报告期内，公司优质头部客户订单稳定，部分客户终端产品市场反馈良好带动公司锂盐产品第三季度销 量大幅增长，公司加强生产运营各环节管控，加强矿、产、销平衡，提高效率，降低成本，使公司经营 业绩回升向好，较去年同期有所增长。经初步核算，预计2025年前三季度归属于上市公司股东的净利润 为32,000万元—36,000万元，同比增长106.97%—132.84%；其中第三季度单季度归属于上市公司股东的 净利润为18,422.67万元—22,422.67万元，环比增长245.58%-320.62%，同比增长251.37%—327.66%。 格隆汇10月14日丨雅化集团(002497.SZ)公布，预计前三季度归属于上市公司股东的净利润32,000.00万 元—36,000.00万元，比上年同期增长106.97%—132.84%，扣除非经常性损益后的净利润25,500.00万元 —29,500.00万元，比上年同期增长126.75%—162.32%。 ...

报告期内，公司优质头部客户订单稳定，部分客户终端产品市场反馈良好带动公司锂盐产品第三季度销 量大幅增长。 雅化集团(002497.SZ)披露2025年前三季度业绩预告，公司预计归属于上市公司股东的净利润3.2亿元至 3.6亿元，同比增长106.97%至132.84%;扣除非经常性损益后的净利润2.55亿元至2.95亿元，同比增长 126.75%至162.32%。 ...

Core Viewpoint - Yahua Group (SZ 002497) expects a significant increase in net profit for the first three quarters of 2025, projecting between 320 million to 360 million yuan, representing a year-on-year growth of 106.97% to 132.84% [1] Financial Performance - The basic earnings per share are estimated to be between 0.2776 yuan and 0.3123 yuan [1] - The increase in performance is attributed to stable orders from high-quality clients and positive market feedback for certain end products, leading to a substantial increase in lithium salt product sales in the third quarter [1] - The company has improved operational efficiency by enhancing control over production processes and balancing mining, production, and sales, resulting in a recovery in business performance compared to the previous year [1] Revenue Composition - For the first half of 2025, Yahua Group's revenue composition is as follows: lithium industry accounts for 51.54%, civil explosives production for 42.81%, and transportation services for 5.66% [1] Market Capitalization - As of the report date, Yahua Group's market capitalization stands at 17.3 billion yuan [1]

【雅化集团：前三季度净利同比预增107%-133% 锂盐产品第三季度销量大幅增长】智通财经10月14日 电，雅化集团(002497.SZ)发布2025年前三季度业绩预告，预计归属于上市公司股东的净利润为3.20亿 元-3.60亿元，比上年同期增长106.97%-132.84%。报告期内，公司优质头部客户订单稳定，部分客户终 端产品市场反馈良好带动锂盐产品第三季度销量大幅增长，同时加强矿、产、销平衡，提高效率，降低 成本，经营业绩显著提升。 转自：智通财经 ...

南财智讯10月14日电，雅化集团发布前三季度业绩预告，预计前三季度归属于上市公司股东的净利润为 32,000.00万元—36,000.00万元，同比预增106.97%—132.84%；预计前三季度归属于上市公司股东的扣 除非经常性损益的净利润为25,500.00万元—29,500.00万元，同比预增126.75%—162.32%。报告期内， 公司优质头部客户订单稳定，部分客户终端产品市场反馈良好带动公司锂盐产品第三季度销量大幅增 长，公司加强生产运营各环节管控，加强矿、产、销平衡，提高效率，降低成本，使公司经营业绩回升 向好，较去年同期有所增长。 ...

每经AI快讯，10月14日，雅化集团(002497.SZ)发布2025年前三季度业绩预告，预计归属于上市公司股 东的净利润为3.20亿元-3.60亿元，比上年同期增长106.97%-132.84%。报告期内，公司优质头部客户订 单稳定，部分客户终端产品市场反馈良好带动锂盐产品第三季度销量大幅增长，同时加强矿、产、销平 衡，提高效率，降低成本，经营业绩显著提升。 ...

