万里股份(600847) - 2025 Q4 - 年度业绩预告

Financial Performance - The company expects a net profit attributable to shareholders of approximately -45 million yuan for 2025 [3]. - The estimated net profit attributable to shareholders, excluding non-recurring gains and losses, is around -44.5 million yuan for 2025 [5]. - In the same period last year, the net profit attributable to shareholders was -39.41 million yuan, and the net profit excluding non-recurring gains and losses was -38.77 million yuan [7]. - The earnings per share for the previous year was -0.26 yuan [8]. Revenue and Market Conditions - The decline in revenue is attributed to intensified market competition, although management has taken measures to control operating costs, resulting in a smaller loss in the lead-acid battery business compared to last year [9]. Research and Development - Investment in R&D for battery-centric new energy business has increased significantly year-on-year, aimed at enhancing long-term competitiveness and driving business transformation, but this has raised operating costs in the short term [9]. Financial Reporting and Risks - The financial data provided is preliminary and has not been audited by registered accountants [6]. - The company has not identified any significant uncertainties that could affect the accuracy of this earnings forecast [10]. - Investors are advised to pay attention to investment risks as the forecast data is subject to change pending the audited annual report for 2025 [11]. - The announcement was made by the Board of Directors on January 19, 2026 [13].