HJHS(SH:603616) Zhi Tong Cai Jing·2026-01-28 13:07Core Viewpoint - The company, Han Jian He Shan, is expected to report a net loss attributable to shareholders of between 12 million and 8 million yuan for the fiscal year 2025, primarily due to declines in its concrete additive business and anticipated impairment losses on goodwill and assets [1][2]. Group 1: Financial Performance - The company forecasts a net profit loss of 12 million to 8 million yuan for 2025 [1]. - The concrete additive business, operated by the subsidiary Hebei Hezhong Building Materials Co., is expected to see a revenue decline due to market conditions in Beijing and surrounding areas [1]. - The company plans to conduct impairment testing on goodwill and assets in accordance with relevant accounting standards, anticipating a goodwill impairment of approximately 900,000 yuan for the year [1]. Group 2: Business Segments - The pre-stressed concrete cylinder pipe (PCCP) sales contracts are expected to be fulfilled normally, with stable order deliveries [1]. - The environmental business, managed by the subsidiary Qinhuangdao Qingqing Environmental Equipment Co., is projected to incur a loss of about 56 million yuan due to insufficient orders and ongoing fixed costs [2].