公开资料显示，石大胜华新材料集团股份有限公司于2015年5月29日上市，公司的主营业务是新能源材 料领域，公司新能源、新材料业务技术研发。公司的主要产品是碳酸二甲酯系列产品、电解液、 MTBE、液化气、环氧丙烷。 扣除非经常性损益事项后，预计扣非净利润为-5300万元到-7900万元，与上年同期相比，将减少5555.16 万元到8155.16万元，同比减少2177.13%到3196.10%。 石大胜华解释称，主要是市场竞争激烈，公司部分产品价格同比下降，为应对行业竞争，公司加大了市 场投入及研发力度，期间费用同比增加，营业利润减少。 10月15日晚间，石大胜华（603026）发布2025年前三季度业绩预告称，经公司财务部门初步测算，公司 预计净利润为负值，同比转亏。 具体来看，公司预计实现归母净利润-4900万元到-7500.万元，与上年同期相比，将减少6026.51万元到 8626.51万元，同比减少534.97%到765.77%。 纵观近年业绩，石大胜华净利润已连续三年下滑。2021年至2024年，公司归母净利润依次为11.78亿 元、8.91亿元、0.19亿元及0.16亿元，跌幅显著，几乎跌至零头。 ...

Core Viewpoint - The company Shida Shenghua is facing significant financial pressure in the first half of 2025, with expected net losses due to product price fluctuations and high costs associated with new facilities [1][2]. Financial Performance - Shida Shenghua anticipates a net profit loss of between 52 million to 60 million yuan for the first half of 2025, a decrease of 90.06 million to 98.06 million yuan compared to the same period last year, representing a year-on-year decline of 236.64% to 257.66% [1]. - The company also expects a loss in its net profit excluding non-recurring items of 53 million to 61 million yuan, down by 84.37 million to 92.37 million yuan from the previous year, reflecting a decline of 268.93% to 294.43% [1]. - This marks the third consecutive year of declining net profit and net profit excluding non-recurring items since 2022 [2]. Revenue Trends - Shida Shenghua's revenue figures for the years 2022 to 2024 were 8.316 billion yuan, 5.635 billion yuan, and 5.547 billion yuan, with year-on-year changes of 17.86%, -32.24%, and -1.56% respectively [2]. - The net profit for the same years was 891 million yuan, 18.726 million yuan, and 16.4196 million yuan, showing declines of 24.42%, 97.9%, and 12.32% respectively [2]. - The net profit excluding non-recurring items was 857 million yuan, 13.2343 million yuan, and 5.3878 million yuan, with declines of 26.4%, 98.46%, and 59.29% respectively [2]. Business Operations - The company has transitioned from traditional chemical operations to focus on new energy and new materials, including sectors such as electrolyte, carbonate, and methyl tert-butyl ether [2]. - The production at the Wuhan base for electrolyte is currently in the customer introduction phase, leading to underproduction and high fixed costs [3]. - The decline in profits is also attributed to falling prices of methyl tert-butyl ether products and lithium fluoride raw materials [3]. Regulatory Issues - Shida Shenghua received an administrative regulatory decision due to issues in insider information management, leading to corrective measures and warnings issued to key executives [4].