慧辰股份扣非连亏6年 2020年上市即巅峰中信证券保荐

Core Viewpoint - The company Huichen Co., Ltd. (688500.SH) has announced its preliminary performance forecast for the year 2025, indicating a reduction in losses compared to the previous year, with expected net losses narrowing significantly. Financial Performance Summary - The projected net profit attributable to the parent company for 2025 is expected to be between -46 million yuan and -32 million yuan, representing a decrease in losses of 7.3972 million yuan to 21.3972 million yuan compared to the previous year, with a year-on-year loss reduction of 13.85% to 40.07% [1] - The expected net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be between -63 million yuan and -45 million yuan, indicating a decrease in losses of 43.0616 million yuan to 61.0616 million yuan compared to the previous year, with a year-on-year loss reduction of 40.60% to 57.57% [1] - In the years 2020 to 2023, the net profits attributable to the parent company were 16.489 million yuan, -29.299 million yuan, -86.6697 million yuan, and -170 million yuan respectively [2] - The net profit attributable to the parent company after deducting non-recurring gains and losses for the same years were -114 million yuan, -61.304 million yuan, -71.6946 million yuan, and -123 million yuan respectively [2] - For the year 2024, the total operating revenue was 444 million yuan, a year-on-year decline of 17.68%, with a net profit attributable to the parent company of -53.3972 million yuan and a net cash flow from operating activities of -63.182 million yuan [2] Company Background - Huichen Co., Ltd. was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 16, 2020, with an issuance of 18.568628 million shares at a price of 34.21 yuan per share [1] - The total funds raised amounted to 635.2328 million yuan, with a net amount of 560.4028 million yuan, intended for projects related to multi-dimensional data intelligent analysis platforms and AIOT industry application solutions [2] - The underwriting and sponsorship fees for the issuance totaled 74.83 million yuan, with 53.8186 million yuan going to the lead underwriter, CITIC Securities Co., Ltd. [2]