Baosteel(SH:600019) Xin Lang Cai Jing·2025-08-28 06:25Group 1 - The company reported its 2025 semi-annual results, with revenue of 151.37 billion yuan, a year-on-year decrease of 7.28%, and a net profit attributable to shareholders of 4.88 billion yuan, a year-on-year increase of 7.36% [1] - In Q2 2025, the company achieved a net profit of 2.44 billion yuan, a year-on-year decrease of 6.63%, but a quarter-on-quarter increase of 0.44% [1] - The company maintained stable production with a steel output of 25.46 million tons, a year-on-year decrease of 0.62%, and sales of 25.31 million tons, a year-on-year decrease of 0.8% [1] Group 2 - The company achieved a gross profit per ton of steel of 271 yuan, a year-on-year increase of 56.53%, due to effective cost reduction measures [1] - Total expenses for the period were 4.82 billion yuan, a year-on-year increase of 1.6%, with R&D expenses at 1.68 billion yuan, a year-on-year increase of 7.8% [1] - The company reported a significant increase in core product sales, with "2+2+N" products achieving sales of 16.58 million tons, a year-on-year increase of 9.9% [2] Group 3 - The company is actively expanding its overseas market, with export orders totaling 3.32 million tons, a year-on-year increase of 9.4% [2] - The company plans to distribute cash dividends of 0.12 yuan per share, with a dividend payout ratio of approximately 52.58%, exceeding its commitment of 50% [2] - The company maintains its net profit forecasts for 2025-2027 at 9.97 billion, 10.99 billion, and 11.93 billion yuan, with corresponding PE ratios of 15, 14, and 13 times [2]