SFX(SH:600370) Xin Lang Cai Jing·2026-01-19 08:57Core Viewpoint - The company Sanfangxiang (600370) expects to report a net loss attributable to shareholders of the parent company ranging from 760 million to 840 million yuan for 2025, compared to a loss of 487 million yuan in the same period last year [1] Group 1: Financial Performance - The anticipated net loss for 2025 is significantly higher than the previous year's loss, indicating a worsening financial situation for the company [1] - The company experienced a decline in gross profit due to lower sales prices of its main products and reduced capacity utilization [1] Group 2: Industry Context - The industry is facing an imbalance in supply and demand due to the continuous release of new production capacity, leading to intensified competition [1] - The processing fees remain at a low level, further contributing to the decline in the company's profitability [1] Group 3: External Factors - The company has incurred increased foreign exchange losses due to currency fluctuations, which have exacerbated the overall loss compared to the previous year [1]