Do-Fluoride New Materials (002407) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was ¥4.33 billion, down 6.65% year-over-year; net profit attributable to shareholders was ¥51.33 million, down 16.55% year-over-year.

• Cash flow from operating activities turned positive to ¥26.14 million from a negative ¥858.36 million in H1 2024.

• The company continues to lead in fluorine-based new materials, electronic chemicals, and lithium battery materials, with ongoing R&D and market expansion.

Financial highlights

• Operating income: ¥4.33 billion, down 6.65% year-over-year.

• Net profit attributable to shareholders: ¥51.33 million, down 16.55% year-over-year.

• Basic EPS: ¥0.0441, down from ¥0.0520 in H1 2024.

• Gross margin for main products declined due to persistent low prices in key markets.

• Total assets at period end: ¥25.09 billion, up 6.99% from year-end 2024.

Outlook and guidance

• The company expects continued growth opportunities in new energy and new materials, driven by industry policies and global demand.

• Plans to further reduce costs, improve product value, and enhance profitability through market expansion and operational efficiency.