净利润亏损超亿元！蓝帆医疗2025年半年度业绩预告

Core Viewpoint - The company, BluFan Medical Co., Ltd. (stock code: 002382), is expected to report a narrowed net loss for the first half of 2025 compared to the same period last year, indicating a potential recovery in its financial performance [2]. Financial Performance Summary - The company anticipates a net loss attributable to shareholders of between 100 million to 150 million yuan, an improvement from a loss of 160.21 million yuan in the same period last year, reflecting a year-on-year growth of 6.38% to 37.58% [2]. - The net loss after deducting non-recurring gains and losses is expected to be between 170 million to 230 million yuan, with a year-on-year change of -17.11% to 13.44% [2]. - Basic earnings per share are projected to be a loss of 0.15 yuan to 0.10 yuan, compared to a loss of 0.16 yuan per share in the previous year [2]. Reasons for Performance Changes - Investment Loss: The company recognized a fair value change loss of approximately 120 million yuan due to the valuation change of its investment in Suzhou Tongxin Medical Technology Co., Ltd., which negatively impacted the cardiovascular business segment [5]. - Cardiovascular Business Improvement: Excluding the Suzhou Tongxin matter, the cardiovascular division's operating performance improved, with sales revenue exceeding 690 million yuan, a year-on-year increase of over 20% [5]. - Financial Expense Pressure: Financial expenses of 25 million yuan were accrued in the second quarter of 2025 due to strategic investments made in 2024, further affecting profits [5]. - Pressure on Protective Business: The health protection division faced losses due to fluctuations in overseas orders and declining sales prices [5]. Company Overview - BluFan Medical Co., Ltd. was established in 2002 and is a leading medical device company listed on the Shenzhen Stock Exchange since 2010, covering both low-value and high-value consumables [5]. - The company operates in four major segments: Cardiovascular, Health Protection, Surgical, and Nursing [6]. - The cardiovascular division focuses on interventional devices, while the health protection division centers on medical gloves and related products [6]. Key Products - BioFreedom® Drug-Coated Coronary Stent System: This product has been validated for safety and efficacy in high bleeding risk populations, significantly reducing the duration of dual antiplatelet therapy [10]. - The first domestic drug balloon, featuring a new generation of rapamycin derivatives, addresses previous limitations in drug absorption and retention [12]. - The Xinyue® Drug-Coated Stent System has been upgraded to improve patient outcomes while maintaining effective anti-proliferation effects [13].