航天电器(002025) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company anticipates a substantial year-on-year decline in net profit for H1 2025, with attributable net profit projected to decrease by 76.63% to 78.97% Key Financial Performance Indicators | Item | Current Reporting Period (H1 2025) | Prior Period (H1 2024) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Profit: 81 - 90 million CNY | Profit: 385.12 million CNY | Decrease: 76.63% - 78.97% | | Net Profit After Non-Recurring Items | Profit: 70 - 78 million CNY | Profit: 358.59 million CNY | Decrease: 78.25% - 80.48% | | Basic Earnings Per Share | Profit: 0.18 - 0.20 CNY/share | Profit: 0.84 CNY/share | / | Communication with Accounting Firm The company clarifies that the financial data presented in this performance forecast remains unaudited by an accounting firm - The financial data in this performance forecast has not been audited by an accounting firm[4] Explanation of Performance Changes Despite strong order growth in defense, new energy, and data communication, net profit declined due to product price reductions, delayed revenue recognition, rising raw material costs, and increased depreciation expenses - The company achieved significant year-on-year growth in orders across defense, new energy, and data communication sectors, indicating successful market development and new business expansion[5] - The primary reasons for the decline in net profit include: - Price Pressure: Decreased prices for some products - Delayed Revenue Recognition: Extended customer acceptance cycles for products, leading to lower-than-expected revenue recognition in the defense industry - Rising Costs: Increased procurement prices for precious metal materials required for key products - Increased Expenses: Higher depreciation expenses after the 2021 private placement fundraising projects were converted into fixed assets[5] Risk Warning The company advises investors that the performance forecast data is a preliminary, unaudited estimate, and final accurate financial figures will be disclosed in the 2025 semi-annual report - The data in this performance forecast is a preliminary estimate by the company's financial department and is unaudited; the specific financial data will be subject to the company's 2025 semi-annual report[6][7]