Sinochem International (600500) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached RMB 11.36 billion, with YTD revenue at RMB 35.72 billion, down 9.56% year-over-year.

• Net loss attributable to shareholders for Q3 was RMB -445 million, with YTD net loss at RMB -1.33 billion, both showing narrowed losses compared to the prior year.

• Operating cash flow improved significantly, with YTD net inflow of RMB 1.63 billion, up 157% year-over-year.

• The company implemented cost reduction, efficiency improvements, and supply chain optimization amid a challenging chemical market.

Financial highlights

• Q3 gross margin improved due to cost control and higher capacity utilization.

• YTD basic and diluted EPS were both -0.37 RMB.

• YTD operating cash flow was RMB 1.63 billion, up 156.95% year-over-year.

• Total assets at quarter-end were RMB 51.78 billion, up 1.22% from year-end 2024.

• Shareholders’ equity decreased 9.78% to RMB 11.35 billion.

Outlook and guidance

• The company expects continued market pressure from oversupply and low chemical prices but aims to further enhance operational efficiency and cost management.

• Focus remains on optimizing the capital structure and supporting high-quality business growth.