XINSAI CO.,LTD(SH:600540)2026-01-19 10:15Financial Performance - The company expects a net profit attributable to shareholders of approximately -148 million yuan for the year 2025, a decrease in loss of 95.99 million yuan compared to the previous year [3]. - After deducting non-recurring gains and losses, the expected net profit attributable to shareholders is approximately -105 million yuan, a decrease in loss of 194.88 million yuan compared to the previous year [3]. - The previous year's net profit attributable to shareholders was -243.99 million yuan, and the net profit after deducting non-recurring gains and losses was -299.88 million yuan [5]. - The basic earnings per share for the previous year was -0.42 yuan [5]. Market Conditions - The decline in profit is primarily due to weak downstream demand in the cotton textile market and cautious raw cotton procurement by textile enterprises influenced by the US tariff war [6]. - Increased business volume of cotton has led to a significant rise in both beginning and ending inventory compared to the previous year, resulting in higher loan balances and financial expenses [6]. - The company has experienced increased warehousing costs due to larger cotton inventory, impacting current profits [6]. Forecast Accuracy - The company confirms that there are no significant uncertainties affecting the accuracy of this earnings forecast [7]. - The data provided is preliminary and subject to final audited financial results in the 2025 annual report [8].