慈文传媒(002343) - 2025 Q2 - 季度业绩预告

Ciwen Media 2025 Semi-Annual Performance Forecast Current Period Performance Forecast The company expects a shift from profit to loss in H1 2025, with net profit attributable to shareholders projected to be a loss of 20-26 million CNY Performance Forecast Summary | Item | Current Period (Jan 1 - Jun 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: 20 million ~ 26 million CNY | Profit: 14.2388 million CNY | | Net Profit After Deducting Non-Recurring Gains/Losses | Loss: 30 million ~ 36 million CNY | Profit: 12.6968 million CNY | | Basic Earnings Per Share | Loss: 0.0421 ~ 0.0547 CNY/share | Profit: 0.0300 CNY/share | Communication with Accounting Firm The company has conducted preliminary communication with its annual audit accounting firm regarding the performance forecast, with no significant disagreements, though the financial data remains unaudited - The company has conducted preliminary communication with its annual audit accounting firm regarding the significant matters of the performance forecast, and no significant disagreements exist between the parties[4] - The financial data related to this performance forecast has not been pre-audited by a certified public accountant[4] Explanation of Performance Changes The shift from profit to loss is primarily due to seasonal fluctuations in film and television revenue recognition and a significant increase in credit impairment losses from changes in accounts receivable aging - Due to the production, creation, and distribution cycle characteristics of the film and television business, the company recognized less revenue from this segment in the second quarter, impacting overall first-half performance[5] - In the first half of 2025, the company's provision for credit impairment losses significantly increased compared to the prior year, mainly due to changes in the aging structure of accounts receivable at period-end, which had a substantial negative impact on net profit[5] - The company plans to strengthen accounts receivable management and intensify collection efforts in the second half of the year to improve the collection rate[6] Other Relevant Information This performance forecast is a preliminary, unaudited estimate by the company's finance department, with final data subject to the official 2025 Semi-Annual Report disclosure - The data in this performance forecast is a preliminary estimate by the company's finance department and has not been audited; the final financial data will be subject to the company's officially disclosed "2025 Semi-Annual Report"[7]