这一锂电池材料行情回暖 天际股份一个季度实现全年业绩“大翻身”

Core Viewpoint - Tianji Co., Ltd. (SZ002759) is expected to turn a profit in 2025, forecasting a net profit of 70 million to 105 million yuan, a significant recovery from a loss of approximately 1.36 billion yuan in the previous year [2][3] Financial Performance - The company anticipates a net profit attributable to shareholders of 70 million to 105 million yuan for 2025, compared to a loss of 1.36 billion yuan in the same period last year [3] - The expected net profit after deducting non-recurring gains and losses is projected to be between 60 million and 90 million yuan, up from a loss of approximately 1.37 billion yuan in the previous year [3] - Basic earnings per share are forecasted to be between 0.14 yuan and 0.21 yuan, recovering from a loss of 2.71 yuan per share in the previous year [3] Market Dynamics - The recovery in profitability is attributed to the rapid growth in demand for new energy vehicles and energy storage markets, leading to an increase in sales prices of lithium hexafluorophosphate, a key product for lithium-ion batteries [6] - The lithium hexafluorophosphate index saw a significant increase of 167.2% from early April to mid-November 2025, indicating a strong market trend [7] Regulatory Issues - The company has received administrative regulatory measures from the Guangdong Securities Regulatory Commission and a regulatory letter from the Shenzhen Stock Exchange due to issues related to goodwill impairment testing, inaccurate financial accounting, and non-compliance with information disclosure [5][9] - Specific violations include inadequate forecasting in goodwill impairment testing and failure to properly account for employee compensation, leading to inaccuracies in financial reports [9]