集成灶公司帅丰电器（605336）或将被实施财务类强制退市风险警示。 1月23日晚间，帅丰电器披露，公司预计2025年年度实现利润总额-5700万元到-3800万元，归母净利润-6200万元到-4300万元，扣除归母净利润-7400万元 到-5500万元。预计2025年年度实现营业收入2.1亿元到2.5亿元，扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入为2亿元到2.4亿 元，低于3亿元。根据股票上市规则，公司股票可能被上海证券交易所实施退市风险警示，即在公司股票简称前冠以"*ST"字样。 如果后续公司2025年年度报告披露后，经审计的利润总额、净利润或者扣除非经常性损益后的净利润孰低者为负值，且扣除与主营业务无关的业务收入和 不具备商业实质的收入后的营业收入低于3亿元，帅丰电器股票将于2025年年度报告披露日起开始停牌。上交所将在公司股票停牌之日后5个交易日内，根 据实际情况，对公司股票实施退市风险警示。 帅丰电器专注于以集成灶为核心的新型智能厨房电器的研发、设计、生产和销售业务，主要产品为集成灶、其他厨房用品、木质橱柜等。公司成立于1998 年，并于2020年登陆上交所主板。 帅丰电器表示 ...

集成灶公司帅丰电器（605336）或将被实施财务类强制退市风险警示。 帅丰电器专注于以集成灶为核心的新型智能厨房电器的研发、设计、生产和销售业务，主要产品为集成灶、其他厨房用品、木质橱柜等。公司成立于1998 年，并于2020年登陆上交所主板。 帅丰电器表示，公司2025年业绩预亏主要有三个方面原因。 首先，在集成灶整体市场需求放缓、同行业竞争加剧等多重因素影响下，公司销售量不及预期，新增订单较少，较上年同期有一定幅度的下降。由于消费 倾向更趋谨慎等原因，公司产品结构随市场变化有所调整，消毒柜款集成灶、传统烟机灶具等性价比产品品类占比有所增加，导致产品均价有一定下降。 其次，基于公司当前经营状况及对其未来经营情况的分析预测，公司2025年度预计对固定资产、投资性房地产、在建工程、存货等计提资产减值损失约 4500万元，对预付款项、其他应收款等计提信用减值损失约1800万元。此外，公司预计2025年度非经常性损益约1200万元。 1月23日晚间，帅丰电器披露，公司预计2025年年度实现利润总额-5700万元到-3800万元，归母净利润-6200万元到-4300万元，扣除归母净利润-7400万元 到-5500万元 ...

Group 1 - The company Zhejiang Shuaifeng Electric Co., Ltd. forecasts a net profit attributable to shareholders of 2.3 million to 3.4 million yuan for the first half of 2025, representing a year-on-year decline of 91.54% to 94.28% [2] - The company expects a net loss of 3.9 million to 5.8 million yuan after excluding non-recurring gains and losses, marking a significant decline of 112.14% to 118.05% compared to the previous year [2] - This marks the seventh consecutive quarter of declining performance for the company, with the loss magnitude further expanding [2] Group 2 - The company attributes the performance decline primarily to its main business, citing a slowdown in overall market demand for integrated stoves and intensified industry competition, leading to a decrease in sales volume and orders compared to the same period last year [4] - Changes in consumer structure and a cautious overall consumption tendency have resulted in a decline in product prices, further impacting profitability [4] - Despite efforts to expand into new product categories such as integrated cooking centers and integrated washing products, the weakening revenue scale has led to an increase in expense ratios, ultimately causing a decline in net profit compared to the previous year [4] Group 3 - Industry analyst Liu Bucheng noted that kitchen appliances, particularly integrated stoves, are closely tied to the real estate market, making them vulnerable to its downturn [4] - Another leading company in the integrated stove sector, Zhejiang Meiyu, has also forecasted a net profit decline of 84.11% to 88.21%, indicating a significant downturn in the industry [4] - The combined net profit of the two leading companies for the half-year is expected to be less than 20 million yuan, representing a dramatic drop from the peak period in 2021 [4] - The core issue facing Shuaifeng Electric is that the decline in its existing business is outpacing the growth of new business ventures, with its wooden cabinet business only achieving a 19.09% growth in 2024 but with a low gross margin of 17.58%, insufficient to offset the downturn in its main integrated stove business [4]