COMEC (00317) Plans to Provision RMB221 Million in Asset Impairment for First Three Quarters

Stock News10-30

COMEC (00317) announced that, in order to objectively reflect the company's financial position and operating results for the reporting period, it has conducted a comprehensive review of all assets at the balance sheet date in accordance with the "Accounting Standards for Business Enterprises" and its internal "Asset Impairment Provision and Write-off Management Measures."

Based on the principle of prudence, the company and its subsidiaries performed impairment tests on assets showing signs of impairment, as well as on existing contracts, to reasonably estimate potential losses. As a result, asset impairment provisions (including losses from onerous contracts) were recognized.

According to the test results, the company and its subsidiaries plan to recognize a total of RMB221 million in asset impairment provisions for the first three quarters of 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1186551532?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-30 23:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1186551532","market":"sh","top_or_hot":-1,"title":"COMEC (00317) Plans to Provision RMB221 Million in Asset Impairment for First Three Quarters","media":"Stock News","content":"<p>COMEC (00317) announced that, in order to objectively reflect the company's financial position and operating results for the reporting period, it has conducted a comprehensive review of all assets at the balance sheet date in accordance with the \"Accounting Standards for Business Enterprises\" and its internal \"Asset Impairment Provision and Write-off Management Measures.\"</p>\n<p>Based on the principle of prudence, the company and its subsidiaries performed impairment tests on assets showing signs of impairment, as well as on existing contracts, to reasonably estimate potential losses. As a result, asset impairment provisions (including losses from onerous contracts) were recognized.</p>\n<p>According to the test results, the company and its subsidiaries plan to recognize a total of RMB221 million in asset impairment provisions for the first three quarters of 2025.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>COMEC (00317) Plans to Provision RMB221 Million in Asset Impairment for First Three Quarters</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCOMEC (00317) Plans to Provision RMB221 Million in Asset Impairment for First Three Quarters\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-10-30 23:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>COMEC (00317) announced that, in order to objectively reflect the company's financial position and operating results for the reporting period, it has conducted a comprehensive review of all assets at the balance sheet date in accordance with the \"Accounting Standards for Business Enterprises\" and its internal \"Asset Impairment Provision and Write-off Management Measures.\"</p>\n<p>Based on the principle of prudence, the company and its subsidiaries performed impairment tests on assets showing signs of impairment, as well as on existing contracts, to reasonably estimate potential losses. As a result, asset impairment provisions (including losses from onerous contracts) were recognized.</p>\n<p>According to the test results, the company and its subsidiaries plan to recognize a total of RMB221 million in asset impairment provisions for the first three quarters of 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0028","symbol_name":"国家队","start_time":0,"source_url":"","article_id":"1186551532","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186551532","pubTimestamp":1761837040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"COMEC (00317) announced that, in order to objectively reflect the company's financial position and operating results for the reporting period, it has conducted a comprehensive review of all assets at...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600685":"中船防务","BK0028":"国家队","BK0005":"高端装备制造","BK0183":"MSCI概念","BK1171":"建筑机械与重型卡车","BK0012":"证金概念","BK0279":"运输设备","BK0024":"航母","BK0010":"央企","00317":"中船防务"},"translate_title":"中国商电（00317）前三季度拟计提资产减值2.21亿元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600685":1,"00317":1},"content_text":"COMEC (00317) announced that, in order to objectively reflect the company's financial position and operating results for the reporting period, it has conducted a comprehensive review of all assets at the balance sheet date in accordance with the \"Accounting Standards for Business Enterprises\" and its internal \"Asset Impairment Provision and Write-off Management Measures.\"\nBased on the principle of prudence, the company and its subsidiaries performed impairment tests on assets showing signs of impairment, as well as on existing contracts, to reasonably estimate potential losses. As a result, asset impairment provisions (including losses from onerous contracts) were recognized.\nAccording to the test results, the company and its subsidiaries plan to recognize a total of RMB221 million in asset impairment provisions for the first three quarters of 2025.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1186551532","isCrawlerRequest":true}