广州禾信仪器股份有限公司2025年年度业绩预亏公告

Core Viewpoint - Guangzhou Hexin Instrument Co., Ltd. is expected to report a significant net loss for the year 2025, with a projected net profit of approximately -89 million yuan, representing a year-on-year decrease of about 93.52% compared to the previous year [2][5][19]. Financial Performance Summary - The company anticipates a total profit of approximately -75 million yuan for 2025, a decrease of about 34.44% from the previous year [5]. - The expected net profit attributable to the parent company is projected to be around -89 million yuan, down by approximately 4.3 million yuan from the previous year [2][5]. - The net profit after deducting non-recurring gains and losses is expected to be around -93 million yuan, a decrease of about 2.99 million yuan year-on-year [2][5]. - The anticipated operating revenue for 2025 is approximately 97 million yuan, which is a decline of about 52.10% compared to the previous year [2][5]. Reasons for Performance Changes - The primary reason for the expected loss is the impact on the core business, which is heavily concentrated in the environmental online monitoring mass spectrometer sector. This market is currently undergoing a deep adjustment due to government procurement cycles, and the company is experiencing transitional pains as it shifts to new application areas [9]. - The company has implemented quality control measures, strategically selecting and abandoning orders with high credit risk and long payment terms, leading to a reduction in orders and revenue [9]. - The company has made provisions for asset impairment due to long-held inventory and market price fluctuations, which have resulted in a lower net realizable value than cost [10]. - A decrease in government subsidies recognized during the period has also contributed to the reduced profit total [11]. - The company has reassessed its deferred tax assets based on updated internal operational plans and external environment predictions, leading to a reversal of some previously recognized deferred tax assets [12]. Risk of Delisting - If the audited net profit (after deducting non-recurring gains and losses) is negative and the operating revenue (after excluding unrelated business income) is below 100 million yuan, the company may face delisting risk warnings according to the Shanghai Stock Exchange rules [3][20]. - The company’s stock may be marked with "*ST" if these conditions are met following the disclosure of the 2025 annual report [3][20].