Summary of Key Points Core Viewpoint - The company, Shihua Machinery (000852), expects a significant decline in net profit for the first half of 2025, primarily due to changes in product delivery cycles and revenue structure [1] Financial Performance - The projected net profit attributable to shareholders for January 1, 2025, to June 30, 2025, is estimated to be between 26 million to 30 million yuan, representing a decrease of 55% to 60% compared to the same period last year, which was 65.69 million yuan [1] - The net profit after deducting non-recurring gains and losses is expected to be between 12 million to 15 million yuan, down 68% to 75% from 46.63 million yuan in the previous year [1] - Basic earnings per share are projected to be between 0.0276 yuan to 0.0319 yuan, a decline from 0.0698 yuan per share in the same period last year [1] Business Segment Analysis - The decline in performance is attributed to a decrease in revenue from high-margin products such as oil machinery equipment, while revenue from lower-margin products like oil and gas steel pipes has increased [1]

每经记者 王琳 每经编辑 董兴生 4月23日晚间，石化机械（000852.SZ，股价6.06元，市值57.94亿元）发布2024年年报，其2024年营业收 入同比下滑4.3%，但归母净利润同比增长5.35%，归母净利润连续4年盈利，且逐年增长。 《每日经济新闻》记者注意到，石化机械截至2024年末的应收账款进一步上升至28.37亿元，占到资产 总额的近三成。 分产品来看，氢能装备的营业收入在2024年同比增长超过1倍。石化机械也对氢能行业发展带来的机遇 抱有较大期待。不过，截至2024年末，石化机械的募投项目氢能装备集成制造与测试项目尚未使用募集 资金。 2024年扣非后归母净利润同比增长近五成 石化机械的主营业务为油气开采高端装备研发制造及服务，油气集输，加氢、制氢装备研发制造及服务 和石油机械设备检测。 2024年，石化机械实现营业收入80.37亿元，同比下降4.3%；其扣非后归母净利润为7694.03万元，同比 增长47.21%。具体到2024年第四季度，石化机械实现营业收入23.93亿元，同比增长5.37%；扣非后归母 净利润更是同比扭亏为盈，为1475.72万元。 分产品来看，2024年，石化机械的 ...