恩捷股份(002812) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company anticipates a shift from profit to loss in H1 2025, with net profit attributable to shareholders projected to be a loss of 82.65 million CNY to 107.35 million CNY 2025 Semi-Annual Performance Forecast (Compared to Prior Year) | Item | Current Period (2025.01.01 - 2025.06.30) | Prior Year Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: 82.65 million CNY - 107.35 million CNY | Profit: 291.0274 million CNY | | Net Profit Attributable to Shareholders After Non-Recurring Items | Loss: 83.20 million CNY - 107.90 million CNY | Profit: 259.5074 million CNY | | Basic Earnings Per Share | Loss: 0.09 CNY/share - 0.11 CNY/share | Profit: 0.30 CNY/share | Communication with Accounting Firm The company explicitly states that the financial data in this performance forecast has not been audited by an accounting firm - The financial data related to this performance forecast has not been audited by an accounting firm[4] Explanation of Performance Change The shift from profit to loss is primarily due to declining gross margins for lithium battery separator films, losses in new businesses, increased expenses from overseas base construction, and potential inventory impairment, despite core wet-process separator film sales growth and positive operating cash flow - Primary reasons for the loss include: - Year-over-year decline in gross margin for the main product, lithium battery separator film[5] - Aluminum-plastic film, dry-process separator film, and some forward-looking business segments are operating at a loss[6] - Increased expenses from overseas production base construction and operation, pressuring short-term performance[6] - The company intends to make impairment provisions for certain inventories based on prudence principles[6] - Despite the overall loss, the company's core businesses show strengths: - Significant year-over-year increase in sales volume for the core wet-process lithium battery separator film business[5] - Operating net cash flow remains positive[5] - Domestic wet-process lithium battery separator film business remains profitable overall, maintaining industry-leading market share[5] - The company's future strategy will continue to focus on the lithium battery separator film business, strengthening R&D, optimizing product structure, and seizing overseas market development opportunities[6] Risk Warning and Other Related Explanations The company warns that this performance forecast is a preliminary financial estimate, with final accurate data to be disclosed in the 2025 semi-annual report, advising investors to exercise caution - This performance forecast is a preliminary calculation by the company's finance department; final data will be based on the 2025 semi-annual report, so investors are advised to exercise caution[7]