On January 12th, Ronbay Technology announced its earnings forecast, anticipating an annual net loss attributable to the parent company's shareholders in the range of Yuan 150 million to190 million for the fiscal year 2025. For Q4 2025, the company expects to achieve a net profit attributable to the parent company's shareholders of approximately Yuan 30 million, marking a return to profitability on a quarterly basis.
During the reporting period, the company faced performance pressure due to declining sales in the first three quarters. However, cathode material sales hit a yearly high in Q4, and the lithium manganese iron phosphate (LMFP) business achieved quarterly profitability. This led to a significant improvement in operational performance, resulting in a recovery of full-year profits.
Note: Given a Q3 net loss of Yuan 135 million, the estimated Q4 net profit translates to a range of Yuan 13.64 million to 53.64 million based on the provided annual and Q4 forecasts.
Edited by Cassie Li, lixiangying@mysteel.com
