Core Viewpoint - The company, Olay New Materials (688530.SH), is expected to report a significant net loss for the fiscal year 2025, with projected losses ranging from 33 million to 48 million yuan compared to the previous year [1] Financial Performance - The anticipated net profit attributable to the parent company for 2025 is projected to be between -33 million and -48 million yuan [1] - The expected net profit after deducting non-recurring gains and losses is estimated to be between -29 million and -42 million yuan [1] Cost and Margin Impact - The company is facing increased costs due to a significant rise in the prices of key raw materials, as well as ongoing capacity ramp-up at investment projects in Hefei and Liuyuan [1] - The gross margin of the main business has declined compared to the same period last year due to rising material costs, fixed asset depreciation, and labor expenses [1] Operational Expenses - As new projects in Hefei and Liuyuan come online, there has been an increase in labor costs, office expenses, and R&D investments for new product development, leading to higher operating expenses compared to the previous year [1] Risk Management - To mitigate the risk of raw material price fluctuations, the company has engaged in futures hedging activities [1] - However, significant increases in raw material prices at the end of the reporting period have resulted in investment losses and fair value changes from the hedging activities, impacting the current period's performance [1]
欧莱新材(688530.SH)：2025年预亏3300万元到4800万元