HYPC(SZ:000703) Sou Hu Cai Jing·2025-08-13 12:47Core Viewpoint - Hengyi Petrochemical's recent financial performance shows significant declines in revenue and profit, indicating potential challenges ahead for the company [1]. Financial Performance - As of the first quarter of 2025, Hengyi Petrochemical reported total revenue of 27.168 billion yuan, a year-on-year decrease of 14.18% [1]. - The net profit attributable to shareholders was 51.4948 million yuan, down 87.55% year-on-year [1]. - The non-recurring net profit was 8.171 million yuan, reflecting a 97.40% decrease compared to the previous year [1]. - The company's liquidity ratios are concerning, with a current ratio of 0.668 and a quick ratio of 0.390 [1]. - The asset-liability ratio stands at 72.38%, indicating a high level of debt relative to assets [1]. Market Activity - On August 13, 2025, Hengyi Petrochemical's stock closed at 5.98 yuan, down 0.33% with a turnover rate of 0.36% [1]. - The trading volume was 130,700 hands, with a total transaction value of 78.1843 million yuan [1]. - There was a net outflow of main funds amounting to 15.6826 million yuan, accounting for 20.06% of the transaction value [1]. - Large orders saw a net outflow of 16.6362 million yuan, making up 21.28% of the transaction value [1]. Company Background - Hengyi Petrochemical Co., Ltd. was established in 1996 and is primarily engaged in the chemical fiber manufacturing industry [2]. - The company is located in Qinzhou and has a registered capital of 36.6626 billion yuan, with paid-in capital of 17.4527 billion yuan [1][2]. - The legal representative of the company is Qiu Yibo [1].