昊华科技(600378) - 2025 Q2 - 季度业绩预告

Summary of Performance Forecast The company anticipates a substantial increase in H1 2025 net profit attributable to shareholders, with re-stated figures showing 10.00% to 21.18% growth and non-recurring net profit up 55.84% to 72.11% H1 2025 Performance Forecast Core Data | Indicator | Estimated Amount (RMB million) | YoY Growth (vs. Restated) | YoY Growth (vs. Pre-Restated) | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 590.00 - 650.00 | 10.00% - 21.18% | 59.30% - 75.50% | | Non-Recurring Net Profit Attributable to Shareholders | 575.00 - 635.00 | 55.84% - 72.11% | 55.84% - 72.11% | - This performance forecast falls under the category of 'achieving profitability with net profit increasing by over 50% compared to the same period last year'[2] Details of Current Period Performance Forecast This section details H1 2025 performance forecasts, including estimated ranges for net profit attributable to shareholders and non-recurring net profit, with comparisons against both pre-restated and restated prior-year data, noting the forecast is unaudited H1 2025 Net Profit Attributable to Shareholders Forecast | Comparison Basis | Estimated Increase (RMB million) | YoY Growth Rate | | :--- | :--- | :--- | | vs. Prior Period (Pre-Restatement) | 219.63 - 279.63 | 59.30% - 75.50% | | vs. Prior Period (Restated) | 53.62 - 113.62 | 10.00% - 21.18% | H1 2025 Non-Recurring Net Profit Attributable to Shareholders Forecast | Comparison Basis | Estimated Increase (RMB million) | YoY Growth Rate | | :--- | :--- | :--- | | vs. Prior Period (Pre-Restatement) | 206.04 - 266.04 | 55.84% - 72.11% | | vs. Prior Period (Restated) | 206.04 - 266.04 | 55.84% - 72.11% | - The company completed a business combination under common control with Sinochem Lantian Group Co., Ltd. and Guilin Lanyu Aviation Tire Development Co., Ltd. in 2024, leading to restatement of prior-year financial data[5] - The performance forecast data is unaudited by a certified public accountant[5] Prior Period Performance Review This section provides prior-year financial benchmarks, distinguishing between pre-restatement and post-restatement figures, with restated net profit attributable to shareholders and EPS showing significant increases Prior Period Financial Data (Pre- vs. Post-Restatement) | Indicator | Pre-Restatement (RMB million) | Post-Restatement (RMB million) | | :--- | :--- | :--- | | Total Profit | 408.26 | 624.01 | | Net Profit Attributable to Shareholders | 370.37 | 536.38 | | Non-Recurring Net Profit Attributable to Shareholders | 368.96 | 368.96 | | Earnings Per Share (RMB) | 0.41 | 0.49 | Analysis of Performance Increase Reasons Performance growth is primarily driven by scale expansion and integration synergies from last year's major asset restructuring, sustained high prices of core refrigerant products boosting gross profit, and internal quality and efficiency improvement initiatives - Following the merger with Sinochem Lantian Group and Guilin Lanyu Aviation Tire Development Co., Ltd., the company's asset scale and operating revenue significantly increased[8] - Integrated management of fluorochemical business is implemented, with integration synergies gradually emerging[8] - The company's refrigerant product prices remained high and increased, driving an increase in gross profit[8] - The company continuously carried out excellent operation, quality improvement, and efficiency enhancement initiatives, promoting operating performance growth[8] Risk Warning and Other Disclosures The company confirms no significant uncertainties affect this performance forecast's accuracy, but reminds investors that disclosed data is preliminary, with final figures subject to the official H1 2025 report, advising investment risk awareness - The company confirms there are no significant uncertainties affecting the accuracy of this performance forecast[9] - Investors are advised that the forecast data is a preliminary result, and specific financial data will be subject to the official semi-annual report, requiring attention to investment risks[10]