Financial Projections - The estimated net profit attributable to shareholders for 2025 is projected to be between 8.6 million and 12.9 million yuan, representing a decline of 76.65% to 84.43% compared to the previous year's profit of 55.25 million yuan [3]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 8.14 million and 12.21 million yuan, reflecting a decrease of 76.85% to 84.57% from last year's figure of 52.74 million yuan [3]. Impairment and Expenses - The company plans to recognize impairment provisions for accounts receivable, inventory, and intangible assets, negatively impacting the current period's performance [5]. - The increase in the period expense ratio compared to the same period last year is attributed to intensified R&D investments for smart product business transformation and increased depreciation from fixed assets [5]. Revenue and Margin - The company's operating revenue remains flat compared to the previous year, with a slight decline in overall gross margin due to a decrease in the proportion of higher-margin export business [5].
贝仕达克(300822) - 2025 Q4 - 年度业绩预告