GZCBN(SH:600996) Xin Lang Cai Jing·2026-01-18 19:30Core Viewpoint - The company, Guizhou Broadcasting Television Information Network Co., Ltd., anticipates a significant net loss for the year 2025, with projected losses ranging from 1.35 billion to 1.07 billion yuan [2][4]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [3]. - The estimated net profit attributable to shareholders is expected to be between -1.35 billion yuan and -1.07 billion yuan [2][4]. - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -1.43 billion yuan and -1.15 billion yuan [2][5]. Group 2: Previous Year Performance - In the same period last year, the net profit attributable to shareholders was -1.08 billion yuan [6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -1.19 billion yuan [7]. - The earnings per share for the previous year were -0.89 yuan [8]. Group 3: Reasons for Expected Loss - The anticipated loss for 2025 is primarily due to intensified market competition and an overall industry downturn that has not fundamentally changed [9]. - The company has adopted stricter and more cautious requirements for project payment guarantees, leading to a significant reduction in projects related to information technology, data transmission, and broadcasting installation [9]. - High fixed costs, including asset depreciation and amortization, along with a large balance of accounts receivable, continue to contribute to credit impairment losses and high financial expenses [9].