Huawen(SZ:000793)2026-01-30 08:45Financial Projections - The estimated net profit for 2025 is projected to be between -200 million and -160 million CNY, compared to -140 million CNY in the same period last year[4]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between -210 million and -150 million CNY, compared to -512 million CNY in the same period last year[4]. - Estimated operating revenue for 2025 is projected to be between 340 million and 380 million CNY, compared to 335.7 million CNY in the same period last year[4]. - The estimated basic earnings per share is projected to be -0.1001 CNY, compared to -0.0701 CNY in the same period last year[4]. Loss Factors - The main reasons for the loss include industry adjustments and liquidity issues, impacting net profit by approximately -200 million to -160 million CNY due to provisions for receivables and interest expenses[6]. - The fair value decline of financial assets and penalties from debt defaults is expected to impact net profit by approximately -70 million to -40 million CNY, classified as non-recurring losses[6]. Non-Recurring Gains - Gains from the disposal of long-term equity investments and recovery of bad debts are expected to positively impact net profit by approximately 60 million to 70 million CNY, classified as non-recurring gains[6]. Financial Reporting - The financial data is preliminary and will be finalized after assessment and audit, with detailed disclosures in the 2025 annual report[7]. - The company has communicated with its accounting firm regarding the earnings forecast, with no significant discrepancies noted[5]. - Investors are advised to exercise caution and consider investment risks based on the preliminary nature of the earnings forecast[7].