徐家汇(002561) - 2025 Q4 - 年度业绩预告

Financial Projections - The estimated net profit for 2025 is projected to be between -24 million to -12 million CNY, compared to a profit of 4.225 million CNY in the same period last year[3] - The estimated net profit after deducting non-recurring gains and losses is projected to be between -24 million to -12 million CNY, compared to 1.6319 million CNY in the same period last year[3] - The basic earnings per share are estimated to be between -0.0577 CNY to -0.0289 CNY, compared to 0.0102 CNY in the previous year[5] - The performance forecast has not been audited by the accounting firm, but there are no significant discrepancies between the company and the firm regarding the forecast[4] - The financial data provided is preliminary and the final figures will be disclosed in the 2025 annual report[7] Project Challenges - The main reason for the negative net profit is the ongoing Shanghai Liubai urban renewal project, which requires adjustments based on regional planning requirements[5] - The company plans to dispose of costs related to the project that are not aligned with the new plan, with specific impacts to be confirmed after the annual audit[5] Market Performance - Despite efforts to boost sales through themed marketing activities and brand upgrades, the performance of existing stores did not meet expectations due to a complex external environment and intensified market competition[6]