TJRD(SH:600322) Ge Long Hui A P P·2026-01-19 10:28Core Viewpoint - The company, Jintou Chengkai (600322.SH), has announced a significant expected net loss for the fiscal year 2025, primarily due to industry cyclical downturns and decreased market demand [1] Financial Performance - The projected net profit attributable to shareholders is expected to be between -1.36 billion to -1.54 billion yuan, with a net profit excluding non-recurring gains and losses estimated between -1.34 billion to -1.52 billion yuan [1] - In the same period last year, the company reported a net profit of -210 million yuan, indicating a substantial decline in profitability [1] Operational Challenges - The anticipated losses are attributed to several factors, including reduced sales revenue due to a downturn in the industry cycle and a decline in market demand [1] - The company has a limited number of completed housing projects and ongoing projects that are not yet finished, which further impacts revenue generation [1] - High financing scale has led to significant financial expenses, contributing to the overall losses [1] - The company has also made provisions for inventory impairment on certain projects, adding to the financial strain [1]