中际旭创(300308) - 2025 Q4 - 年度业绩预告

Financial Projections - The company expects a net profit of RMB 980 million to RMB 1,180 million for the year 2025, representing an increase of 89.50% to 128.17% compared to the previous year[2]. - The net profit after deducting non-recurring gains and losses is projected to be RMB 970 million to RMB 1,170 million, an increase of 91.38% to 130.84% year-over-year[2]. - The optical module business is expected to achieve a consolidated net profit of approximately RMB 1,080 million to RMB 1,310 million, reflecting a year-over-year increase of 90.81% to 131.44%[3]. - The company anticipates a consolidated net profit of about RMB 1,050 million to RMB 1,270 million, which is an increase of 95.47% to 136.42% compared to the previous year[3]. - The specific data for the 2025 annual performance will be detailed in the company's annual report[7]. Revenue and Profit Drivers - The increase in revenue and net profit is attributed to strong customer investment in computing infrastructure and a growing proportion of high-speed optical modules[5]. Profit Impact Factors - The net profit was negatively impacted by approximately RMB 22.3 million due to stock incentive plan expenses[6]. - Inventory impairment and credit loss provisions led to a reduction in net profit by approximately RMB 11.3 million[6]. - Exchange rate losses from the declining USD resulted in a decrease of approximately RMB 27 million in net profit[6]. - Investment income and fair value changes contributed an increase of approximately RMB 29.6 million to net profit, with about RMB 4.8 million classified as non-recurring gains[6].