Xi’An Eswin Material Technology Co.,Ltd. (688783.SH) has released its 2025 performance forecast, revealing an operating revenue of RMB2.649 billion, marking a year-on-year increase of 24.88%. The company reported a net loss attributable to owners of the parent company of RMB738 million. After excluding non-recurring gains and losses, the net loss attributable to owners stood at RMB809 million.
The company's product structure still requires further optimization, influenced by factors such as the pace of customer capacity expansion and the certification cycle for semiconductor silicon wafer products. Additionally, the second factory is currently in the ramp-up phase, with production capacity not yet fully utilized. As a result, fixed costs, including depreciation of fixed assets, have not been effectively diluted, and economies of scale have not been fully realized.
