Hengli Petrochemical (600346) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 was ¥103.89 billion, down 7.69% year-over-year; net profit attributable to shareholders was ¥3.05 billion, down 24.08%.

• The company maintained strong cash flow, with net cash from operating activities up 55.42% year-over-year.

• The board proposed an interim cash dividend of ¥0.08 per share, totaling ¥563 million.

• No material risks or major litigation affecting operations were reported during the period.

Financial highlights

• Operating income: ¥103.89 billion, down 7.69% year-over-year.

• Net profit attributable to shareholders: ¥3.05 billion, down 24.08% year-over-year.

• Net profit excluding non-recurring items: ¥2.30 billion, down 35.16% year-over-year.

• Basic and diluted EPS: ¥0.43, down 24.56% year-over-year.

• Net cash from operating activities: ¥19.48 billion, up 55.42% year-over-year.

• Total assets: ¥273.51 billion; net assets attributable to shareholders: ¥63.18 billion.

Outlook and guidance

• The company continues to focus on high-end, differentiated, and green materials, leveraging its integrated industrial chain.

• Management expects to further optimize costs, enhance R&D, and maintain stable dividend policies.

• No significant changes in business model or main products are anticipated.