红星发展(600367) - 2025 Q2 - 季度业绩预告

Performance Forecast Summary The company anticipates significant growth in its 2025 half-year performance, with net profit attributable to shareholders projected to reach 62 million to 90 million yuan, an increase of 163.27% to 282.17%, and non-recurring net profit expected to be 61 million to 89 million yuan, up by 166.03% to 288.14% Key Performance Indicators The company expects substantial increases in both net profit attributable to the parent and non-recurring net profit for the first half of 2025 Key Performance Indicators (Million Yuan) | Indicator | 2025 Half-Year Forecast | 2024 Half-Year (Prior Period) | Year-over-Year Growth | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent | 62.00 - 90.00 | 23.55 | 163.27% - 282.17% | | Non-recurring Net Profit Attributable to Parent | 61.00 - 89.00 | 22.93 | 166.03% - 288.14% | - This performance forecast applies to situations where profitability is achieved, and net profit attributable to shareholders increases by over 50% compared to the prior year[2] Details of Current Period Performance Forecast This section provides specific financial data and the audit status for the company's performance forecast covering the first half of 2025 Performance Forecast Period The financial data for this performance forecast covers the period from January 1, 2025, to June 30, 2025 - The performance forecast period is from January 1, 2025, to June 30, 2025[3] Specific Performance Forecast Data Preliminary calculations indicate significant year-over-year growth in both net profit attributable to shareholders and non-recurring net profit for the first half of 2025 Performance Forecast Data (Million Yuan) | Item | Estimated Amount (million yuan) | Year-over-Year Change (million yuan) | Year-over-Year Growth Rate | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent | 62.00 - 90.00 | Increase 38.45 - 66.45 | 163.27% - 282.17% | | Non-recurring Net Profit Attributable to Parent | 61.00 - 89.00 | Increase 38.07 - 66.07 | 166.03% - 288.14% | Audit Status The performance forecast data for this period has not been audited by a certified public accountant - This performance forecast has not been audited by a certified public accountant[5] Prior Period Performance Review This section reviews the company's operating performance and financial status for the same period in the previous year Prior Period Performance In the same period of 2024, the company achieved a net profit attributable to shareholders of 23.55 million yuan, with non-recurring net profit of 22.93 million yuan, and earnings per share of 0.07 yuan 2024 Prior Period Performance (Million Yuan) | Indicator | 2024 Prior Period Amount | | :--- | :--- | | Total Profit | 41.27 | | Net Profit Attributable to Parent | 23.55 | | Non-recurring Net Profit Attributable to Parent | 22.93 | | Earnings Per Share | 0.07 | Analysis of Performance Growth Drivers This section details the primary factors contributing to the significant increase in the company's performance during the current period Performance Growth Drivers The current period's performance growth is primarily attributed to three factors: an increase in sales prices of main products such as barium carbonate and strontium carbonate, higher sales volumes of high-value-added products like high-purity barium and barium hydroxide, and a reduction in asset impairment losses due to decreased high-purity manganese sulfate inventory - Increased prices of main products: The company adjusted sales prices for products such as barium carbonate, strontium carbonate, barium sulfate, and sulfur in response to market conditions, leading to a year-over-year price increase and enhanced profitability[8] - Increased sales volume of high-value-added products: The company intensified sales efforts for high-value-added products like high-purity barium, barium hydroxide, and high-purity strontium, resulting in higher sales volumes and increased profit contributions[8] - Reduced asset impairment losses: Both the production and period-end inventory of high-purity manganese sulfate decreased year-over-year during the reporting period, leading to a corresponding reduction in asset impairment losses recognized for the current period[8] Risk Warning This section highlights potential risks associated with the performance forecast, particularly regarding its accuracy Accuracy of Performance Forecast The company confirms that this performance forecast data is unaudited, but there are no significant uncertainties affecting its accuracy - The company's performance forecast for this period is unaudited, and there are no significant uncertainties affecting the accuracy of this forecast[9] Other Explanations This section provides additional information regarding the preliminary nature of the data and advises investors on associated risks Data Explanation The data in this announcement represents preliminary calculations, and the final accurate financial data will be subject to the company's 2025 half-year report disclosed on August 23, 2025; investors are advised to be aware of investment risks - The forecast data is preliminary, and the final data will be based on the half-year report disclosed on August 23, 2025[10] - Investors are reminded to be aware of investment risks[10]