Jiangsu Eastern Shenghong (000301) Q4 2025 earnings summary

Executive summary

• Revenue for 2025 was ¥125.59 billion, down 8.78% year-over-year; net profit attributable to shareholders was ¥134 million, a significant turnaround from a ¥2.30 billion loss in 2024.

• Operating cash flow increased 53.25% to ¥16.05 billion; EBITDA to total debt ratio improved to 8.68%.

• Gross margin for petrochemical and chemical new materials was 11.69%, and for chemical fiber 5.55%.

• The company maintained its industry leadership in new energy materials, with major capacity expansions in EVA and POE.

Financial highlights

• Net profit attributable to shareholders rose to ¥134 million from a ¥2.30 billion loss in 2024.

• Revenue declined 8.78% year-over-year; gross margin for refining products was 31.01%.

• Operating cash flow reached ¥16.05 billion, up 53.25% year-over-year.

• Basic and diluted EPS were both ¥0.02, compared to -¥0.35 in 2024.

• Total assets at year-end were ¥205.23 billion, with net assets attributable to shareholders at ¥34.11 billion.

Outlook and guidance

• The company will focus on AI integration, high-end, green, and digital transformation, and further expansion in new energy and high-performance materials.

• No cash dividend, bonus shares, or capital reserve transfer planned for 2025; profits retained for future growth.

• 2026 will emphasize AI-driven efficiency, high-value product development, and management optimization.