Zhong Guo Jing Ji Wang·2026-02-03 07:22Core Viewpoint - The company, Guangzhou Hexin Instrument Co., Ltd., is expected to report significant losses for the fiscal year 2025, with a projected net profit loss of approximately 89 million yuan, representing a 93.52% decrease compared to the previous year [1] Financial Performance - The estimated net profit attributable to shareholders for 2025 is projected to be around -89 million yuan, a decrease of approximately 43.01 million yuan from the previous year [1] - The estimated net profit after deducting non-recurring gains and losses is expected to be around -93 million yuan, reflecting a decrease of about 29.90 million yuan, or 47.39% year-on-year [1] - The estimated operating revenue for 2025 is around 97 million yuan, which is a decrease of approximately 105.51 million yuan, or 52.10% compared to the previous year [1] Risk of Delisting - If the audited net profit (before and 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, indicated by the "*ST" prefix on its stock name [2] Shareholder Information - As of September 30, 2025, the eighth largest shareholder is Huatai Securities Co., Ltd., holding a 1.22% stake [2] Initial Public Offering (IPO) Details - The company raised a total of 310 million yuan from its IPO, with a net amount of 273 million yuan after deducting issuance costs [4] - The planned fundraising amount was 326 million yuan, intended for projects including the expansion of the mass spectrometry industrialization base and the construction of a research and development center [4] Previous Financial Results - In 2024, the company reported an operating revenue of 203 million yuan, a year-on-year decrease of 44.70%, and a net profit attributable to shareholders of -45.99 million yuan [4] - The company also reported a net profit of -63.33 million yuan in 2022, indicating ongoing financial challenges [5]