JINJIA(SZ:002191) Ge Long Hui A P P·2026-01-27 10:24Core Viewpoint - The company, Jingjia Co., Ltd. (002191.SZ), expects a significant decline in net profit for the year 2025, projecting a loss between 504 million to 252 million yuan, representing a decrease of 450% to 800% compared to the previous year [1] Financial Performance - The projected net profit attributable to shareholders is expected to be between -504 million to -252 million yuan, indicating a drastic decline of 450% to 800% year-on-year [1] - The net profit after deducting non-recurring gains and losses is anticipated to be between -626 million to -313 million yuan, reflecting a decrease of 550% to 1000% compared to the same period last year [1] Reasons for Performance Change - The decline in performance is attributed to adjustments in customer structure, leading to lower business volume for certain subsidiaries, which resulted in a significant drop in revenue and profit [1] - Some affiliated enterprises experienced a downturn in operating performance due to changes in the industry environment, with future revenue and net profit expected to decrease substantially compared to previous forecasts [1] - The company has reported overdue accounts receivable in its trading business, which has further impacted financial performance [1] Impairment Provisions - The company plans to recognize impairment provisions for goodwill and long-term equity investments, as well as provisions for bad debts on accounts receivable, with a total estimated amount between 488 million to 791 million yuan [1]