财务亮红灯！年内7股预警“*ST”！

Core Viewpoint - The A-share market is experiencing a surge in performance forecasts, with several companies issuing "*ST" warnings, indicating potential delisting risks due to negative net assets and expected losses in 2025 [1][2][5]. Group 1: Company Announcements - Ba Yi Steel announced on January 25 that its stock may face delisting risk warnings, with an expected net asset value of -1.76 billion to -1.95 billion yuan by the end of 2025 [2][9]. - As of January 26, a total of seven companies have disclosed potential "*ST" warnings, with five of them indicating negative net assets [2][10]. Group 2: Financial Forecasts - The five companies expected to have negative net assets include Ba Yi Steel, ST Saiwei, Huaxia Happiness, Yijing Photovoltaic, and ST Huapeng, all of which are facing mandatory delisting indicators due to financial performance [3][10]. - Huaxia Happiness is projected to incur the largest loss, with an estimated net loss of 16 billion to 24 billion yuan for 2025, while Ba Yi Steel and ST Saiwei are expected to report losses of 1.85 billion to 2.05 billion yuan and 720 million to 1.02 billion yuan, respectively [5][12]. Group 3: Market Impact - Following the announcement, Ba Yi Steel's stock price fell to the limit down price of 3.24 yuan per share, resulting in a total market capitalization of 4.967 billion yuan [2][6]. - The overall market sentiment is affected as all seven companies are expected to report net losses for 2025, indicating a challenging financial environment [5][12].