Financial Performance - The company's net profit for 2025 is projected to be between -16.5 million and -19.5 million CNY, representing a decrease of 46.30% to 36.53% compared to the previous year's loss of 30.72 million CNY[4]. - The overall gross profit margin has improved due to product structure optimization and increased production efficiency, although the company has not yet achieved profitability[6]. - Fixed costs remain high due to incomplete capacity release in the automotive sector, contributing to the ongoing losses[6]. - Credit impairment losses have increased year-on-year due to a rise in accounts receivable as sales grow[6]. - Financial expenses have risen due to increased borrowing, leading to higher interest expenses[6]. - The performance forecast is based on preliminary calculations and has not been audited by an accounting firm, thus investors are advised to exercise caution[7]. Revenue Growth - Sales revenue is expected to increase compared to the previous year, driven by accelerated production in the automotive sector and a recovery in the 3C business, supported by favorable industry policies[5][6]. - The company has achieved mass production of server liquid cooling quick-connect components, which is expected to become a new revenue growth point[6].
荣亿精密(920223) - 2025 Q4 - 年度业绩预告