Core Viewpoint - The company, Mingxin Xuteng New Materials Co., Ltd., is forecasting a significant net loss for the year 2025, with expected losses ranging from 90 million to 130 million yuan, indicating ongoing financial challenges due to various industry pressures and internal factors [2][3][4]. Financial Performance Forecast - The company anticipates a net profit attributable to shareholders of the parent company for 2025 to be between -130 million yuan and -90 million yuan [2][3]. - The net profit after deducting non-recurring gains and losses is expected to be between -155 million yuan and -115 million yuan [4]. Previous Year Comparison - In the previous year, the company reported a total profit of -206.03 million yuan, with a net profit attributable to shareholders of the parent company at -172.15 million yuan [6]. - The net profit after deducting non-recurring gains and losses was -194.51 million yuan, with a loss per share of -1.06 yuan [7][6]. Reasons for Expected Loss - The company cites intensified price competition in the automotive industry, increased depreciation from completed construction projects, and rising costs associated with expanding operations in Mexico and new domestic business initiatives as primary factors contributing to the anticipated losses [8]. - The company plans to focus on optimizing customer and product structures, improving internal management efficiency, and implementing cost-reduction measures to enhance profitability [8]. Asset Impairment Preparation - The company intends to recognize an asset impairment provision ranging from 50.2 million to 61.5 million yuan for the year 2025, which is expected to reduce total profit by the same amount [13]. - The impairment testing is ongoing, and the final impact on the company's financials will be disclosed in the audited annual report for 2025 [14][15].
明新旭腾新材料股份有限公司 2025年年度业绩预告