Financial Performance Forecast - The company expects a net loss attributable to shareholders of approximately 18,000 million yuan for the year 2025, a decrease of 134.52% compared to the previous year's profit of 52,137.21 million yuan [3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 20,000 million yuan, down 141.65% from the previous year's profit of 48,017.73 million yuan [3]. - Basic earnings per share are expected to be in the range of -0.1890 to -0.2205 yuan, compared to a profit of 0.5475 yuan per share in the previous year [3]. Asset Impairment - A significant impairment of fixed assets amounting to approximately 15,308.82 million yuan has been recognized, which will reduce the net profit attributable to shareholders by about 11,481.62 million yuan [5]. Market Conditions - The decline in performance is primarily attributed to a substantial decrease in product prices within the industry [5]. Audit and Investor Advisory - The financial data presented in the earnings forecast has not been audited by the accounting firm, but there are no significant discrepancies between the company and the auditors regarding the earnings forecast [4]. - The company advises investors to make cautious decisions and be aware of investment risks, as the earnings forecast is based on preliminary calculations [6].
华昌化工(002274) - 2026 Q4 - 年度业绩预告