棒杰股份(002634) - 2025 Q2 - 季度业绩预告

Financial Performance Expectations - The company expects a net loss of between 120 million and 180 million yuan for the first half of 2025, compared to a loss of 142.15 million yuan in the same period last year[3]. - The net profit attributable to shareholders is projected to be a loss of 88 million to 148 million yuan, compared to a loss of 145.13 million yuan in the previous year[3]. - Basic earnings per share are expected to be a loss of 0.26 to 0.39 yuan per share, compared to a loss of 0.30 yuan per share last year[3]. Reasons for Losses - The primary reason for the losses is the debt pressure and production suspension in the photovoltaic sector, leading to high fixed costs such as equipment depreciation and factory rent[5]. - The company faces litigation risks related to multiple lawsuits involving its photovoltaic subsidiary, which could result in actual losses if the company is held liable[7]. - The company is experiencing performance volatility due to ongoing debt pressure and operational challenges in its photovoltaic sector, making it difficult to turn around in the short term[7]. Strategic Plans - The company plans to enhance product development and increase product value and competitiveness while advancing factory automation and information technology[7]. - If the debt pressure and operational conditions of the photovoltaic subsidiary do not improve, the company's audited net assets may turn negative by the end of 2025, posing a risk of delisting[8].