Sunxing(SH:603978) Sou Hu Cai Jing·2025-07-21 08:08Core Viewpoint - Shenzhen Xinxing Company expects a net loss attributable to shareholders of the parent company for the first half of 2025 to be between -23.5 million and -15.7 million yuan, indicating a reduction in losses compared to the previous year [2] Financial Performance - The expected net profit attributable to shareholders of the parent company for the same period last year was -57.34 million yuan, with a total profit of -55.01 million yuan [2] - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -29.5 million and -19.7 million yuan [2] - The basic earnings per share for the previous year was -0.36 yuan [2] Reasons for Performance - The primary reasons for the expected loss include: 1. Significant fluctuations in aluminum ingot prices due to the tariff trade war, leading to increased production costs and a decrease in overall gross profit margin by approximately 10 million yuan [3] 2. Increased sales revenue from aluminum foil raw materials, resulting in higher accounts receivable and an expected credit impairment loss increase of about 5 million yuan compared to the first quarter [3] 3. The cold rolling production line for aluminum foil raw materials was in the debugging phase, causing lower than expected yield rates and a decline in gross profit margin, although the production line has since stabilized [3] Company Background - Shenzhen Xinxing Company, established on July 23, 1992, is located in the High-tech Industrial Park in Bao'an District, Shenzhen, and was listed on August 7, 2017 [5] - The company specializes in the research, production, and sales of aluminum grain refiners [5] - In 2024, the company reported an operating income of 2.563 billion yuan, a year-on-year increase of 62.32%, while the net profit attributable to the parent company was -291 million yuan, a year-on-year decrease of 105.88% [5]