Zhejiang Hailide New Material (SZ:002206) Zheng Quan Zhi Xing·2025-07-10 16:04Performance Forecast - The company expects a net profit attributable to shareholders of between 280 million to 310 million yuan, representing a year-on-year growth of 47.65% to 63.47% [1] - The net profit after deducting non-recurring losses is projected to be between 325 million to 355 million yuan, indicating a year-on-year increase of 74.07% to 90.14% [1] - Basic earnings per share are estimated to be between 0.25 yuan to 0.27 yuan, compared to 0.16 yuan in the same period last year [1] Reasons for Performance Changes - The company reported good operational performance across all business segments, driven by improved market confidence, price system recovery, and internal management reforms aimed at cost reduction and efficiency enhancement [1] - The gross profit margins for industrial yarn products and tire cord fabric products have increased, particularly due to the optimized sales structure of the company's subsidiary in Vietnam, which significantly improved profitability compared to the previous year [1] Non-Recurring Gains and Losses - The impact of non-recurring gains and losses during the reporting period was primarily related to foreign exchange risk management, where the company engaged in forward foreign exchange contracts and options to hedge against currency fluctuations [2] - The depreciation of the yuan against the euro since the second quarter resulted in exchange gains from euro-denominated assets, while investment losses and floating losses from forward contracts were recorded as non-recurring losses [2] - The company achieved a neutral foreign exchange management principle through the offsetting of these gains and losses [2]