COSMOS(SZ:300856) Zhi Tong Cai Jing·2026-01-21 09:42Core Viewpoint - The company, KOS (300856.SZ), forecasts a significant decline in net profit for the fiscal year 2025, projecting a net profit attributable to shareholders between 90 million to 120 million yuan, representing a year-on-year decrease of 78.67% to 84.00% [1] Financial Performance - The expected net profit after deducting non-recurring gains and losses is projected to be between 85 million to 115 million yuan, indicating a year-on-year decline of 78.31% to 83.97% [1] Market Conditions - The decline in profit is attributed to a slowdown in demand for sunscreen products and the downstream customers' efforts to digest previous inventory, leading to a decrease in the shipment volume of sunscreen agents compared to the same period last year [1] - Additionally, the market price of sunscreen products has decreased compared to the previous year due to customer inventory reduction and increased market competition, further impacting the net profit attributable to shareholders [1]