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好想你业绩大反转!投资鸣鸣很忙浮盈37亿,红枣主业仍拖后腿
Guo Ji Jin Rong Bao· 2026-02-02 13:56
Core Viewpoint - The impressive performance of the company "好想你" (002582) is primarily driven by investment gains rather than a recovery in its main business operations [1][2]. Group 1: Financial Performance - The company expects a net profit attributable to shareholders of between 750 million to 950 million yuan for 2025, a significant turnaround from a loss of 71.96 million yuan in the previous year [1]. - The key to this turnaround is a substantial increase in non-recurring gains, mainly from the fair value changes of its investment in Hunan Mingming Hen Mang Commercial Chain Co., Ltd. (code "01768") [1]. - The company's net profit, excluding non-recurring gains, is projected to be a loss of 50 million to 80 million yuan for 2025, indicating ongoing challenges in its core business [2]. Group 2: Business Operations - The core business of "好想你," which focuses on red dates and related health food products, has not shown signs of stable profitability, continuing to face operational pressures [2]. - Since divesting from Baicaowei and refocusing on the red date business, the company's revenue has remained stagnant between 1 billion to 2 billion yuan, failing to break through this range [2]. - The cumulative net losses from 2022 to 2024 are projected to exceed 300 million yuan, with core business operations struggling to generate positive returns [2]. Group 3: Future Outlook - The company has set performance targets in its employee stock ownership plan, aiming for a net profit of no less than 20 million yuan in 2026 and 50 million yuan in 2027, excluding certain costs and investment gains [3]. - Improving the profitability of its core business has become a critical issue for "好想你" moving forward [3].