TOREAD(SZ:300005) Sou Hu Cai Jing·2025-08-08 10:17Core Viewpoint - The company,探路者, anticipates a net profit of 12 million to 16 million yuan after deducting non-recurring items for the first half of 2025, indicating a decline in performance compared to previous periods [1] Group 1: Performance Forecast - The company expects a net profit of 12 million to 16 million yuan for the first half of 2025 after deducting non-recurring items [1] Group 2: Reasons for Performance Decline - The decline in performance is attributed to several factors: - The outdoor business faced challenges due to market conditions and the pace of new product iterations, leading to lower-than-expected product sales and increased inventory impairment provisions, which negatively impacted profitability [2] - Although the chip business is developing positively, fluctuations in exchange rates have caused significant changes in foreign exchange gains and losses, further dragging down overall performance [2] Group 3: Financial Highlights - In the first quarter of 2025, the company reported: - Main revenue of 356 million yuan, a year-on-year decrease of 7.04% [2] - Net profit attributable to shareholders of 49.32 million yuan, a year-on-year decrease of 30.7% [2] - Deducted non-recurring net profit of 48.31 million yuan, a year-on-year decrease of 27.78% [2] - Debt ratio of 24.84% [2] - Investment income of -360,800 yuan [2] - Financial expenses of -990,300 yuan [2] - Gross profit margin of 48.81% [2]