Sichuan Tianyi (SZ:300504)2026-01-23 10:38Financial Performance Expectations - The company expects a net profit in the range of -109 million to -92 million CNY for the year 2025, representing a decline of approximately 312.48% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses is projected to be between -118 million and -102 million CNY, reflecting a decrease of about 323.71% year-over-year[3] Factors Affecting Performance - The decline in performance is attributed to intense competition in the broadband network terminal equipment market, leading to reduced sales volume and low gross margins[5] - The company anticipates recognizing asset impairment losses of approximately 36 million to 41 million CNY, which is expected to reduce the total profit for 2025 by the same amount[6] - Non-recurring gains and losses are estimated to impact net profit by around 13 million CNY[6] Financial Reporting and Auditing - The financial data provided in the earnings forecast has not been audited by an accounting firm, and the final figures will be disclosed in the 2025 annual report[7]