云南锗业(002428) - 2025 Q2 - 季度业绩预告

Performance Forecast Overview: Achieving Turnaround The company anticipates a significant turnaround in the first half of 2025, with net profit attributable to shareholders projected between 16 million CNY and 23 million CNY, a substantial improvement from the 9.2444 million CNY loss in the prior year, and non-recurring net profit also turning profitable, estimated at 5.5 million CNY to 8 million CNY Key Performance Indicators | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Profit: 16 million CNY – 23 million CNY | Loss: 9.2444 million CNY | | Net Profit After Deducting Non-Recurring Gains and Losses | Profit: 5.5 million CNY – 8 million CNY | Loss: 17.2321 million CNY | | Basic Earnings Per Share | Profit: 0.024 CNY/share – 0.035 CNY/share | Loss: 0.014 CNY/share | Analysis of Performance Change: Core Product Volume and Price Increases The core drivers for performance improvement are the dual increases in sales volume and prices of key products, benefiting from high demand in downstream markets like low-orbit satellite communication and optical communication, leading to increased sales revenue and gross margin across various germanium and indium phosphide products - Photovoltaic-grade germanium products saw a significant year-over-year increase in sales volume due to rising market demand driven by the advancement of low-orbit communication satellite constellations[4] - Infrared-grade germanium products (lens blanks) achieved increased sales volume and higher unit prices through the delivery of initial contracts[4] - Fiber-optic grade germanium products experienced both volume and price increases due to the delivery of initial contracts and new orders[4] - Indium phosphide products saw increased sales volume benefiting from the improved prosperity of the optical communication market[4] - Material-grade germanium products experienced a price increase despite a decrease in sales volume[4] Other Explanations and Risk Warnings The company's management advises that this performance forecast is a preliminary estimate by the financial department, not yet communicated with auditors, and investors should exercise caution as final accurate financial data will be disclosed in the 2025 semi-annual report - This performance forecast has not been pre-communicated with the accounting firm[3] - The forecast data represents preliminary estimates by the company's financial department, with final figures subject to the 2025 semi-annual report, urging investors to make cautious decisions[6]