青龙管业(002457) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company forecasts a substantial year-over-year decline in 2025 first-half net profit, with attributable net profit expected to be 12 million to 18 million yuan, a 74.92% to 83.28% decrease Performance Forecast Summary | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of the Listed Company (million yuan) | Profit: 12 – 18 | Profit: 71.7832 | | Year-over-Year Change | Decrease: 83.28% - 74.92% | - | | Net Profit After Deducting Non-Recurring Gains and Losses (million yuan) | Profit: 8.7 – 13 | Profit: 64.8964 | | Year-over-Year Change | Decrease: 86.59% - 79.97% | - | | Basic Earnings Per Share (yuan/share) | Profit: 0.0363 – 0.0544 | Profit: 0.2163 | Communication with Accounting Firm The company explicitly states that the financial data within this performance forecast remains unaudited by a certified public accountant - The financial data related to this performance forecast has not been audited by a certified public accountant[3] Explanation of Performance Changes The company attributes its 2025 first-half performance decline to delayed order execution, reduced gross profit margin from market competition and product mix changes, and increased management expenses due to strategic expansion - Delayed execution of some existing order projects led to a year-over-year decline in shipments and operating revenue, as signed large-scale project orders are still in the capacity construction phase and contribute minimally to current period revenue[4] - The comprehensive gross profit margin decreased year-over-year due to intensified market competition and changes in product sales structure, with an increase in urban pipe network renovation projects primarily involving drainage pipes, while high-margin PCCP (Prestressed Concrete Cylinder Pipe) projects have not yet entered their peak delivery period[5][6] - Management expenses increased compared to the prior year due to the company's strategic layout, business expansion, and personnel growth[6] Risk Warning The company confirms no significant uncertainties exist that could impact the accuracy of this performance forecast - The company has no significant uncertain factors that could affect the accuracy of this performance forecast[7] Other Relevant Information The company emphasizes this unaudited performance forecast is a preliminary financial department estimation, with final data to be disclosed in the 2025 semi-annual report, urging investor caution - This performance forecast data represents preliminary estimations by the company's finance department and has not been audited by an auditing firm[8] - Specific performance data will be detailed in the company's 2025 semi-annual report, and investors are advised to be aware of investment risks[8]