchmark, with net profit attributable to parent company shareholders of 38.3753 million CNY and net profit after non-recurring items of 27.6113 million CNY 2024 H1 Key Financial Data | Metric | 2024 H1 Financial Data | | :--- | :--- | | Total Profit | 39.6447 million CNY | | Net Profit Attributable to Parent Company Shareholders | 38.3753 million CNY | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-recurring Items) | 27.6113 million CNY | | Earnings Per Share | 0.0324 CNY | Primary Reasons for Performance Change in Current Period The significant decline in current period performance is primarily due to increased R&D expenses, higher credit impairment losses from delayed customer payments, and a continuous decline in consumer electronics sales coupled with unconfirmed new security electronics orders - To secure the company's industrial layout and enhance core competitiveness, R&D investment increased, with R&D expenses rising by approximately 13 million CNY year-on-year during the reporting period[10] - Due to delayed customer payments in the security electronics industry, the company's accounts receivable collection lagged, leading to an increase in credit impairment losses of approximately 15 million CNY year-on-year[10] - Affected by market conditions, sales revenue from consumer electronics products continued to decline, while new orders in the security electronics market, though increased, have not yet been delivered and accepted, thus not contributing to performance[10] Risk Warning The company explicitly states that this performance forecast is a preliminary calculation by the finance department based on professional judgment and is unaudited, thus the final results may differ - This performance forecast is a preliminary calculation by the company's finance department and is unaudited, thus its accuracy is uncertain[11] Other Explanatory Notes The company reiterates that the disclosed data is preliminary, and the final accurate financial figures will be based on the officially released '2025 Semi-Annual Report,' advising investors to be aware of investment risks - The final accurate financial data will be based on the company's officially disclosed '2025 Semi-Annual Report,' and investors are advised to be aware of investment risks[12]