安靠智电：预计2025年净利润同比下降56.37%-61.82%

Core Viewpoint - Anke Intelligent Electric announced a projected net profit attributable to shareholders for the year 2025 of between 70 million to 80 million yuan, representing a year-on-year decline of 56.37% to 61.82% [1] - The net profit after deducting non-recurring gains and losses is expected to be between 32 million to 42 million yuan, reflecting a year-on-year decrease of 72.57% to 79.10% [1] Summary by Category Financial Performance - The company anticipates a significant decline in net profit for 2025, with projections indicating a drop of over 56% compared to the previous year [1] - The expected net profit after excluding non-recurring items shows an even steeper decline, suggesting a challenging financial outlook [1] Business Environment - The decrease in performance is attributed to changes in the market environment and intensified industry competition [1] - The scale, order quantity, and gross profit margin of the smart modular substations and intelligent power system service business have all declined [1] Operational Challenges - The company has made substantial provisions for bad debts, which has negatively impacted profitability [1] - Increased research and development expenditures are also contributing to the anticipated decline in net profit [1]