金证股份(600446) - 2025 Q4 - 年度业绩预告

Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -143.72 million and -101.21 million yuan[3]. - The expected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -178.87 million and -136.37 million yuan[3]. - The net profit for the same period last year was -202.42 million yuan, and the net profit excluding non-recurring gains and losses was -246.15 million yuan[5]. Non-Recurring Gains and Losses - The company anticipates recognizing non-recurring gains and losses of 35.16 million yuan, a decrease of approximately 20% compared to the previous year[7]. - The expected performance data has not been audited by a registered accountant and is based on the company's preliminary calculations[8]. Asset Impairment and Business Focus - The primary reason for the loss is increased uncertainty in cash recovery from the digital economy sector, leading to asset impairment losses[7]. - The asset impairment testing is still ongoing, and the estimated impact is based on preliminary calculations[8]. - The company has focused on its core financial technology business, reducing the scale of IT equipment distribution and banking business, which helped lower period expenses while maintaining gross profit levels[7]. Investment Risks - Investors are advised to pay attention to investment risks due to the preliminary nature of the forecast data[9]. - The final and accurate financial data will be disclosed in the company's official 2025 annual report[9].