JAC(SH:600418) Ju Chao Zi Xun·2026-01-17 03:19Core Viewpoint - Jianghuai Automobile announced a projected net loss for 2025, indicating a challenging financial outlook due to external market pressures and losses from joint ventures [3][4]. Financial Performance Summary - The company expects a net profit attributable to shareholders of approximately -1.68 billion yuan for 2025, which represents a reduction in loss of about 104.16 million yuan compared to the previous year [3]. - The projected net profit, excluding non-recurring gains and losses, is expected to be around -2.47 billion yuan [3]. - In 2024, Jianghuai Automobile reported a total profit of -1.87 billion yuan, with a net profit attributable to shareholders of -1.78 billion yuan and a net profit of -2.74 billion yuan after excluding non-recurring items, resulting in an earnings per share of -0.82 yuan [3]. Reasons for Projected Loss - The anticipated loss for 2025 is primarily attributed to two factors: increasing complexity in international conditions and intensified competition in overseas automotive markets, leading to a decline in export business [4]. - Additionally, the company is facing losses from its joint venture with Volkswagen Anhui, which is expected to result in an investment income recognition of approximately -1.08 billion yuan for the reporting period [4].