Shaanxi Aerospace Power Hi-Tech Co.,Ltd. (600343.SH) has released an advance profit warning for the 2025 fiscal year, forecasting an annual net profit attributable to the parent company's owners in the range of -210 million yuan to -178 million yuan.
The primary impact on its main business operations stems from several factors: a contraction in product categories and models, coupled with adverse market conditions, led to an approximate 10% decrease in revenue compared to the previous year, negatively affecting profits by around -105 million yuan.
Additionally, due to impacts from product transitions and changes in customer orders, certain portions of the company's inventory showed signs of impairment, leading to a provision for inventory write-downs of approximately 32 million yuan.
Furthermore, influenced by the introduction of new national standards, some of the company's equipment and patents also exhibited impairment indicators, resulting in the recognition of asset impairment losses.
