凯美特气：2025年全年净利润同比扭亏

Core Viewpoint - The company expects to turn a profit in 2025, with projected net profit attributable to shareholders ranging from 65 million to 80 million yuan, marking a year-on-year turnaround [1] Group 1: Financial Performance - The company anticipates a net profit excluding non-recurring gains and losses for 2025 to be between 53.5 million and 62.5 million yuan, indicating a year-on-year increase [1] - Revenue is steadily growing as the company consolidates its existing customer base while expanding market reach and optimizing customer structure, leading to an increase in sales volume of main products [1] Group 2: Cost Management - The company has significantly reduced share-based payment expenses, as it terminated the 2022 restricted stock incentive plan in 2024, which previously incurred a one-time expense of 87.4 million yuan, with 78.4 million yuan included in non-recurring gains and losses [1] - There were no such expenses recorded in the current reporting period [1] Group 3: Market Conditions - The company’s specialty gas products, particularly xenon and its mixtures, experienced a temporary price adjustment due to industry cyclical fluctuations [1] - The company has adequately provided for impairment based on the net realizable value of inventory in 2024, resulting in a decrease in asset impairment losses year-on-year [1]