Yonghe announced a profit forecast, with net profit attributable to the parent company for the first three quarters expected to be between 456 million yuan and 476 million yuan, a year-on-year increase of 211.59% to 225.25%
Yonghe expects the net profit attributable to shareholders for the first three quarters of 2025 to be between 456 million yuan and 476 million yuan, a year-on-year increase of 211.59% to 225.25%. The performance increase is mainly attributed to the high prosperity of the refrigerant industry, with supply-side quota policies and downstream demand growth driving product prices up and improving gross margins. The company is optimizing the production line efficiency of its production bases, enhancing the quality rate of its products and the scale of production and sales, thereby promoting the release of benefits, and broadening profit margins through a full industry chain layout and lean management
According to the Zhitong Finance APP, Yonghe Co., Ltd. (605020.SH) announced that the company expects to achieve a net profit attributable to shareholders of the listed company of between 456 million yuan and 476 million yuan in the first three quarters of 2025, a year-on-year increase of 211.59% to 225.25%.
The main reasons for the performance increase this period: The high prosperity of the refrigerant industry continues. Benefiting from the supply-side quota policy and steady growth in downstream demand, the refrigerant industry as a whole maintains a high prosperity trend. On one hand, the production quotas for the second-generation fluorinated refrigerants (HCFCs) continue to shrink, and the third-generation fluorinated refrigerants (HFCs) continue to implement production quota management, strengthening constraints on the supply side of the industry and further optimizing the supply-demand structure. On the other hand, demand in downstream sectors such as air conditioning and cold chain is steadily growing, jointly supporting continuous price increases for products and steadily improving gross margins.
Optimization of product structure and synergy in the industrial chain. The company has improved the operating efficiency of production lines at production bases such as Shaowu Yonghe, enhancing the yield and production-sales scale of products such as HFP, FEP, PTFE, and PFA, promoting Shaowu Yonghe's transition from "capacity construction" to "benefit release" phase, with Shaowu Yonghe achieving continuous profitability starting from the fourth quarter of 2024. At the same time, relying on a full industrial chain layout from upstream fluorite resources to fluorine-containing fine chemical terminal products, the company seizes market opportunities, further broadens profit margins through lean internal management, expanding market share, and strengthening cost control, continuously improving the company's operational efficiency
