STHC(SZ:000045) Zheng Quan Shi Bao Wang·2025-04-29 01:30Core Viewpoint - The company, Deep Textile A, reported steady operational performance in Q1 2025, with revenue of 778 million yuan and a net profit of 20.86 million yuan, reflecting a robust growth strategy in the polarized film sector [1][2]. Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 778 million yuan, a year-on-year increase of 2.18% [2][3]. - The net profit for the same period was 20.86 million yuan, indicating stable financial health [1]. - The net cash flow reached 274 million yuan, a significant increase of 766.14% year-on-year [1]. Group 2: Market Trends - The display panel market is experiencing a strong recovery, driven by the "old-for-new" policy in China and preemptive inventory demands in overseas markets [1][2]. - Despite being a traditional off-season, the large-size LCD panel market showed growth, with February 2025 revenues reaching 5.54 billion USD, a month-on-month increase of 3.15% and a year-on-year increase of 18.88% [1][2]. Group 3: Industry Position and Strategy - The domestic polarized film market is witnessing explosive growth due to the expansion of major panel manufacturers' capacities [3]. - Deep Textile A is positioned as a leading player in the domestic polarized film industry, capitalizing on the market recovery and achieving record highs in key financial metrics [2][3]. - The company plans to focus on core business areas, emphasizing capacity scaling, product differentiation, and innovation to enhance competitiveness [4].