Jiangsu Eastern Shenghong (000301) Q4 2025 earnings summary

Executive summary

• Achieved operating revenue of RMB 125.59 billion in 2025, down 8.78% year-over-year, with net profit attributable to shareholders of RMB 134 million, a significant turnaround from a net loss of RMB 2.30 billion in 2024.

• Maintained industry leadership in petrochemicals, new materials, and polyester fibers, with continued expansion in new energy and high-value-added products.

• Implemented AI-driven digital transformation, green production initiatives, and lean management to enhance operational efficiency and sustainability.

Financial highlights

• Operating revenue: RMB 125.59 billion, down 8.78% year-over-year.

• Net profit attributable to shareholders: RMB 134 million, up 105.82% year-over-year.

• Net profit after deduction of non-recurring items: -RMB 543 million, improved from -RMB 2.65 billion in 2024.

• Basic and diluted EPS: RMB 0.02, compared to -RMB 0.35 in 2024.

• Net cash flows from operating activities: RMB 16.05 billion, up 53.25% year-over-year.

• Total assets: RMB 205.23 billion, up 0.45% year-over-year.

• Net assets attributable to shareholders: RMB 34.11 billion.

Outlook and guidance

• Focus on high-end, green, and digital-intelligent development, with continued investment in AI integration and new energy materials.

• Plans to enhance profitability through product mix optimization, cost control, and expansion in high-value-added segments.

• No cash dividend, bonus shares, or capital reserve conversion proposed for 2025; profits to be retained for future growth and working capital.