福建天马科技集团股份有限公司 2025年年度业绩预告

Core Viewpoint - The company, Fujian Tianma Technology Group Co., Ltd., anticipates a significant loss for the fiscal year 2025, with projected net profit attributable to shareholders ranging from -180 million to -120 million yuan, indicating a downturn compared to the previous year [1][2]. Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1]. - The expected net profit attributable to shareholders for 2025 is projected to be between -180 million and -120 million yuan, representing a loss compared to the previous year's net profit of 26.03 million yuan [2]. - The anticipated net profit, excluding non-recurring gains and losses, is expected to be between -200 million and -140 million yuan [1][2]. Previous Year Performance - In 2024, the net profit attributable to shareholders was 26.03 million yuan, with a net profit of 9.85 million yuan after excluding non-recurring gains and losses [2]. Reasons for Performance Change - The decline in performance is attributed to macroeconomic fluctuations, cyclical adjustments in the industry, and intensified market competition. Additionally, an increase in supply expectations due to a bumper harvest of Japanese eel fry has led to a downward trend in sales prices for live and grilled eel, placing the eel industry in a low point [4]. - Despite maintaining a stable output of live eels and grilled eel product sales, the company faces pressure on product sales prices and rising production costs due to the cyclical downturn in the industry. The feed sector is also experiencing declining gross margins due to market structural adjustments and increasing competition, compounded by rising period expenses and asset impairment provisions, resulting in a temporary loss for the company [4].