Champion Asia(SH:603386)2026-01-25 07:45Financial Performance - The company expects a net profit attributable to shareholders for 2025 to be between -10 million and 0 million RMB, indicating a reduction in losses compared to the previous year [4]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -30 million and -20 million RMB for 2025 [4]. - In the previous year, the total profit was -171.66 million RMB, with a net profit attributable to shareholders of -154.13 million RMB [5]. - The company’s earnings per share is projected to be -0.47 RMB [7]. Market and Operational Developments - The company has increased its market expansion efforts and optimized its sales structure, resulting in a year-on-year increase in operating revenue [8]. - The gross profit margin has slightly improved compared to the same period last year, despite rising raw material costs [8]. Impairment and Financial Provisions - The company recorded an impairment provision for goodwill of 123.34 million RMB related to the acquisition of Changsha Mutailai, but no further impairment is expected at this time [8]. Forecast Accuracy and Risks - There are no significant uncertainties that could affect the accuracy of this earnings forecast [9]. - The financial data provided is preliminary and subject to final audit in the 2025 annual report [10]. - Investors are advised to pay attention to investment risks based on the preliminary nature of the forecast [10].