Core Viewpoint - The company anticipates a negative net profit for the fiscal year 2025, projecting a loss between 69 million to 52 million yuan, a significant decline from a profit of 57 million yuan in the same period last year [1] Financial Performance - The expected net profit after deducting non-recurring gains and losses is projected to be between -210 million to -160 million yuan, compared to a profit of 12.53 million yuan in the previous year [1] - Both the net profit attributable to shareholders and the net profit after deducting non-recurring gains and losses are expected to be negative and show a considerable decrease compared to the previous year [1] Operational Challenges - The primary reason for the anticipated losses is the strategic optimization of the global supply chain to address the complex international trade environment, which has led to simultaneous construction and adjustment of production capacities across multiple locations [1] - New production bases are currently in the capacity construction and ramp-up phase, resulting in low overall capacity utilization, which has caused manufacturing and management costs to remain high, leading to a significant increase in unit manufacturing costs [1] Financial Costs - The issuance of convertible bonds has resulted in increased interest expenses, contributing to a rise in financial costs compared to the previous year [1] Impairment Concerns - The company has preliminarily assessed that the goodwill arising from the acquisition of Zhejiang Jiadebao Technology Co., Ltd. and Sumter Easy Home, LLC may be impaired due to their operational performance and development not meeting expectations [1]
家联科技：预计2025年净利润为-5200万元至-6900万元