中迪投资(000609) - 2025 Q2 - 季度业绩预告

Beijing Zhongdi Investment Co., Ltd. 2025 Semi-Annual Performance Forecast Performance Forecast Overview The company projects continued and expanded losses for H1 2025, with net profit attributable to shareholders expected to be a loss of RMB 80-100 million and operating revenue significantly decreasing to RMB 120-150 million Key Financial Data for H1 2025 Performance Forecast | Item | Current Period (RMB Million) | Prior Period (RMB Million) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: 80 - 100 | Loss: 74.74 | | Net Profit After Non-Recurring Items | Loss: 75 - 95 | Loss: 67.90 | | Basic Earnings Per Share (RMB/share) | Loss: 0.27 - 0.33 | Loss: 0.25 | | Operating Revenue | 120 - 150 | 281.28 | Communication with Accounting Firm The company states that this performance forecast is a preliminary estimate by its finance department, unaudited by certified public accountants, and no communication has occurred with the accounting firm regarding it - The current period's performance forecast is unaudited by certified public accountants, and the company has not communicated with the accounting firm regarding it[4] Explanation of Performance Changes Performance changes are primarily due to two negative factors: increased financial expenses from overdue loan penalties and capitalized project loan interest, expanding losses, and a significant year-over-year decline in operating revenue due to fewer completed and delivered real estate projects - The loss is expected to widen compared to the prior period, primarily due to increased financial expenses from interest payments, specifically including: - Accrual of penalties, compound interest, and delayed performance interest on overdue loans by a subsidiary due to litigation judgments - Interest on 'guaranteed delivery' loans for the 'Zhongdi Huaxiyue' project, which is no longer capitalized after project completion and is now fully expensed in the current period[5][6] - Operating revenue decreased compared to the prior period, mainly because the 'Zhongdi Suidingfu' project had fewer completed and delivered housing units and area in the current reporting period[6] Risk Warning The company advises investors that this performance forecast is preliminary, with final data subject to the semi-annual report, and despite the removal of delisting risk warning, the stock remains under other risk warnings with a 5% daily price limit due to continuous losses and significant going concern uncertainties in the 2024 audit report - This performance forecast is a preliminary estimate by the company's finance department, and the final financial data will be based on the officially disclosed '2025 Semi-Annual Report'[7] - The company's stock had its delisting risk warning removed on June 11, 2025, but it remains under other risk warnings (ST) with a 5% daily price limit due to continuous losses over the past three fiscal years and an unmodified audit opinion in the 2024 annual report containing a material uncertainty paragraph related to going concern[7]