华盛锂电连亏两年半 2022年上市即巅峰超募18.7亿

Core Viewpoint - 华盛锂电 reported a significant increase in revenue for the first half of 2025, but continued to face net losses, indicating ongoing financial challenges despite revenue growth [1][2]. Financial Performance Summary - For the first half of 2025, the company achieved operating revenue of 350 million CNY, representing a year-on-year increase of 72.02% compared to 203 million CNY in the same period last year [1][2]. - The net profit attributable to shareholders was -72.74 million CNY, slightly worse than the -72.52 million CNY reported in the previous year [1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -78.51 million CNY, an improvement from -89.67 million CNY year-on-year [1][2]. - The net cash flow from operating activities was -183 million CNY, compared to -51.64 million CNY in the same period last year [1][2]. Previous Year Comparison - In 2024, the company reported operating revenue of 505 million CNY, a decrease of 3.83% from 525 million CNY in 2023 [3]. - The net profit attributable to shareholders for 2024 was -174.67 million CNY, compared to a profit of 23.91 million CNY in 2023 [3]. - The net profit after deducting non-recurring gains and losses was -208.51 million CNY, worsening from -63.33 million CNY in the previous year [3]. - The net cash flow from operating activities for 2024 was -110.66 million CNY, an improvement from -134.89 million CNY in 2023 [3]. Company Background - 华盛锂电 was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 13, 2022, with an initial issuance of 28 million shares at a price of 98.35 CNY per share [3]. - The company raised a total of 2.754 billion CNY from its initial public offering, with a net amount of 2.567 billion CNY after deducting issuance costs [4]. - The funds raised are intended for projects including the annual production of 6,000 tons of vinyl carbonate and 3,000 tons of fluorinated ethylene carbonate, as well as the construction of a research and development center [4].