FY Financial (08452) Issues Profit Warning, Forecasts RMB40.00–60.00 Million FY2025 Net Loss on Impairments

Bulletin Express03-20

FY Financial (Shenzhen) Co., Ltd. (stock code: 08452) has warned investors of a significantly wider loss for the financial year ended 31 December 2025. Management’s preliminary review of unaudited figures indicates a net loss of no less than RMB40.00 million and potentially up to RMB60.00 million, compared with a RMB8.68 million deficit in FY2024.

The projected downturn is mainly attributed to two impairment charges:

1. Finance-lease and trade receivables: Approximately RMB14.00 million in impairments have been recognised after certain counterparties became more than six months past due amid tight cash-flow conditions, elevating collection uncertainty.

2. Investment in associate Shanghai KYMS Cloud Technology Co., Ltd.: An estimated RMB46.00 million provision follows a valuation test showing the recoverable amount of the Group’s 20.81 % stake is below carrying value. Shanghai KYMS, engaged in serviced-office leasing, has faced a sharp fall in downstream rental income while upstream rents remained rigid, leading to severe operational and cash-flow stress.

The figures are based on management accounts and have not yet been audited. FY Financial plans to release its audited FY2025 results by end-March 2026, in line with GEM Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.

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/1195948920?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-20 17:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195948920","market":"hk","top_or_hot":-1,"title":"FY Financial (08452) Issues Profit Warning, Forecasts RMB40.00–60.00 Million FY2025 Net Loss on Impairments","media":"Bulletin Express","content":"<p>FY Financial (Shenzhen) Co., Ltd. (stock code: 08452) has warned investors of a significantly wider loss for the financial year ended 31 December 2025. Management’s preliminary review of unaudited figures indicates a net loss of no less than RMB40.00 million and potentially up to RMB60.00 million, compared with a RMB8.68 million deficit in FY2024.</p>\n<p>The projected downturn is mainly attributed to two impairment charges:</p>\n<p>1. Finance-lease and trade receivables: Approximately RMB14.00 million in impairments have been recognised after certain counterparties became more than six months past due amid tight cash-flow conditions, elevating collection uncertainty.</p>\n<p>2. Investment in associate Shanghai KYMS Cloud Technology Co., Ltd.: An estimated RMB46.00 million provision follows a valuation test showing the recoverable amount of the Group’s 20.81 % stake is below carrying value. Shanghai KYMS, engaged in serviced-office leasing, has faced a sharp fall in downstream rental income while upstream rents remained rigid, leading to severe operational and cash-flow stress.</p>\n<p>The figures are based on management accounts and have not yet been audited. FY Financial plans to release its audited FY2025 results by end-March 2026, in line with GEM Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.</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>FY Financial (08452) Issues Profit Warning, Forecasts RMB40.00–60.00 Million FY2025 Net Loss on Impairments</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\">\nFY Financial (08452) Issues Profit Warning, Forecasts RMB40.00–60.00 Million FY2025 Net Loss on Impairments\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-03-20 17:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>FY Financial (Shenzhen) Co., Ltd. (stock code: 08452) has warned investors of a significantly wider loss for the financial year ended 31 December 2025. Management’s preliminary review of unaudited figures indicates a net loss of no less than RMB40.00 million and potentially up to RMB60.00 million, compared with a RMB8.68 million deficit in FY2024.</p>\n<p>The projected downturn is mainly attributed to two impairment charges:</p>\n<p>1. Finance-lease and trade receivables: Approximately RMB14.00 million in impairments have been recognised after certain counterparties became more than six months past due amid tight cash-flow conditions, elevating collection uncertainty.</p>\n<p>2. Investment in associate Shanghai KYMS Cloud Technology Co., Ltd.: An estimated RMB46.00 million provision follows a valuation test showing the recoverable amount of the Group’s 20.81 % stake is below carrying value. Shanghai KYMS, engaged in serviced-office leasing, has faced a sharp fall in downstream rental income while upstream rents remained rigid, leading to severe operational and cash-flow stress.</p>\n<p>The figures are based on management accounts and have not yet been audited. FY Financial plans to release its audited FY2025 results by end-March 2026, in line with GEM Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"08452","symbol_name":"富银融资股份","start_time":0,"source_url":"","article_id":"1195948920","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195948920","pubTimestamp":1773999663,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"FY Financial (Shenzhen) Co., Ltd. (stock code: 08452) has warned investors of a significantly wider loss for the financial year ended 31 December 2025. Management’s preliminary review of unaudited...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"08452":"富银融资股份"},"translate_title":"富银金融(08452)发布盈利预警，预计2025财年减值净亏损40.00-6000万元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08452":1},"content_text":"FY Financial (Shenzhen) Co., Ltd. (stock code: 08452) has warned investors of a significantly wider loss for the financial year ended 31 December 2025. Management’s preliminary review of unaudited figures indicates a net loss of no less than RMB40.00 million and potentially up to RMB60.00 million, compared with a RMB8.68 million deficit in FY2024.\nThe projected downturn is mainly attributed to two impairment charges:\n1. Finance-lease and trade receivables: Approximately RMB14.00 million in impairments have been recognised after certain counterparties became more than six months past due amid tight cash-flow conditions, elevating collection uncertainty.\n2. Investment in associate Shanghai KYMS Cloud Technology Co., Ltd.: An estimated RMB46.00 million provision follows a valuation test showing the recoverable amount of the Group’s 20.81 % stake is below carrying value. Shanghai KYMS, engaged in serviced-office leasing, has faced a sharp fall in downstream rental income while upstream rents remained rigid, leading to severe operational and cash-flow stress.\nThe figures are based on management accounts and have not yet been audited. FY Financial plans to release its audited FY2025 results by end-March 2026, in line with GEM Listing Rules. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","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/1195948920","isCrawlerRequest":true}