捷强装备：预计2025年亏损9000万元-1.2亿元

Core Viewpoint - The company, Jieqiang Equipment (300875), has announced a forecast for a net loss of 90 million to 120 million yuan for the year 2025, which is an improvement compared to a loss of 278 million yuan in the previous year [4]. Financial Performance - The expected net profit loss for 2025 is between 90 million and 120 million yuan, while the non-recurring net profit loss is projected to be between 100 million and 130 million yuan, compared to losses of 278 million yuan and 292 million yuan in the previous year respectively [4]. - The company's price-to-book ratio (LF) is approximately 4.37 times, and the price-to-sales ratio (TTM) is about 27.29 times based on the latest closing price [4]. Business Operations - The company specializes in the research, development, production, sales, and technical services of nuclear biochemical safety equipment and core components [15]. - The anticipated decrease in impairment amounts for 2025 is expected to be significant compared to the previous year, as determined by a qualified assessment and auditing institution [15]. - Adjustments to previously recognized revenue due to changes in sales contract prices by final customers are expected to reduce profits for the reporting period [15]. Future Prospects - A new controlling subsidiary will be included in the company's consolidated scope starting from October 1, 2025, which is expected to generate additional business revenue and positively impact net profit [16]. - The impact of non-recurring gains and losses on net profit is estimated to be between 9 million and 12 million yuan, primarily from government subsidies and returns on idle funds [17].