近日，国晟科技（股票代码：603778）发布2025年业绩预告，预计全年归属于上市公司股东的净利润将出现亏损。公司表示，受光伏行业产能过剩、市场竞争加剧及产品价格持续下行等多重因素影响，其主营业务收入和毛利率均受到显著冲击。此外，公司在推进新技术研发和产能扩张过程中产生的阶段性成本上升，也进一步压缩了利润空间。尽管短期承压，国晟科技强调其在异质结（HJT）光伏电池领域的技术积累和产线布局仍具长期竞争力，并计划通过优化供应链、提升运营效率及加快高端产品商业化落地等方式，逐步改善经营状况。市场分析人士指出，当前光伏行业正处于深度调整期，具备核心技术与成本控制能力的企业有望在洗牌后脱颖而出。投资者需关注公司后续季度财报及行业政策变化，以判断其扭亏为盈的可行性与时间表。
Recently, Guosheng Technology (Stock Code: 603778) issued a profit warning for fiscal year 2025, forecasting a net loss attributable to shareholders of the listed company. The company cited multiple factors, including oversupply in the photovoltaic (PV) industry, intensified market competition, and persistent declines in product prices, which have significantly impacted its revenue and gross margins. Additionally, elevated costs associated with ongoing R&D investments and capacity expansion have further squeezed profitability. Despite short-term pressures, Guosheng emphasized its long-term competitive edge in heterojunction (HJT) PV cell technology and production capabilities. The company plans to improve its operational performance by optimizing its supply chain, enhancing operational efficiency, and accelerating the commercialization of high-end products. Market analysts note that the PV sector is currently undergoing a period of deep restructuring, and firms with strong core technologies and cost-control capabilities are likely to emerge stronger after the industry shakeout. Investors should closely monitor the company’s upcoming quarterly reports and policy developments to assess the feasibility and timeline for a return to profitability.
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