日发精机(002520) - 2025 Q2 - 季度业绩预告

Performance Forecast Overview The company projects a significant net loss for H1 2025, with attributable net profit expected to be a loss of RMB 223.5 million to RMB 333 million 2025 Semi-Annual Performance Forecast | Item | Current Period (Jan 1 - Jun 30, 2025) | Prior Year Same Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: RMB 223.5 million - RMB 333 million | Loss: RMB 23.3922 million | | Year-over-Year Change | Loss Increase: 855.45% - 1323.55% | - | | Net Profit After Non-Recurring Items | Loss: RMB 232 million - RMB 346 million | Loss: RMB 23.9824 million | | Year-over-Year Change | Loss Increase: 867.38% - 1342.73% | - | | Basic Earnings Per Share | Loss: RMB 0.298/share - RMB 0.444/share | Loss: RMB 0.029/share | - This performance forecast is a preliminary estimate by the company's finance department and has not been audited by an accounting firm[4] Analysis of Core Reasons for Performance Change The substantial loss is primarily due to Airwork's reduced aircraft leasing and syndicate takeover leading to impairment, coupled with expanded losses and bankruptcy proceedings at Italy MCM Subsidiary Airwork Operating Loss Airwork's aircraft leasing business significantly contracted due to global economic and geopolitical factors, leading to reduced revenue and profit, with asset sales also falling short of expectations - Airwork's aircraft leasing business significantly contracted, leading to a notable decline in both revenue and profit[5] - Sales of aircraft and related assets did not meet set targets[5] Subsidiary Airwork Asset Impairment Provision Effective July 2, 2025, a banking syndicate formally took over Airwork, changing its de facto control and prompting the company to make further asset impairment provisions based on collateral - Effective July 2, 2025, a banking syndicate formally took over Airwork, resulting in a change of the company's de facto control[5][6] - The company made corresponding asset impairment provisions for relevant assets based on the collateral scope of the syndicate loan agreement[6] Subsidiary Italy MCM Operating Loss and Liquidity Crisis Italian subsidiary MCM's losses expanded due to a sluggish European economy, rising costs, and poor market development, leading to a liquidity crisis and the initiation of bankruptcy protection procedures - Affected by geopolitical factors, a sluggish European economy, and rising costs, Italy MCM's losses expanded year-over-year in the current period[6] - Due to the loss of external financing capability, MCM is facing a liquidity crisis, and its board has resolved to initiate bankruptcy protection procedures[7] Significant Risk Warning The company faces significant uncertainties regarding Italy MCM's bankruptcy outcome and the potential unrecoverability of investments and claims in Airwork following its syndicate takeover and asset disposal - Italy MCM's bankruptcy reorganization application has not yet been submitted, and its acceptance, ruling, and execution outcomes remain uncertain[8] - Following Airwork's takeover, all its collateralized assets will be forcibly disposed of, potentially leading to the unrecoverability of the listed company's investments and claims[8] - The company reiterates that this performance forecast is preliminary and unaudited, advising investors to exercise caution in their decisions[8]