每周股票复盘：中化国际（600500）预计2025年扣非净亏损18.37亿至22.96亿元

Core Viewpoint - Zhonghua International (600500) is expected to report a significant net profit loss for the year 2025, with projections indicating a loss between 18.37 billion yuan and 22.96 billion yuan, primarily due to declining chemical product prices [2][4]. Group 1: Performance Disclosure Highlights - Zhonghua International's forecast for 2025 indicates a net profit attributable to shareholders of the parent company ranging from -24.11 billion yuan to -19.29 billion yuan, representing a year-on-year reduction in losses of 15% to 32% [3][4]. - The company's net profit after excluding non-recurring gains and losses is projected to be between -22.96 billion yuan and -18.37 billion yuan, with a year-on-year reduction in losses of 38% to 51% [3][4]. Group 2: Company Announcement Summary - The primary reason for the expected losses is the decline in chemical product prices, although the company has implemented cost reduction and efficiency improvement measures to mitigate losses [3]. - Revenue from the basic raw materials and intermediates segment has increased, while revenues from high-performance materials, polymer additives, and chemical materials marketing have decreased [3]. - The company has recognized a non-operating loss of approximately 1.3 billion yuan from equity disposals, contrasting with an asset securitization project gain of 840 million yuan in the previous year [3].