Wondux(SH:688178) Ge Long Hui A P P·2026-01-30 09:06Core Viewpoint - Wande's (688178.SH) is expected to report a net loss attributable to shareholders of the parent company for the year 2025, with estimates ranging from -125 million to -85 million yuan [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, to also fall within the range of -125 million to -85 million yuan [1] - Revenue is projected to decrease year-on-year, alongside a reduction in gross margin, primarily due to intensified industry competition and stricter project selection criteria aimed at clients with better payment capabilities [1] Cash Flow Management - The company has implemented measures to enhance cash flow, including improved collection of accounts receivable and better management of upstream suppliers [1] - It is expected that the net cash flow from operating activities will increase compared to the same period in 2024, which was 81.87 million yuan, ensuring the company's capacity for sustainable development [1]