MYSE(SH:601615) Zheng Quan Zhi Xing·2025-08-27 10:29Summary of Key Points Core Viewpoint - The company has reported a total asset impairment loss of 69.1872 million yuan for the first half of 2025, reflecting a cautious approach to accurately represent its financial and operational status as of June 30, 2025 [1][3]. Group 1: Asset Impairment Overview - The total asset impairment loss includes credit impairment losses of 65.8387 million yuan, primarily from accounts receivable and other receivables [1][2]. - Specific losses include 59.8449 million yuan from accounts receivable, 10.9181 million yuan from other receivables, and 420.67 thousand yuan from other current assets [1][2]. - The company also recorded an asset impairment loss of 3.3485 million yuan, with inventory write-down losses amounting to 2.9729 million yuan [1][3]. Group 2: Basis and Composition of Impairment - The company assesses expected credit losses based on historical data, current conditions, and future economic forecasts, applying this to various receivables [2]. - For accounts receivable, the aging is calculated from the date of recognition, and expected credit losses are determined using a combination of historical loss experience and future risk assessments [2]. - The impairment for inventory is determined by comparing the cost to the net realizable value, with write-downs applied when the net realizable value is lower than the cost [3]. Group 3: Impact on Financials - The impairment losses have resulted in a reduction of the company's total profit for the first half of 2025 by 69.1872 million yuan [3]. - The impairment preparation aligns with the relevant accounting standards and company policies, adhering to the principle of prudence [3].