Hymson(SH:688559) Zheng Quan Ri Bao·2026-01-25 23:28Performance Forecast - The company expects a significant increase in losses for the fiscal year 2025, projecting a net profit attributable to the parent company between -910 million yuan and -850 million yuan, compared to the previous year's loss [2] - The projected net profit after deducting non-recurring gains and losses is estimated to be between -980 million yuan and -920 million yuan [2] Previous Year Performance - In the previous year, the total profit was -208.21 million yuan, with a net profit attributable to the parent company of -163.07 million yuan [4] - The net profit after deducting non-recurring gains and losses was -215.67 million yuan [4] - The earnings per share for the previous year were -0.76 yuan [5] Reasons for Performance Change - The company faces intensified market competition and declining product prices due to overcapacity in the lithium battery and photovoltaic industries, leading to increased operational pressure [6] - The company has conducted impairment tests on ongoing projects, resulting in additional impairment losses that negatively impact current profits [6] - Increased strategic R&D investments and efforts to expand into overseas markets have also contributed to the short-term increase in expenses, further affecting profit performance [6]