星光农机(603789) - 2025 Q2 - 季度业绩预告

Starlight Agricultural Machinery Co., Ltd. 2025 Semi-Annual Performance Pre-Loss Announcement Current Period Performance Forecast The company anticipates a net loss attributable to owners of the parent company between -85.0 million CNY and -50.0 million CNY for the first half of 2025, with non-recurring net profit ranging from -90.0 million CNY to -55.0 million CNY, based on unaudited preliminary estimates Performance Forecast Details | Metric | Estimated Range (CNY) | | :--- | :--- | | Performance Forecast Period | January 1, 2025 to June 30, 2025 | | Net Profit Attributable to Parent Company Owners | -85.0 million to -50.0 million | | Net Profit After Non-Recurring Items | -90.0 million to -55.0 million | - This performance forecast has not been audited by a certified public accountant[4] Prior Period Operating Performance and Financial Status In the same period of 2024, the company reported a net loss attributable to parent company owners of -48.95 million CNY and a non-recurring net loss of -77.97 million CNY, indicating a potential widening of the overall loss but a possible narrowing of the non-recurring loss in H1 2025 2024 Semi-Annual Performance | Metric | 2024 Semi-Annual Performance | | :--- | :--- | | Net Profit Attributable to Parent Company Owners | -48.95 million CNY | | Net Profit After Non-Recurring Items | -77.97 million CNY | | Earnings Per Share | -0.1883 CNY | - Compared to the same period in 2024, the estimated net loss attributable to parent company owners for H1 2025 may widen (from -48.95 million CNY to a range of -85.0 million CNY to -50.0 million CNY), while the non-recurring net loss may narrow (from -77.97 million CNY to a range of -90.0 million CNY to -55.0 million CNY)[4][5] Primary Reasons for Current Period Performance Pre-Loss Despite increased marketing efforts leading to year-over-year revenue growth, the company continues to incur losses in the first half due to sluggish industry demand, low capacity utilization, reduced gross margins, increased bad debt provisions for accounts receivable, and high fixed costs - Unfavorable external market conditions, including sluggish overall industry demand, persistently low grain prices, and insufficient market activity, contribute to the pre-loss[7] - Internal operational pressures persist, with continuous losses despite year-over-year revenue growth, constrained by low capacity utilization, low product gross margins, increased bad debt provisions for accounts receivable, and high fixed costs[7] Risk Warning The company emphasizes that this performance forecast is unaudited, and final financial data will be based on the officially disclosed semi-annual report, with no significant uncertainties currently identified that would affect the forecast's accuracy - This performance forecast has not been audited by a certified public accountant, and the specific financial results will be confirmed by the auditor in the subsequent semi-annual report[8] - The company has not identified any significant uncertainties that would affect the accuracy of this performance forecast[8] Other Explanatory Notes The company reiterates that the forecast data are preliminary, advising investors to refer to the officially released 2025 semi-annual report for final figures and to be mindful of investment risks - The above forecast data are preliminary, and the precise financial figures will be subject to the company's officially disclosed 2025 semi-annual report[9] - The company advises investors to be aware of investment risks[9]