元琛科技(688659.SH)：2025年预亏2200万元到3300万元

Core Viewpoint - Yuanchen Technology (688659.SH) expects a revenue increase for 2025, with projected figures between 670 million to 720 million yuan, reflecting a year-on-year growth of 6.41% to 14.35% [1][2] Financial Performance - The estimated net profit attributable to the parent company is projected to be between -22 million to -33 million yuan, showing an improvement of 38.86 million to 28.86 million yuan compared to the previous year, which translates to a year-on-year increase of 63.85% to 45.77% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between -28 million to -39 million yuan, indicating an increase of 39.94 million to 28.94 million yuan year-on-year, equating to a growth of 58.79% to 42.60% [1] Revenue Growth Factors - The anticipated 10% increase in revenue compared to the previous year is supported by an enhanced market share in the power industry and successful market positioning in the chemical and thermal sectors over recent years [2] - The increase in gross profit margin is attributed to a rise in orders leading to higher production and cost dilution, alongside an increase in sales prices compared to the previous year [2] - Cost reduction and efficiency improvements have been achieved, with a decrease in the ratio of management and sales expenses to revenue [2] - Enhanced management of accounts receivable has led to a reduction in credit impairment losses during the reporting period [2]