BHCC(SH:600800)2026-03-27 10:30Financial Performance - In 2025, the total operating revenue was CNY 332,994.10 million, a decrease of 30.39% compared to the previous year[4] - The net profit attributable to shareholders was CNY -64,634.23 million, an increase in loss of 2.25% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY -77,533.15 million, an increase in loss of 11.94% year-on-year[4] - The basic earnings per share were CNY -0.58, indicating a non-applicable change compared to the previous year[4] - The weighted average return on net assets was -44.90%, a decrease of 14.45 percentage points compared to the previous year[4] Asset and Equity - The total assets at the end of the reporting period were CNY 440,503.86 million, reflecting a growth of 12.84% from the beginning of the year[6] - The equity attributable to shareholders decreased by 36.46% to CNY 112,016.91 million due to losses incurred[8] Market Conditions - The average selling price of propylene (excluding tax) was CNY 5,791.71 per ton, down 5.92% from CNY 6,155.83 per ton in 2024[7] - The gross profit margin for the main product, propylene, remained negative, contributing to the operating loss in 2025[7] - The company faced challenges due to overcapacity and weak demand in the PDH industry, exacerbated by high raw material costs from import tariffs[7]