Huijing Holdings Company Limited Issues Profit Warning for FY2025

Key Points for Investors

• Substantial Increase in Net Loss: The Group expects to record a net loss of approximately RMB1,695.0 million for the year ended 31 December 2025, compared to a net loss of RMB801.3 million in the previous year. This represents an increase of around RMB893.7 million, more than doubling the prior year’s losses.
• Major Contributors to Losses:
  • Inventory Impairment: An impairment provision of about RMB246.4 million was made for inventories, largely due to a decrease in the fair value of land held for development for sale.
  • Other Expenses: Other expenses increased by approximately RMB386.7 million, primarily as a result of investment losses.
  • Income Tax Expenses: Income tax expenses rose by roughly RMB207.2 million over the year.
• Financial Results Not Yet Finalized: The figures are based on the Board’s preliminary review of unaudited consolidated management accounts and may be subject to further adjustments once audited.
• Publication Timeline: The final, audited annual results for FY2025 are expected to be published by 27 March 2026.

Important Information for Shareholders

• Potential Price Sensitivity:
  • The significant increase in net loss signals deteriorating financial performance, which is likely to negatively impact investor sentiment and potentially affect the Company’s share price.
  • Substantial impairment on inventories and losses in investments highlight risks related to asset valuations and portfolio management.
  • Elevated tax expenses further exacerbate the Group’s financial strain.
• Caution Advised: Shareholders and potential investors are strongly advised to exercise caution when dealing in the Company’s securities due to the uncertainty surrounding the finalized results and the magnitude of losses reported.
• Final Results May Differ: The numbers announced are preliminary, unaudited, and subject to change after auditor and audit committee review.

Board Composition

• Executive Directors: Mr Luo Chengyu, Ms Wang Di, Mr Lun Chu Kwan
• Non-executive Director: Mr Lun Ruixiang (Chairman)
• Independent Non-executive Directors: Mr Chan Kin Man, Ms Ou Ningxin, Mr Chen Guilin

Summary for Investors

Huijing Holdings Company Limited has issued a serious profit warning, indicating that the Group’s net losses have more than doubled year-on-year. The underlying causes include substantial impairments on inventory (mainly land held for development), increased investment losses, and higher income tax expenses. These developments are highly relevant for shareholders and potential investors, as they are likely to be price sensitive and may exert downward pressure on the Company’s share value. Investors should await the official, audited results due by 27 March 2026 and exercise caution in their investment decisions.

Disclaimer: This article is based on preliminary, unaudited financial information disclosed by Huijing Holdings Company Limited and is intended solely for informational purposes. It does not constitute investment advice. The actual financial results may vary after audit. Investors are urged to do their own due diligence and consult professional advisors before making any investment decisions.

View HUIJING HLDGS Historical chart here