供销大集(000564) - 2025 Q4 - 年度业绩预告

Financial Performance - The company expects a net loss of 1.9 billion yuan for the fiscal year 2025, compared to a net loss of 1.32 billion yuan in the same period last year [3]. - The projected revenue for 2025 is between 1.65 billion yuan and 1.95 billion yuan, an increase from 1.42 billion yuan in the previous year [3]. - The basic earnings per share are expected to be a loss of 0.1052 yuan, compared to a loss of 0.0694 yuan in the prior year [3]. Acquisition and Financial Reporting - The company completed the acquisition of 51% of Beijing New Cooperation Commercial Development Co., which will impact financial reporting due to retrospective adjustments [3]. - The performance forecast data is preliminary and has not been audited by an accounting firm; final figures will be disclosed in the audited financial report [6]. Market Conditions and Losses - The decline in the commercial real estate market has led to a significant drop in the fair value of investment properties, contributing to increased losses compared to the previous year [5]. - Non-recurring losses primarily stem from changes in the fair value of investment properties, government subsidies, and gains from debt restructuring [5]. Operational Efficiency and Strategy - The company has optimized its operating expenses, resulting in a year-on-year decrease in period costs despite the overall loss [5]. - The company emphasizes the importance of innovation and operational upgrades across its three main business segments: commercial operations, trade logistics, and commodity trading [5]. Investment Caution - Investors are advised to pay attention to official announcements and exercise caution regarding investment risks [6].