大全能源2025年净利-11.29亿元

Core Viewpoint - Daqo Energy (688303) reported a significant decline in total revenue for 2025, with a total revenue of 4.839 billion yuan, a year-on-year decrease of 34.71%, while the net profit attributable to shareholders was approximately -1.129 billion yuan, an improvement from -2.718 billion yuan in the previous year [1] Company Performance - The company achieved a total revenue of 4.839 billion yuan in 2025, reflecting a 34.71% decrease compared to the previous year [1] - The net profit attributable to shareholders was approximately -1.129 billion yuan, showing a substantial reduction in losses compared to -2.718 billion yuan in the prior year [1] Industry Context - The domestic polysilicon prices began to recover from the third quarter of 2025 due to ongoing industry policy guidance, although the polysilicon industry still faces challenges such as high inventory and weak demand [1] - The company has been focusing on refined management and technological innovation, which has effectively reduced production costs and improved operational efficiency, providing crucial support for enhancing profitability [1] - Changes in asset impairment factors significantly contributed to the narrowing of net losses compared to the previous year [1]