金新农(002548) - 2025 Q4 - 年度业绩预告

Financial Performance - The company expects a net loss attributable to shareholders of between 25 million and 30 million yuan for the fiscal year 2025, compared to a profit of 3.016 million yuan in the same period last year [3]. - The projected net loss after deducting non-recurring gains and losses is estimated to be between 28 million and 33 million yuan, compared to a loss of 458,000 yuan in the previous year [3]. - The basic earnings per share is expected to be a loss of between 0.31 yuan and 0.37 yuan, down from a profit of 0.04 yuan per share last year [3]. Sales and Pricing - The number of pigs sold during the reporting period was 1.4751 million, an increase of 22.82% year-on-year, with 545,400 pigs sold in the fourth quarter, accounting for 36.98% of the total annual sales [5]. - The average selling price of commercial pigs for the year was 13.66 yuan per kilogram, a decrease of 17.61% compared to the previous year [5]. Business Challenges - Despite a continuous reduction in breeding costs, the significant drop in pig prices has led to an expanded loss in the company's breeding business [5]. - The company warns that significant fluctuations in pig market prices could have a major impact on its operating performance [6]. - The occurrence of animal diseases poses a major risk to the livestock industry, potentially leading to increased costs and lower production performance [7]. Earnings Forecast - The company has communicated with its accounting firm regarding the earnings forecast, and there are no major discrepancies noted [4]. - The earnings forecast is based on preliminary estimates by the company's finance department, with final figures to be disclosed in the 2025 annual report [8].