天顺股份(002800) - 2025 Q4 - 年度业绩预告

Financial Performance - The company expects a net profit attributable to shareholders to be a loss between -35 million and -20 million CNY, compared to a profit of 8.9167 million CNY in the same period last year[3] - The net profit after deducting non-recurring gains and losses is also projected to be a loss between -35 million and -20 million CNY, down from a profit of 8.4638 million CNY year-on-year[3] - Basic earnings per share are expected to be a loss between -0.22 CNY and -0.16 CNY, compared to earnings of 0.06 CNY per share in the previous year[3] Revenue and Margin Decline - The decline in revenue and gross margin is attributed to a continuous market downturn and falling commodity prices[5] Financial Expenses and Impairments - Financial expenses have significantly increased due to a reduction in interest income, contributing to a substantial decline in net profit[5] - The company has seen a large increase in credit impairment losses, further impacting net profit negatively[6] Non-Operating Expenses - Legal cases have led to an increase in non-operating expenses, which has also contributed to the decline in net profit[6] Forecast and Reporting - The performance forecast is based on preliminary estimates by the finance department, with detailed financial data to be disclosed in the 2025 annual report[7]