匠心家居(301061) - 2025 Q2 - 季度业绩预告

Performance Forecast Overview The company forecasts substantial year-on-year growth in 2025 H1 net profit, with attributable net profit expected to range from 410 million to 460 million yuan Key Performance Indicators | Item | Current Period (million yuan) | Prior Period (million yuan) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Profit: 410 - 460 | Profit: 285.31 | | Year-on-Year Growth | 43.70% - 61.23% | | | Net Profit After Non-Recurring Items | Profit: 400 - 450 | Profit: 257.53 | | Year-on-Year Growth | 55.32% - 74.74% | | Communication with Accounting Firm The company has pre-communicated with its accounting firm regarding the forecast, with no disagreements, though the disclosed financial data remains unaudited preliminary estimates - The financial data in this performance forecast is a preliminary estimate by the company's finance department and has not been audited by an accounting firm[4] - The company has pre-communicated with the accounting firm regarding the performance forecast, and there are no disagreements between the parties on the forecast[4] Analysis of Performance Change Reasons Significant performance growth during the period was driven by market expansion, product upgrades, and operational efficiencies, partially offset by reduced investment income, exchange losses, and increased logistics and tariff costs Performance Growth Drivers Performance growth was primarily driven by overseas market expansion, increased sales of high-value-added products, enhanced operational efficiency through refined management, and effective control of period expenses - Active expansion into overseas markets, particularly strengthening core channel development in North America, significantly supported revenue growth by enhancing brand exposure and retail network coverage[5][6] - Continuous R&D investment led to a steady increase in the sales proportion of high-value-added products, improving the overall gross profit margin[6] - Ongoing implementation of refined management, optimizing supply chain and cost control systems, effectively reduced operating costs[6] - The year-on-year growth rate of net profit after deducting non-recurring gains and losses exceeded the overall net profit growth, indicating strong quality in core business development[6] Adverse Factors Affecting Profit Growth Profit growth was constrained by reduced investment and exchange gains, increased international shipping costs, and the company's absorption of certain US export tariffs - Due to declining market interest rates, the company's investment income from some wealth management products decreased compared to the prior period[6] - Exchange gains decreased compared to the prior period due to exchange rate fluctuations[6] - International sea freight costs increased starting in June, raising logistics expenses for product exports[6] - Beginning in early April, the company voluntarily absorbed a portion of the retaliatory tariffs on certain products exported to the US to maintain customer relationships, which had a short-term impact on profit levels[7] Other Explanations and Risk Warnings The company reiterates that this unaudited performance forecast is a preliminary estimate, with final financial data to be disclosed in the official 2025 semi-annual report, urging investor caution - This performance forecast is a preliminary estimate by the company's finance department and has not been audited by an auditing firm[9] - Specific financial data for the 2025 semi-annual performance will be detailed in the company's official 2025 semi-annual report; investors are advised to exercise caution and be aware of investment risks[9]