华控赛格(000068) - 2025 Q4 - 年度业绩预告

Financial Performance Expectations - The company expects a net loss of between 97 million and 120 million yuan for the year 2025, a decrease of 669.43% to 804.44% compared to a profit of 17.03 million yuan in the same period last year [2]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of between 47 million and 70 million yuan, an increase of 28.12% to 51.74% compared to a loss of 97.38 million yuan last year [2]. - Basic earnings per share are expected to be a loss of between 0.0964 yuan and 0.1192 yuan, compared to a profit of 0.0169 yuan per share in the previous year [2]. Factors Affecting Profitability - The decrease in profit is primarily due to a 50 million yuan provision for potential losses related to a dispute over a lithium-ion battery project in Qitaihe City, Heilongjiang Province [4]. - In 2024, the company recognized a profit of 116 million yuan from the evaluation of a 20.25% stake in Tongfang Environment, which will not recur in 2025 [4]. - The company has improved profitability through the acquisition of quality assets from its subsidiary Yunshuzhi and optimized its debt structure to reduce financial expenses [5]. - The company has implemented cost control measures, resulting in a decrease in period expenses compared to the previous year [5]. Earnings Forecast and Investor Advisory - The earnings forecast has not been audited by an accounting firm, and the final financial data will be disclosed in the 2025 annual report [3]. - Investors are advised to exercise caution and be aware of investment risks as the earnings forecast is a preliminary estimate [6].