Core Viewpoint - Hunan Steel (华菱钢铁) demonstrates resilience in operations, projecting a net profit of 2.6 billion to 3 billion yuan for 2025, reflecting a year-on-year growth of 27.97% to 47.66% despite facing a one-time environmental tax payment of approximately 657 million yuan [1][2]. Financial Performance - For 2025, Hunan Steel anticipates a total profit of 4.7 billion to 5.3 billion yuan, a year-on-year increase of 13.49% to 27.98% [2]. - The projected net profit attributable to shareholders is 2.6 billion to 3 billion yuan, with a significant increase in net profit excluding non-recurring items expected to be 2.3 billion to 2.7 billion yuan, marking a growth of 76.14% to 106.78% [2]. - The company has maintained profitability from 2022 to 2024, with net profits of 6.379 billion, 5.079 billion, and 2.032 billion yuan respectively, despite a declining trend [2]. Strategic Initiatives - Hunan Steel is actively pursuing a transformation strategy focused on "high-end, green, intelligent, and lean" development, with a total R&D investment of 29.283 billion yuan from 2021 to the first three quarters of 2025 [1][7]. - The company is enhancing its competitive edge by optimizing production processes and expanding its product offerings, including a shift towards high-end and specialty steel products [6][7]. Market Position and Shareholder Activity - Hunan Steel's stock has shown resilience, with a year-to-date increase of approximately 38%, closing at 5.62 yuan per share on December 31, 2025 [5]. - Shareholder Xintai Life Insurance has been actively increasing its stake, acquiring a total of approximately 50 million shares, representing 7.23% of the total share capital [5]. Cost Management - The company has successfully reduced financial expenses by nearly 90%, with financial costs amounting to 1.889 million yuan in the first three quarters of 2025 [7]. - Hunan Steel has also improved its energy self-sufficiency, generating 7.564 billion kWh of electricity, an increase of 2.12 million kWh year-on-year [7].

资料显示，公司主营业务为钢材产品的生产和销售。 2025年，钢铁行业持续深度调整，仍处于"减量发展、存量优化"阶段，供需矛盾依然突出，企业经营仍面临较大压力。面对复杂严峻的市场形势，公司保持 战略定力，积极对接市场需求，大力推动降本增效各项工作，加快推进"高端化、绿色化、智能化、精益化"四化转型，生产经营情况稳定向好，在消化补缴 环境保护税及滞纳金约6.57亿元的情况下，预计2025年度实现利润总额47亿元~53亿元。 （文章来源：中国证券报·中证网） 中证智能财讯华菱钢铁（000932）12月31日晚间披露2025年度业绩预告，预计2025年归母净利润26亿元至30亿元，同比增长27.97%-47.66%；扣非净利润预 计23亿元至27亿元，同比增长76.14%-106.78%；基本每股收益0.3775元/股-0.4356元/股。以12月31日收盘价计算，华菱钢铁目前市盈率（TTM）约为12.94 倍-14.93倍，市净率（LF）约0.7倍，市销率（TTM）约0.3倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： ...

每经头条（nbdtoutiao）——最高返现60%！惠民保年末销售乱象调查：业务员"贴钱"冲考核，谁在"赔 本赚吆喝"？ （记者 张明双） 每经AI快讯，华菱钢铁12月31日晚间发布业绩预告，预计2025年归属于上市公司股东的净利润26亿元 ~30亿元，同比增长27.97%~47.66%；基本每股收益0.3775元~0.4356元。业绩变动主要原因是，2025 年，钢铁行业持续深度调整，仍处于"减量发展、存量优化"阶段，供需矛盾依然突出，企业经营仍面临 较大压力。面对复杂严峻的市场形势，公司保持战略定力，积极对接市场需求，大力推动降本增效各项 工作，加快推进"高端化、绿色化、智能化、精益化"四化转型，生产经营情况稳定向好，在消化补缴环 境保护税及滞纳金约6.57亿元的情况下，预计2025年度实现利润总额47亿元~53亿元，实现归属于上市 公司股东的净利润26亿元~30亿元，同比增长27.97%~47.66%。 ...

每经AI快讯，12月31日，华菱钢铁（000932）(000932.SZ)发布2025年度业绩预告，预计归属于上市公 司股东的净利润为26亿元~30亿元，比上年同期增长27.97%~47.66%。报告期内，钢铁行业处于"减量发 展、存量优化"阶段，公司持续推进"高端化、绿色化、智能化、精益化"转型，积极对接市场需求，大 力推动降本增效，生产经营稳定向好，盈利实现同比增长，在消化补缴环境保护税及滞纳金约6.57亿元 的情况下，预计2025年度实现利润总额47亿元~53亿元。 ...

华菱钢铁公告，预计2025年度净利润为26亿元~30亿元，同比增长27.97%~47.66%。2025年，钢铁行业 持续深度调整，仍处于"减量发展、存量优化"阶段，供需矛盾依然突出，企业经营仍面临较大压力。面 对复杂严峻的市场形势，公司保持战略定力，积极对接市场需求，大力推动降本增效各项工作，加快推 进"高端化、绿色化、智能化、精益化"四化转型，生产经营情况稳定向好，在消化补缴环境保护税及滞 纳金约6.57亿元的情况下，预计2025年度实现利润总额47亿元~53亿元，实现归属于上市公司股东的净 利润26亿元~30亿元，同比增长27.97%~47.66%。 ...

Group 1: Financial Performance - In 2024, the revenue from automotive precision components increased by 4.04% year-on-year, with a gross margin growth of 1.72% [1] - The company has focused on stabilizing core customer business while actively developing new projects with mainstream domestic new energy vehicle manufacturers [1] Group 2: Lean and Digital Transformation - Since 2012, the company has implemented lean production as a core strategy, optimizing management and establishing standardized operations [2] - The introduction of Schneider's five-level real-time management cycle has enhanced production efficiency and reduced waste [2] - A data-driven operational management system has been established, linking procurement, production, and delivery processes [2] Group 3: International Expansion - The establishment of the Hungary-based subsidiary aims to serve the growing demand for green energy in the EU, providing competitive mid-pressure welding assembly products [2] - The company plans to offer precision safety components and automotive shock absorber parts to global automotive clients, leveraging core technological advantages [2]