SCSF(SH:600779) Jing Ji Guan Cha Wang·2026-01-19 10:35Core Viewpoint - The company, Shui Jing Fang, forecasts a revenue of 3.038 billion yuan and a net profit attributable to shareholders of 392 million yuan for the year 2025, amidst a deep adjustment phase in the liquor industry influenced by macroeconomic cycles, industry adjustments, and policy changes [1] Group 1: Company Performance - The company expects to achieve an operating revenue of 3.038 billion yuan for 2025 [1] - The projected net profit attributable to shareholders is 392 million yuan [1] - The forecasted net profit after deducting non-recurring items is 381 million yuan [1] Group 2: Industry Context - The liquor industry is entering a deep adjustment phase in 2025 due to multiple factors including macroeconomic cycles, industry adjustments, and policy changes [1] - The company is implementing proactive measures focusing on channel health and market structure optimization [1] - Short-term sales scale and shipment volume are expected to contract, but improvements in channel inventory quality, price chain stability, and distribution structure are noted [1]