Zhi Tong Cai Jing·2026-01-15 01:48Core Viewpoint - Jinyu Group (601992) reported significant expected losses for 2024 and 2025, leading to a decline in stock price by over 4% [1] Financial Performance - The company anticipates a net loss attributable to shareholders of 0.9 to 1.2 billion yuan for 2025, and a net loss excluding non-recurring items of 3.45 to 3.75 billion yuan [1] - For 2024, the expected net loss attributable to shareholders is approximately 0.555 billion yuan, with a net loss excluding non-recurring items around 2.859 billion yuan [1] Business Segments - The building materials and real estate sectors are currently experiencing an industry downturn, impacting overall performance [1] - The cement business has managed to turn a profit year-on-year through strategic optimization and cost reduction efforts [1] - The real estate segment is facing challenges due to weakened market demand and pressure on sales prices, adversely affecting operating profits [1]