Aerospace CH UAV (SZ:002389) Ge Long Hui A P P·2026-01-28 13:20Core Viewpoint - The company expects a significant decline in net profit for the fiscal year 2025, with projections indicating a decrease of 64.84% to 71.65% compared to the previous year, alongside a substantial increase in non-recurring losses [1] Group 1: Financial Performance - The projected net profit attributable to shareholders for 2025 is estimated to be between 25 million to 31 million yuan [1] - The company anticipates a non-recurring net loss of 58 million to 65 million yuan, compared to a loss of 724 thousand yuan in the same period last year [1] Group 2: Business Segments - The company's drone business revenue has shown overall growth, but the structure has changed, with overseas business maintaining high levels of activity despite a year-on-year decrease in overseas revenue due to delays in order signing [1] - Domestic market orders for drones have concentrated, leading to increased recognition of the company's products and a year-on-year revenue increase [1] - The company has effectively managed production and supply chains, achieving a historical high in drone capacity utilization and successfully completing annual product delivery tasks [1] Group 3: Asset Management and Challenges - The company has continued to dispose of inefficient assets, successfully transferring certain land and factory assets in Taizhou, which is expected to positively impact current profits [1] - The new materials business is under pressure due to industry supply-demand dynamics, with significant challenges in terminal demand and product pricing, adversely affecting overall profit levels [1] - The depreciation of the US dollar has also negatively impacted the company's profit levels through exchange losses [1]