厦钨新能2025年度归母净利润7.55亿元左右 同比增长41.83%

Core Viewpoint - The company, Xiamen Tungsten New Energy (688778.SH), reported significant growth in its 2025 annual performance, driven by its leadership in the lithium cobalt oxide industry and favorable market conditions [1] Financial Performance - The company achieved an operating revenue of approximately 20.034 billion yuan, representing a year-on-year increase of 47.84% [1] - The total profit reached around 858 million yuan, marking a year-on-year growth of 55.77% [1] - The net profit attributable to the parent company's shareholders was about 755 million yuan, reflecting a year-on-year increase of 41.83% [1] - The net profit attributable to the parent company after deducting non-recurring gains and losses was approximately 705 million yuan, with a year-on-year growth of 57.85% [1] Market Position and Product Performance - As a leading player in the lithium cobalt oxide sector, the company capitalized on national subsidy policies for machine replacements and the trend of battery capacity upgrades driven by AI in 3C consumer devices [1] - The company achieved lithium cobalt oxide sales of 65,300 tons, a year-on-year increase of 41.31% [1] - In the power sector, the company reinforced its technical strength in high-voltage and high-power ternary materials, while leveraging the differentiated advantages of hydrothermal phosphoric iron lithium to expand its market [1] - The sales volume of power battery cathode materials, including ternary materials, phosphoric iron lithium, and others, reached 77,400 tons, representing a year-on-year growth of 47.83% [1]