SCMC(SH:600984)2026-02-27 09:30Financial Performance - Total revenue for 2025 was CNY 253,580.41 million, a decrease of 7% compared to the previous year[3] - Total profit for the year was CNY -207,789.32 million, down 80.63% year-over-year[5] - Net profit attributable to shareholders was CNY -210,720.75 million, a decline of 113.19% compared to the previous year[5] - Basic earnings per share decreased to CNY -1.6763, down 113.19% from the previous year[3] Assets and Equity - Total assets at the end of the reporting period were CNY 1,439,670.08 million, a decrease of 15.21% from the beginning of the year[5] - Shareholders' equity attributable to the parent company was CNY 316,191.97 million, down 26.08% from the beginning of the year[5] Market Conditions - The decline in performance was primarily due to weak market demand and low utilization rates for tower crane rental equipment[5] - The overall market conditions for new construction projects remain weak, impacting revenue and profitability[5] Impairment and Caution - Significant impairment losses were recognized in the construction machinery rental business and related assets[5] - The company warns that the financial data presented is preliminary and unaudited, urging investors to be cautious[6]