Core Viewpoint - The company expects a significant loss for the fiscal year 2025, projecting a loss attributable to equity shareholders between RMB 190 million and RMB 270 million, following a modest profit of RMB 6.28 million in 2024 [1] Group 1: Financial Performance - The anticipated decline in performance is primarily due to intensified market competition, leading to low disposal prices despite stable hazardous waste disposal volumes [1] - The company expects an increase in depreciation and amortization costs due to new projects transitioning to fixed assets [1] - Extended payment cycles from some clients have resulted in increased provisions for credit impairment losses [1] Group 2: Operational Challenges - The operational rate of cement kilns has been declining, particularly affecting projects in Henan, Shandong, and Northeast regions, resulting in underutilization of capacity [1] - The company has engaged appraisers to conduct impairment tests on certain projects, with preliminary estimates indicating that asset impairment provisions for the fiscal year 2025 may range from RMB 70 million to RMB 100 million [1]
海螺环保发盈警 预期2025年公司权益股东应占亏损约1.9亿至2.7亿元 同比盈转亏