钱江摩托(000913.SZ)：预计2025年净利润同比增长41.86%～52.2%

Core Viewpoint - Qianjiang Motorcycle (000913.SZ) expects a net profit attributable to shareholders of 960 million to 1.03 billion yuan for 2025, representing a year-on-year growth of 41.86% to 52.20% [1] Financial Performance - The net profit after deducting non-recurring gains and losses is projected to be between 265 million to 315 million yuan, indicating a year-on-year decline of 52.80% to 43.89% [1] - The primary reason for the growth in net profit attributable to shareholders is an increase in non-recurring gains, which rose by approximately 585 million yuan compared to the same period last year [1] Asset Disposal Gains - For the fiscal year 2025, the expected pre-tax profit from "asset disposal gains" is around 850 million yuan, compared to 126 million yuan in the same period last year [1] Sales Performance - The decline in net profit after excluding non-recurring gains is mainly attributed to a year-on-year decrease in motorcycle sales [1]