金杨精密:2025年全年净利润同比预减1.35%—19.12%

Core Viewpoint - Jinyang Precision forecasts a net profit attributable to shareholders of 45.5 million to 55.5 million yuan for 2025, representing a year-on-year decrease of 1.35% to 19.12% [1] Financial Performance Summary - The expected net profit after deducting non-recurring gains and losses is projected to be between 40 million and 50 million yuan, indicating a year-on-year change of -7.13% to +15.87% [1] - The decrease in net profit is primarily due to a provision of 12.7322 million yuan for share-based payment expenses in 2025 [1] - Excluding the impact of share-based payment expenses, the adjusted net profit is expected to range from 52.7322 million to 62.7322 million yuan, reflecting a growth of 18.05% to 40.44% year-on-year [1] Revenue Growth Drivers - The anticipated revenue growth of 24.58% to 31.91% year-on-year is attributed to: 1. Continued recovery in the consumer electronics industry, leading to increased sales of cylindrical battery precision structural components 2. The company capitalizing on rapid growth opportunities in the energy storage market, resulting in higher sales of square battery precision structural components [1] Non-Recurring Gains and Losses Impact - The estimated impact of non-recurring gains and losses on net profit attributable to shareholders is around 5.5 million yuan, primarily from government subsidies and the reversal of impairment provisions for receivables [1]