TYSJ(SH:688033) Ge Long Hui·2025-10-23 10:08Core Viewpoint - The company, Tianyi New Materials, expects a net profit attributable to shareholders to range from -420 million to -320 million yuan for the first three quarters of 2025, indicating a reduction in losses compared to the previous year [1] Financial Performance - The expected reduction in losses is estimated to be between 167 million to 267 million yuan, representing a year-on-year decrease in losses of 28.47% to 45.50% [1] - The company's operating revenue is anticipated to decline further compared to the same period last year due to the ongoing downturn in the photovoltaic new energy sector, which has not shown significant improvement [1] Cost Factors - The company's gross profit has decreased due to several factors, including persistently low product prices, high depreciation and amortization costs, and elevated financing costs [1] - The net profit remains in a loss state, but the reduction in losses compared to the previous year is primarily attributed to the absence of significant inventory impairment provisions in the current reporting period, unlike the previous year [1]