皖维高新(600063) - 2025 Q2 - 季度业绩预告

Performance Forecast Summary This section provides an overview of the company's anticipated significant financial growth for the first half of 2025, highlighting key projected performance indicators Core Performance Indicators Forecast The company anticipates significant growth in its 2025 first-half performance, with net profit attributable to shareholders and net profit after non-recurring items both projected to increase by over 80% Core Performance Indicators Forecast | Indicator | Estimated Amount (CNY 10,000s) | Year-over-Year Growth | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 23,500 - 26,500 | 81.34% - 104.48% | | Net Profit After Non-Recurring Items | 22,300 - 25,300 | 89.37% - 114.85% | - This performance forecast applies to scenarios where profitability is achieved, with net profit increasing by over 50% compared to the prior year[1] Performance Forecast Details and Prior Period Comparison This section details the company's preliminary financial projections for H1 2025 and provides a comparative review of the actual performance from the prior year's corresponding period Current Period Performance Forecast Details Preliminary financial estimates for H1 2025 project net profit attributable to shareholders between CNY 235 million and CNY 265 million, an 81.34% to 104.48% increase, and non-recurring adjusted net profit between CNY 223 million and CNY 253 million, an 89.37% to 114.85% increase, with these figures unaudited Current Period Performance Forecast | Item | 2025 H1 Estimated (CNY 10,000s) | 2024 H1 Actual (CNY 10,000s) | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 23,500 - 26,500 | 12,959.41 | +81.34% to +104.48% | | Net Profit After Non-Recurring Items | 22,300 - 25,300 | 11,775.63 | +89.37% to +114.85% | - The data in this performance forecast has not been audited by an auditing firm[2] Prior Year Period Performance Review In H1 2024, the company achieved net profit attributable to shareholders of CNY 129.59 million, net profit after non-recurring items of CNY 117.76 million, and basic earnings per share of CNY 0.06 2024 H1 Performance | Indicator | 2024 H1 Amount | | :--- | :--- | | Net Profit Attributable to Shareholders | 12,959.41 CNY (10,000s) | | Net Profit After Non-Recurring Items | 11,775.63 CNY (10,000s) | | Basic Earnings Per Share | 0.06 CNY | Analysis of Performance Growth Drivers This section analyzes the primary factors contributing to the anticipated strong performance, including market recovery, successful overseas expansion, high-value product growth, and improved cost efficiency Analysis of Main Business Impact Performance growth is primarily driven by four factors: recovering downstream markets leading to increased PVA sales and prices, successful overseas expansion boosting export volumes, strong sales of high-value-added new materials like PVA optical film enhancing profitability, and declining raw material costs improving product gross margins - The downstream market is recovering, with year-over-year sales growth for the company's main products, polyvinyl alcohol (PVA), vinyl acetate, and methyl acetate, and PVA achieving both volume and price increases[4] Export Volume Year-over-Year Growth | Product | Export Volume Year-over-Year Growth | | :--- | :--- | | PVA | Over 40% | | Methyl Acetate | Over 30% | | VAE Emulsion | Over 210% | - The company focuses on PVA downstream high-value-added new materials, with strong production and sales of products like PVA optical film significantly boosting profitability and shifting from a "cost leadership" to a "technology leadership" strategy[4] - Prices of raw materials such as coal, acetic acid, and PTA have significantly decreased year-over-year, leading to improved gross margins for products like PVA and polyester chips[4] - The company has strengthened cost control, steadily advanced cost reduction and efficiency improvements, and continuously enhanced operational efficiency[5] Impact of Non-Recurring Items Non-recurring gains and losses for the reporting period are estimated at approximately CNY 12 million, largely consistent with the prior year, and have no significant impact on overall company performance - Non-recurring gains and losses attributable to shareholders are estimated at approximately CNY 12 million for the reporting period, largely consistent with the prior year, with no significant impact on performance[5] Risk Warning and Other Explanations This section outlines the company's assessment of potential risks to the forecast's accuracy and provides important disclaimers regarding the preliminary nature of the reported financial data Risk Warning The company confirms there are no significant uncertainties affecting the accuracy of this performance forecast - The company confirms no significant uncertainties exist that would affect the accuracy of this performance forecast[6] Other Explanations The company advises investors that the announced data is preliminary, and final accurate financial figures will be based on the officially disclosed 2025 semi-annual report, urging caution regarding investment risks - The forecast data provided is preliminary, and the precise financial figures will be subject to the company's officially disclosed 2025 semi-annual report[8] - Investors are kindly advised to exercise caution regarding investment risks[8]