特变电工(600089) - 2025 Q2 - 季度业绩

TBEA Co., Ltd. 2025 Semi-Annual Performance Express Report Key Financial Data and Indicators In the first half of 2025, the company achieved stable growth in total operating revenue, increasing by 1.12%, with operating profit and total profit seeing significant increases of 17.04% and 15.62% respectively, while net profit attributable to shareholders slowed to 5.00% and net profit excluding non-recurring gains and losses decreased by 5.30% year-on-year, indicating pressure on core profitability, though total assets and shareholders' equity maintained steady growth Key Financial Data for H1 2025 (Unit: Billion CNY) | Item | Current Period | Prior Period (Adjusted) | Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 484.01 | 478.63 | 1.12% | | Operating Profit | 43.84 | 37.46 | 17.04% | | Total Profit | 44.23 | 38.25 | 15.62% | | Net Profit Attributable to Shareholders of the Listed Company | 31.84 | 30.32 | 5.00% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items | 27.87 | 29.44 | -5.30% | | Basic Earnings Per Share (CNY) | 0.6342 | 0.6040 | 5.00% | | Total Assets (Period-end) | 2,207.99 | 2,079.68 (Period-start) | 6.17% | | Equity Attributable to Shareholders (Period-end) | 717.88 | 674.99 (Period-start) | 6.35% | - The company retrospectively adjusted prior period financial statement data due to a business combination under common control[3] - When calculating indicators such as earnings per share, the total share capital has excluded 32,543,837 shares cumulatively repurchased[4] Explanation of Operating Performance and Financial Position The company leveraged the synergistic advantages of its four major industries—power transmission and transformation, new energy, new materials, and energy—to successfully navigate challenges from declining polysilicon and coal prices, achieving stable overall performance, and plans to further deepen its industrial layout, expand domestic and international markets, and foster new growth points through major projects like coal-to-gas initiatives - The company achieved stable development by leveraging synergistic growth across its four major industries, seizing opportunities in new power system construction and international markets, and overcoming adverse impacts from declining polysilicon and coal prices[5] - Company strategic outlook: Adhere to synergistic development across four major industries, vigorously expand domestic and international markets, and build future growth poles by accelerating major project construction, such as the 2 billion Nm³/year coal-to-gas project[5] Risk Warning The report emphasizes that the financial data presented in this performance express report are preliminary and unaudited, with final figures subject to the company's officially disclosed 2025 semi-annual report, cautioning investors about associated risks - The financial data contained in this announcement are preliminary and unaudited by an accounting firm, with specific figures subject to the company's 2025 semi-annual periodic report[6]