SID(SH:600748)2026-01-19 07:50Financial Performance Expectations - The company expects a net profit attributable to shareholders of approximately -670 million RMB for the year 2025, indicating continued losses compared to the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is estimated to be around -717 million RMB for 2025[4]. - In the previous year (2024), the audited net profit attributable to shareholders was -291.29 million RMB, with a total profit of -158.67 million RMB[6]. - The basic earnings per share for the previous year was -0.16 RMB per share[6]. Industry and Market Conditions - The primary reason for the expected losses in 2025 is the ongoing stabilization phase of the real estate industry, with significant impairment signs on some project inventories[7]. - The revenue and profit from real estate sales recognized in 2025 are expected to be relatively low[7]. Forecast and Audit Considerations - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by registered accountants[5]. - The forecast data is preliminary and the accurate financial data will be disclosed in the formal 2025 annual report[8]. - There is an ongoing legal case that may impact the financial data, but the company will communicate with its annual audit accountants regarding any potential effects[7]. - Investors are advised to pay attention to investment risks associated with the preliminary nature of the forecast[8].