Financial Projections - The company expects a total profit of between 29 million and 43 million yuan for the year 2025, an increase of 63.73 million to 77.73 million yuan compared to the previous year, achieving a turnaround from loss to profit [2]. - The projected operating revenue for 2025 is between 130 million and 160 million yuan, representing an increase of 52.24 million to 82.24 million yuan year-on-year, with a growth rate of 67.19% to 105.77% [5]. - The net profit attributable to the parent company is expected to be between 28 million and 42 million yuan, an increase of 57.15 million to 71.15 million yuan compared to the previous year, also achieving a turnaround from loss to profit [5]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to be between 19 million and 27 million yuan, an increase of 53.83 million to 61.83 million yuan year-on-year, indicating a turnaround from loss to profit [6]. - The estimated net assets at the end of 2025 are expected to be between 845 million and 859 million yuan [7]. Business Performance - The increase in orders is attributed to the demand for the company's main product, the fire suppression and explosion suppression system, influenced by the annual tasks of complete vehicles [12]. - The company has strengthened the collection of receivables, leading to a reversal of credit impairment losses, which positively impacts the current period's profit [14]. Risk Factors - The company’s stock is under risk warning due to the negative net profit for the previous year, which may lead to potential delisting if the 2025 annual report does not meet certain criteria [16].
天微电子(688511) - 2025 Q4 - 年度业绩预告(更正)