AVIC Jianghang(SH:688586) Zheng Quan Ri Bao·2026-01-30 22:49Core Viewpoint - The company expects a significant decline in net profit for the year 2025, projecting a decrease of approximately 48.17% to 60.13% compared to the previous year [2][3]. Financial Performance Forecast - The estimated net profit attributable to shareholders for 2025 is projected to be between 50 million to 65 million yuan, a decrease of approximately 60.4 million to 75.4 million yuan from the previous year [2][3]. - The estimated net profit, excluding non-recurring gains and losses, is projected to be between 37 million to 52 million yuan, a decrease of approximately 52.03 million to 67.03 million yuan from the previous year [2][3]. Previous Year Performance - In 2024, the company achieved a total profit of 136.4 million yuan, with a net profit attributable to shareholders of 125.4 million yuan and a net profit excluding non-recurring gains and losses of 104.03 million yuan [5]. Reasons for Performance Change - The decline in net profit for 2025 is attributed to changes in market conditions, industry policies, and the delivery schedule of product orders, leading to a decrease in revenue from aviation products and a reduction in product gross margin. Additionally, the company has increased its investment in research and development for military and civilian aircraft, advanced manufacturing, and new industry projects [7].