ASD(SZ:002403) Ge Long Hui A P P·2026-01-29 15:03Core Viewpoint - The company Aishida (002403.SZ) forecasts a significant net loss for the fiscal year 2025, primarily due to external factors affecting sales and increased operational costs [1] Financial Performance - The net profit attributable to shareholders is expected to be a loss of 154 million to 222 million yuan, compared to a profit of 15.07 million yuan in the same period last year [1] - The net profit after deducting non-recurring gains and losses is projected to be a loss of 174 million to 250 million yuan, compared to a loss of 34.73 million yuan in the previous year [1] Business Impact - The company's cookware and small appliance export business has been adversely affected by fluctuations in U.S. tariffs, leading to delays or cancellations of some orders, which in turn has reduced export revenue and overall profit [1] - The industrial robot segment is in a strategic expansion phase, with a more aggressive sales strategy adopted in the second half of the year, resulting in slight revenue growth; however, this has been accompanied by a decline in gross margin and an increase in operating expenses, leading to a larger year-on-year loss [1] Asset Impairment - Preliminary estimates indicate that the company will recognize increased asset impairment and credit impairment losses for 2025 compared to the previous year, primarily related to inventory impairment and goodwill impairment in the industrial robot segment [1] Non-Recurring Gains and Losses - The impact of non-recurring gains and losses on the net profit attributable to shareholders is estimated to be around 24 million yuan, a decrease of approximately 25 million yuan compared to the previous year, mainly due to a reduction in government subsidies recognized in the current period [1]