翔丰华上半年实现营收6.88亿元，净利润同比由盈转库

Core Viewpoint - The company reported a decline in revenue and a net loss for the first half of 2025, primarily due to increased competition and falling product prices in the graphite anode materials industry [2] Financial Performance - Revenue for the first half of 2025 was 687,591,351.12 yuan, a year-on-year decrease of 2.8% [2] - The net loss attributable to shareholders was 2,945,933.47 yuan, a shift from profit to loss compared to the previous year [2] - The net loss after deducting non-recurring gains and losses was 14,797,234.41 yuan, also a shift from profit to loss year-on-year [2] - Total assets amounted to 4,711,012,343.51 yuan, reflecting a year-on-year growth of 6.19% [2] - Net assets attributable to shareholders were 2,167,008,321.62 yuan, showing a slight decline of 0.14% year-on-year [2] - Basic earnings per share were 0.0247 yuan per share [2] Industry Context - The decline in performance is attributed to an imbalance in supply and demand in the graphite anode materials sector, exacerbated by increased market competition and falling product prices [2] - The company specializes in the research, production, and sales of lithium battery anode materials, primarily focusing on graphite anode materials used in various applications including electric vehicles, consumer electronics, and industrial energy storage [2] - The company is also involved in the development of new carbon materials, including silicon-carbon anodes, hard carbon anodes, and graphene, and has established the basic conditions for industrialization in these areas [2]