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方大炭素(600516) - 2025 Q2 - 季度业绩预告
FangDa CarbonFangDa Carbon(SH:600516)2025-07-14 12:05

Fangda Carbon 2025 H1 Earnings Forecast Core Summary of Earnings Forecast The company forecasts a significant year-over-year decline in H1 2025 net profit, with a more pronounced drop in adjusted net profit Key Forecast Metrics | Indicator | H1 2025 Forecast | YoY Change | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders (CNY million) | 50.02 - 60.00 | ↓ 65.13% to 70.93% | | Adjusted Net Profit (CNY million) | 10.16 - 12.20 | ↓ 94.15% to 95.12% | Details of the Current Period's Earnings Forecast The unaudited forecast for H1 2025 projects net profit between CNY 50.02-60.00 million and adjusted net profit between CNY 10.16-12.20 million H1 2025 Performance Forecast vs. Prior Year | Item | H1 2025 Forecast (CNY million) | YoY Decrease (CNY million) | YoY Decline | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 50.02 - 60.00 | 112.09 - 122.07 | 65.13% - 70.93% | | Adjusted Net Profit | 10.16 - 12.20 | 196.18 - 198.22 | 94.15% - 95.12% | - This earnings forecast has not been audited by a certified public accountant4 Review of Prior Year Period's Performance In H1 2024, the company achieved a net profit of CNY 172.09 million and an adjusted net profit of CNY 208.38 million H1 2024 Performance | Indicator (H1 2024) | Amount | | :--- | :--- | | Net Profit Attributable to Shareholders | CNY 172.09 million | | Adjusted Net Profit | CNY 208.38 million | | Earnings Per Share | CNY 0.0433 | Analysis of Reasons for the Decline in Performance The performance decline is attributed to weaker main business results and a significant reduction in non-recurring gains Impact from Main Business Operations Revenue and profit from main operations fell due to adverse macroeconomic conditions, shrinking demand, and intensified market competition - External factors for the decline include adverse macroeconomic conditions, reduced downstream market demand, and increased market competition8 - The company asserts its core competitiveness remains strong, citing its industrial layout, cost advantages, comprehensive product system, and low-leverage financial position8 Impact from Non-recurring Gains and Losses A substantial decrease in non-recurring gains, primarily from fair value changes and subsidies, significantly impacted the net profit comparison - Non-recurring gains and losses for H1 2025 are estimated to be approximately CNY 44.00 million8 - These gains primarily consist of fair value changes and government subsidies8 Risk Warnings and Other Disclosures The company cautions that this forecast is a preliminary, unaudited estimate and the final figures will be in the official H1 2025 report - This earnings forecast is a preliminary estimate by the company's finance department and has not been audited by a certified public accountant9 - The company states there are no material uncertainties that would affect the accuracy of this earnings forecast9 - Investors are advised that final, accurate financial data will be disclosed in the official 2025 semi-annual report and should consider investment risks10