Wayzim(SH:688211) Zhong Guo Zheng Quan Bao·2026-01-30 13:32Core Viewpoint - The company Zhongke Weizhi (688211) has announced its performance forecast for 2025, expecting revenue between 2.35 billion to 2.85 billion yuan, with a net loss attributable to shareholders ranging from 88 million to 130 million yuan, indicating a slight increase in losses compared to the previous year [4]. Financial Performance - The expected revenue for 2025 represents an increase compared to the previous year, but the gross margin is anticipated to decline due to market changes and intensified competition [15]. - The company forecasts a net profit attributable to shareholders of between -88 million to -130 million yuan, compared to a loss of 84.75 million yuan in the same period last year [4][16]. - The non-recurring net profit is expected to be between -105 million to -155 million yuan, compared to a loss of 133 million yuan in the previous year [4]. Valuation Metrics - As of the latest closing price, the company's price-to-book ratio (LF) is approximately 1.25 times, and the price-to-sales ratio (TTM) is about 1.62 times [4]. - Historical trends indicate that the company's price-to-earnings ratio (TTM) has fluctuated significantly over recent periods, reflecting the volatility in its financial performance [5][21]. Government Support and R&D - The decline in net profit is partly attributed to a reduction in various government subsidies received compared to the previous year, along with a decrease in non-recurring income [16]. - The company plans to enhance its technological and product development efforts, optimize cost reduction and efficiency measures, and strengthen its market competitiveness [15].