海天股份(603759) - 2025 Q4 - 年度业绩预告

Financial Projections - The company expects a net profit for 2025 to be between 189 million to 226 million CNY, representing a decrease of 31.57% to 42.77% compared to the previous year[3][5] - The net profit attributable to the parent company is projected to be between 166 million to 203 million CNY, a decline of 33.40% to 45.54% year-on-year[5] - The net profit attributable to the parent company after deducting non-recurring gains and losses is estimated to be between 140 million to 177 million CNY, reflecting a decrease of 34.89% to 48.50% compared to the previous year[5][6] - The total profit for the previous year was 378 million CNY, with a net profit attributable to the parent company of 304 million CNY[8] Strategic Acquisitions - The company completed acquisitions of the photovoltaic silver paste division of Heraeus and the Dazhou waste incineration power generation project, marking a strategic shift towards "environmental protection + new energy materials"[10] - Increased financial expenses and intermediary fees related to the new acquisitions contributed to the decline in net profit[10] Profitability Enhancement - The company aims to enhance profitability and sustainable development through various measures, including accelerating the collection of receivables and optimizing the integration of acquired assets[10]