ZBOM(SH:603801)2026-01-21 08:10Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between 170 million and 220 million yuan, representing a decrease of 42.92% to 55.89% compared to the previous year[6]. - The projected net profit excluding non-recurring gains and losses for 2025 is estimated to be between 110 million and 150 million yuan, reflecting a decline of 55.82% to 67.60% year-on-year[6]. - The net profit for the same period last year was 385.42 million yuan, with a net profit excluding non-recurring gains and losses of 339.51 million yuan[7]. Factors Affecting Performance - The decline in performance is attributed to a reduction in new housing deliveries and structural adjustments in the company's bulk business, leading to a decrease in scale[10]. - Increased competition within the industry and a temporary decline in overall gross profit margin have further compressed the company's profit margins[10]. - Demand for home renovation in the existing housing market and overseas markets is gradually being released but is not sufficient to offset the decline in primary channels[10]. Forecast Accuracy and Risks - The company emphasizes that there are no significant uncertainties affecting the accuracy of this performance forecast[11]. - The performance forecast data is based on preliminary calculations by the company's finance department and has not been audited[12]. - Investors are advised to pay attention to investment risks as the final financial data will be disclosed in the official 2025 annual report[12]. - The earnings forecast period is from January 1, 2025, to December 31, 2025[5].