STL(SZ:002648) Xin Lang Cai Jing·2025-04-09 08:26Group 1 - The company expects to achieve a net profit attributable to shareholders of 1.45 billion to 1.65 billion yuan in Q1 2025, representing a year-on-year increase of 41.79% to 61.35%, but a quarter-on-quarter decrease of 30.51% to 38.93% [1] - The average price of ethane in Q1 2025 is projected to be 27.17 cents per gallon, with a year-on-year increase of 39.30% and a quarter-on-quarter increase of 25.64%, indicating strong profitability despite rising costs [2] - The company is advancing its high-end new materials industrial park project, which is expected to enhance product structure and profitability, providing strong momentum for long-term development [2] Group 2 - The company is optimistic about the cost advantages in the C2 industry chain leading to substantial profits and high growth potential from new project launches, with projected net profits of 7.1 billion yuan, 9.2 billion yuan, and 11.1 billion yuan for 2025-2027 [3] - Corresponding EPS for 2025-2027 is expected to be 2.12 yuan, 2.72 yuan, and 3.30 yuan per share, with PE ratios of 10.8X, 8.4X, and 7.0X respectively, leading to a "buy" rating for the company [3]