渤海汽车(600960) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company anticipates a significant profit turnaround in H1 2025, with net profit attributable to shareholders projected between RMB 270 million and RMB 328 million, largely driven by non-operating gains Estimated Financial Performance (RMB) | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Shareholders | RMB 270 million to RMB 328 million | | Net Profit Attributable to Shareholders After Deducting Non-Recurring Gains and Losses | RMB 5.4 million to RMB 6.6 million | - The forecast data represents preliminary calculations by the finance department and is unaudited[4] Prior Period Performance Review In contrast to the current period's forecast, the company reported a loss in H1 2024, with net profit attributable to shareholders at RMB -113.36 million H1 2024 Financial Performance (RMB) | Indicator | H1 2024 Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Shareholders | RMB -113.36 million | | Net Profit Attributable to Shareholders After Deducting Non-Recurring Gains and Losses | RMB -120.17 million | | Earnings Per Share | RMB -0.1193 | Key Drivers of Performance Change The primary driver for the profit turnaround is an accounting adjustment related to the German subsidiary BTAH's bankruptcy, leading to the reversal of prior 'excess losses' as investment income - The significant performance increase is primarily due to German subsidiary BTAH no longer being included in consolidated financial statements after entering bankruptcy proceedings[8] - Deconsolidation of BTAH, per accounting standards, allowed the company to reverse previously recognized 'excess losses' as investment income, which is the main source of profit[8] Risk Warning and Other Disclosures The company cautions that the forecast is preliminary and unaudited, with final figures subject to the official 2025 semi-annual report, and no significant uncertainties are identified - The company reminds investors that forecast data is preliminary and unaudited, with final data subject to the semi-annual report[8][10] - The company assesses no significant uncertainties exist that would impact the accuracy of this performance forecast[9]