时创能源(688429) - 2025 Q4 - 年度业绩预告

Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -358 million and -298 million CNY, representing a reduction in losses of 29.1 million to 35.1 million CNY, a year-on-year decrease in losses of 44.83% to 54.08%[3] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -388 million and -328 million CNY, indicating a reduction in losses of 27.4 million to 33.4 million CNY, a year-on-year decrease in losses of 41.40% to 50.46%[3] - The total profit for the same period last year was -779.2 million CNY, with a net profit attributable to shareholders of the parent company at -648.9 million CNY[4] Sales and Revenue - The company reported an increase in sales revenue due to higher sales volumes of photovoltaic cells and equipment, despite ongoing supply-demand imbalances in the industry[6] Investment and Innovation - The company plans to continue increasing investment in product research and development to drive innovation and maintain industry leadership[6] Asset Impairment - The company had previously made asset impairment provisions for 2GW PERC wafer and battery-related equipment, which negatively impacted last year's net profit[6] Forecast and Risks - The earnings forecast data is preliminary and has not been audited by a registered accountant, with no significant uncertainties affecting the accuracy of the forecast as of the announcement date[7] - Investors are advised to pay attention to investment risks as the forecast data is subject to change pending the official 2025 annual report[8]