Financial Performance - The company expects a net profit loss of between 850 million and 1.15 billion CNY for the fiscal year 2025, compared to a profit of 769.37 million CNY in the same period last year [3]. - The net profit after deducting non-recurring gains and losses is projected to be between 105 million and 155 million CNY, representing a decline of 82.59% to 88.21% compared to the previous year [3]. - The basic earnings per share are expected to be a loss of 0.14 to 0.19 CNY per share, down from a profit of 0.12 CNY per share last year [3]. Investment Properties - The fair value of the company's investment properties is estimated to decrease by approximately 1 to 1.6 billion CNY due to market conditions, which will be recorded as non-recurring losses [6]. Business Strategy - The company plans to focus on enhancing its core home furnishing business and aims for steady growth in revenue and profit in 2026 [6]. - The company will leverage AI design and smart home solutions to transform from a "home furnishing operator" to a "full industry digital service provider" [6]. - The company is actively expanding into new consumer scenarios, including children's, pet, and senior home markets, to enrich high-quality living experiences [6]. - The company is making progress in its globalization strategy, with the opening of a store in Kuala Lumpur, Malaysia, to enhance brand influence and resource integration [6]. Earnings Forecast - The financial data in the earnings forecast is preliminary and has not been audited by the accounting firm, with final figures to be confirmed in the 2025 annual report [7]. - Investors are advised to exercise caution and be aware of investment risks related to the preliminary nature of the earnings forecast [7].
居然智家(000785) - 2025 Q4 - 年度业绩预告