Financial Performance Expectations - The company expects a net loss of between 510 million and 820 million yuan for the fiscal year 2025, marking the first accounting year after the implementation of financial delisting risk warning[2]. - Total revenue is projected to be between 1.4 billion and 1.8 billion yuan, a decrease from 3.417 billion yuan in the previous year[3]. - The net profit attributable to shareholders is expected to decline by 982.72% to 1548.56% compared to the previous year, with a projected loss of 370 million to 630 million yuan[3]. - The company’s equity attributable to shareholders is projected to be between 215 million and 295 million yuan, a recovery from a negative equity of 442.75 million yuan at the end of the previous year[3]. Asset Management - The company has completed a significant asset sale, divesting 100% of its stake in Beijing Jiahua Zhencheng Technology Co., Ltd., which will impact future financial results[4]. Market Conditions - The company has faced rising raw material prices for its cod fish business, leading to increased sales pressure despite higher sales prices compared to industry averages[6]. Audit and Compliance - The company’s financial data for the performance forecast has not been audited by a registered accounting firm[5]. - The company has communicated with its auditing firm regarding the performance forecast, and there are no discrepancies between the two parties[5]. Delisting Risk - The company’s stock has been under "delisting risk warning" since March 14, 2025, and will face termination of listing risks if certain conditions are met[8]. - The specific data for the 2025 annual performance will be disclosed in the annual report scheduled for March 16, 2026[8].
佳沃食品(300268) - 2025 Q4 - 年度业绩预告