Core Viewpoint - Yahua Group expects net profit for the first three quarters of 2025 to be between 320 million and 360 million yuan, representing a year-on-year increase of 106.97% to 132.84% [1] Financial Performance - The estimated net profit for the third quarter is projected to be between 184 million and 224 million yuan, indicating a quarter-on-quarter growth of 245.58% to 320.62% and a year-on-year increase of 251.37% to 327.66% [1] Operational Highlights - The company has maintained stable orders from high-quality key customers, with positive market feedback on some customers' end products, leading to a significant increase in sales of lithium salt products in the third quarter [1] - Yahua Group has enhanced control over various operational processes, improving efficiency and reducing costs, which has contributed to the recovery and improvement of its business performance [1]

四川雅化实业集团股份有限公司 证券代码：002497 证券简称：雅化集团 公告编号：2025-51 2、业绩预告情况：预计净利润为正值且属于同向上升情形 2025 年前三季度业绩预告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 一、本期业绩预计情况 单位：万元 | 项 目 | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司股 东的净利润 | | 32,000.00 | — | 36,000.00 | 15,461.31 | | | 比上年同期增长 | 106.97% | — | 132.84% | | | 扣除非经常性损益 后的净利润 | | 25,500.00 | — | 29,500.00 | 11,245.81 | | | 比上年同期增长 | 126.75% | — | 162.32% | | | 基本每股收益（元/ 股） | | 0.2776 | — | 0.3123 | 0.1341 | 二、与会计师事务所沟通情况 公司就业绩预告已与会计师事务所进行了预沟通， ...

Market Overview - In Q2 2025, lithium resource clearing was below expectations, with lithium prices continuing to decline to 60,000 yuan/ton [2] - The growth rate of lithium salt production in China slowed down in Q2 2025 [2] - Due to weak demand, social inventory of lithium salt remained high at over 150,000 tons [2] Company Performance - In Q2 2025, listed companies increased revenue by 3% year-on-year by compensating volume for price [3] - Net profit attributable to shareholders decreased by 9% year-on-year due to reduced gross profit and inventory impairment losses [3] - Gross and net profit margins were reported at 22.36% and 9.13%, respectively, indicating a reversal trend [3] - Financial expenses decreased in 2024, while management and sales expenses have limited room for reduction [3] - Capital expenditures remained at a cyclical low [3] - Debt repayment capability remained stable and within a reasonable range [3] Industry Changes - Chinese companies showed a very low willingness to reduce production, with lithium prices dropping from 74,000 yuan/ton to 60,000 yuan/ton, further compressing profit margins [4] - Some companies reported net losses, such as Shengxin Lithium Energy with a net loss of 165 million yuan and Zhongmin (Hong Kong) with a net loss of 210 million yuan in H1 2025 [4] - Despite some companies experiencing losses, their debt repayment capabilities remained relatively stable, with overall leverage still in a safe zone [4] - Capital expenditures have slowed down, with total capital expenditure for sample companies at 4.1 billion yuan, a year-on-year decrease of 8.0%, indicating that the lithium cycle turning point is approaching [5]

Investment Rating - The industry investment rating is "Positive" [4] Core Viewpoints - The lithium mining industry is experiencing a gradual stabilization after a period of clearing out excess inventory, with signs of a cyclical turning point approaching [2][3] - The report highlights that the performance of listed lithium companies is under pressure due to declining lithium prices and increased inventory levels, but there are indications of potential recovery in the second half of 2025 [8][10] Market Analysis - Lithium prices fell to 60,000 yuan/ton in Q2 2025, down from 74,000 yuan/ton, reflecting a continued downward trend due to oversupply [10] - The production growth rate of lithium salts in China slowed, with Q2 2025 production at 299,000 tons, a year-on-year increase of 4% [11] - Social inventory of lithium salts remained high at over 150,000 tons due to weak demand [16] Company Performance - The total operating revenue of the 12 listed lithium companies reached 35.36 billion yuan in Q2 2025, a year-on-year increase of 3% [21] - The net profit attributable to shareholders decreased by 9% year-on-year to 3.227 billion yuan in Q2 2025, impacted by reduced gross profit and inventory impairment losses [25] - The gross margin for the companies was 22.36%, showing a reversal trend, while the net margin was 9.13% [33][36] Financial Metrics - The total expenses for the 12 companies amounted to 2.287 billion yuan in Q2 2025, a decrease of 16.3% year-on-year [40] - Capital expenditures for the companies totaled 11.5 billion yuan in H1 2025, indicating a slowdown in investment as the industry approaches a cyclical bottom [53] - The debt repayment capability remains stable, with an average cash ratio of 0.64 and a debt-to-asset ratio of 26.25% [61][62]