Core Viewpoint - Binhai Energy (000695.SZ) forecasts a net loss attributable to shareholders of 69 million to 98 million yuan for the fiscal year 2025, primarily due to various operational challenges and financial burdens [1] Group 1: Financial Performance - The company expects a net loss of 69 million to 98 million yuan for 2025 [1] - The decline in gross margin is attributed to high fixed asset depreciation and labor costs, along with rising prices of upstream raw materials such as petroleum coke and calcined coke [1] Group 2: Operational Challenges - The overall capacity of the company's negative electrode materials remains small and has not yet reached full production [1] - The company has only recently entered the new energy negative electrode materials sector, leading to high financial costs due to reliance on debt for production line construction and working capital [1] Group 3: Project Development - The company's subsidiary in Baotou has not advanced its crystalline silicon photovoltaic business construction project, leading to a cautious approach in recognizing impairment provisions for related construction projects [1]
滨海能源(000695.SZ)发预亏,预计2025年度归母净亏损6900万元至9800万元