Financial Performance - The company expects a net loss of between 100 million and 150 million yuan for the fiscal year 2025, an improvement of 56.14% compared to a loss of 228.01 million yuan in the previous year[2]. - The net loss after deducting non-recurring gains and losses is projected to be between 180 million and 230 million yuan, a decrease of 24.70% from a loss of 239.06 million yuan last year[2]. - Basic earnings per share are expected to be a loss of 0.48 to 0.73 yuan per share, compared to a loss of 1.10 yuan per share in the previous year[2]. Revenue and Business Operations - The decline in main business revenue is attributed to procurement restrictions affecting military products, leading to a significant drop in related business income[5]. - Emerging business sectors, particularly the unmanned vessel business, are showing positive growth and becoming a significant part of the company's main operations[5]. - Investment income is expected to show substantial growth, effectively offsetting some operational losses[5]. Impairment and Provisions - An increase in credit impairment losses is anticipated, with provisions for bad debts estimated between 65 million and 75 million yuan due to delayed project payments[5]. - The company plans to recognize inventory impairment losses of 15 million to 25 million yuan and goodwill impairment losses of 30 million to 50 million yuan[5]. Management and Controls - The company has implemented enhanced internal controls and cost management, resulting in a significant reduction in management expenses and improved operational efficiency[6]. Financial Reporting - The financial data presented is preliminary and has not been audited, with final figures to be confirmed in the 2025 annual report[7].
星网宇达(002829) - 2025 Q4 - 年度业绩预告