Zhejiang Huada New Materials (SH:605158)2026-01-21 09:55Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2025 to be between CNY 55 million and CNY 75 million, a decrease of CNY 154.41 million to CNY 174.41 million compared to the previous year, representing a decline of 67.31% to 76.03%[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between CNY 43 million and CNY 63 million, a decrease of CNY 140.08 million to CNY 160.08 million compared to the previous year, representing a decline of 68.98% to 78.83%[4]. - The net profit for the previous year was CNY 229.41 million, and the net profit after deducting non-recurring gains and losses was CNY 203.08 million[6]. - The earnings per share for the previous year was CNY 0.45[7]. Reasons for Profit Reduction - The main reasons for the profit reduction include continued low market prices due to macroeconomic factors and high inventory costs, leading to a decline in gross margin and operating profit[8]. - Interest income decreased year-on-year, resulting in increased financial expenses, compounded by the impact of RMB appreciation on exchange rates, which directly compressed operating profit[8]. Audit and Forecast Accuracy - The company has communicated with the auditing firm regarding the performance forecast, and there are no discrepancies between the company and the auditors[5]. - The performance forecast has not been audited by a registered accountant, and the figures are preliminary estimates by the company's finance department[10]. - There are no significant uncertainties affecting the accuracy of this performance forecast[9]. Investment Risks - Investors are advised to pay attention to investment risks as the final financial data will be disclosed in the official 2025 annual report[10].