ST国安(000839) - 2025 Q2 - 季度业绩预告

Expected Performance for the Current Period The company anticipates a significant shift from profit to loss for the first half of 2025 Core Performance Indicator Forecast The company projects a substantial year-on-year decline in net profit, moving from a profit to a significant loss in H1 2025 Core Performance Indicators | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Loss: 25.90 million - 36.70 million CNY | Profit: 157.10 million CNY | | Year-on-Year Change | Decrease: 116.49% - 123.36% | - | | Net Profit After Deducting Non-Recurring Gains and Losses | Loss: 76.90 million - 87.70 million CNY | Loss: 31.76 million CNY | | Basic Earnings Per Share | Loss: 0.0066 - 0.0094 CNY/share | Profit: 0.0401 CNY/share | Communication with Accounting Firm The company clarifies that the preliminary financial data in this performance forecast is unaudited Audit Status Explanation The company explicitly states that the financial data in this performance forecast has not been pre-audited by the accounting firm - The financial data in this performance forecast has not been pre-audited by the accounting firm[4] Explanation of Performance Change The primary reason for the projected loss is underperformance of joint ventures and associates, particularly in the cable TV sector Analysis of Loss Causes The loss is mainly due to a 51 million CNY investment loss from joint ventures and associates in the cable TV business, while the core enterprise information services remain stable - The primary reason for the performance loss is attributed to investments in joint ventures and associates, such as cable television, which incurred a 51 million CNY loss under the equity method due to intensified market competition[5] - The company's principal business, "integrated enterprise information services," maintained stable yet progressive development during the reporting period, achieving improved quality and efficiency through technological innovation and service upgrades[5] Risk Warning The company highlights two main uncertainties regarding the preliminary nature of the forecast data and incomplete financial information from investee companies Key Uncertainties The company warns that the forecast is based on preliminary estimates and incomplete data from investee companies, which may lead to significant discrepancies - This performance forecast represents preliminary estimates by the company's finance department, with detailed financial data to be disclosed in the company's 2025 semi-annual report[6] - As complete financial data from all investee listed companies is not yet available, this forecast is based on historical data and disclosed information, which may result in significant differences from the final figures, thus affecting the accuracy of the forecast[6] Other Relevant Information The Board of Directors advises investors to rely on officially designated channels for company information to mitigate investment risks Information Disclosure Channels The company specifies its official information disclosure media for investor guidance - The company's designated information disclosure media are China Securities Journal, Shanghai Securities News, Securities Times, and Juchao Information Network (http://www.cninfo.com.cn)[7](index=7&type=chunk)