三友化工(600409) - 2025 Q2 - 季度业绩预告

Summary of Performance Forecast Tangshan Sanyou Chemical announced a significant year-over-year decline in net profit attributable to shareholders and non-recurring net profit for H1 2025, primarily due to weakened profitability from unfavorable market conditions for its main products Key Performance Indicators Forecast | Metric | Change | | :--- | :--- | | Net Profit Attributable to Shareholders | Expected decrease of approximately CNY 255 million, down about 78% | | Non-recurring Net Profit Attributable to Shareholders | Expected decrease of approximately CNY 279 million, down about 86% | - The performance forecast applies to situations where profitability is achieved, but net profit declines by over 50% compared to the prior year[2] Details of Current Period Performance Forecast (H1 2025) The company's finance department estimates H1 2025 net profit attributable to shareholders at approximately CNY 73 million and non-recurring net profit at approximately CNY 46 million, with these figures unaudited H1 2025 Performance Forecast Details | Item | Estimated Amount (H1 2025) | Year-over-Year Change | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Approx. CNY 73 million | Decrease of approx. CNY 255 million (-78%) | | Non-recurring Net Profit Attributable to Shareholders | Approx. CNY 46 million | Decrease of approx. CNY 279 million (-86%) | - The forecasted performance figures are unaudited by a certified public accountant[4] Prior Period Performance Review (H1 2024) In H1 2024, the company achieved net profit attributable to shareholders of CNY 328 million, non-recurring net profit of CNY 324 million, and basic earnings per share of CNY 0.1587, serving as the basis for current period comparisons H1 2024 Performance Overview | Item | Amount (H1 2024) | | :--- | :--- | | Total Profit | CNY 593.451 million | | Net Profit Attributable to Shareholders | CNY 327.6495 million | | Non-recurring Net Profit Attributable to Shareholders | CNY 324.4971 million | | Earnings Per Share | CNY 0.1587 | Analysis of Performance Decline Reasons The core reason for the significant performance decline is a deteriorating market environment, with main products facing insufficient downstream demand and exacerbated supply-demand imbalances, leading to continuous price drops and high raw material costs, primarily impacting the soda ash segment despite improvements in chemical fiber, chlor-alkali, and organic silicon sectors - Market Environment: Insufficient downstream demand and prominent supply-demand imbalances for main products led to continuous price declines[6] - Cost Pressure: Upstream raw material prices remained high, eroding the company's profitability[6] - Segment Performance Divergence: The soda ash segment was the primary source of profit reduction, while improvements in chemical fiber, chlor-alkali, and organic silicon segments were insufficient to offset its negative impact[6] Risk Warning and Other Disclosures The company explicitly states that the performance forecast data is a preliminary, unaudited financial estimate, which may differ from the final audited figures, and confirms no other significant uncertainties affecting accuracy, advising investors to refer to the final H1 2025 report and be aware of investment risks - Data Nature: The forecast data represents preliminary calculations and has not been audited by a certified public accountant[7] - Final Data: The specific and accurate financial data will be based on the company's officially disclosed H1 2025 semi-annual report[8] - The company declares no significant uncertainties exist that would affect the accuracy of this performance forecast[7]