HES(SZ:002963) Zhong Guo Jing Ji Wang·2025-07-11 08:12Core Viewpoint - The company, Haosai, is expected to report significant losses in the first half of 2025, with net profit attributable to shareholders projected to decline by 495.35% to 600.95% compared to the same period last year [1][2]. Financial Performance Summary - The estimated net profit attributable to shareholders for the first half of 2025 is a loss of between 30.39 million yuan and 38.51 million yuan, compared to a profit of 7.69 million yuan in the same period last year [1][2]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of between 26.90 million yuan and 35.02 million yuan, down 213.57% to 247.83% from a profit of 23.69 million yuan in the previous year [1][2]. - Basic earnings per share are projected to be a loss of 0.20 yuan to 0.26 yuan, compared to a profit of 0.05 yuan per share last year [2]. Revenue and Cash Flow - In 2024, the company reported operating revenue of 459 million yuan, a year-on-year decline of 14.71% [2]. - The net profit attributable to shareholders for 2024 was a loss of 179 million yuan, compared to a profit of 17.81 million yuan in the previous year [2]. - The net cash flow from operating activities was -99.30 million yuan, down from 139 million yuan in the same period last year [2]. Company Background - Haosai was listed on the Shenzhen Stock Exchange on October 28, 2019, with an initial public offering of 37.59 million shares at a price of 23.66 yuan per share [3]. - The stock reached a peak price of 45.35 yuan just four trading days after its listing but has since been in a downward trend and is currently in a state of loss [3]. - The total funds raised during the IPO amounted to 889 million yuan, with a net amount of 801 million yuan after deducting issuance costs [3].