No Data
Why Hengli PetrochemicalLtd's (SHSE:600346) Shaky Earnings Are Just The Beginning Of Its Problems
Hengli Petrochemical's Q1 Profit Slips 4%, Operating Income Losses 2%
Hengli Petrochemical: Hengli Petrochemical Report for the First Quarter of 2025
Hengli Petrochemical Report for the First Quarter of 2025
Hengli Petrochemical\'s main operating data announcement for the first quarter of 2025
Hengli Petrochemical: Earnings in the first quarter of 2025 are under pressure, with non-recurring gains and losses supporting performance.
In the first quarter of 2025, Hengli Petrochemical's earnings are under pressure, with non-recurring gains supporting performance highlights. Financial performance: The first quarter revenue was 57.024 billion yuan, a year-on-year decrease of 2.34%; Net income attributable to the parent company was 2.051 billion yuan, a year-on-year decrease of 4.13%; The net income excluding non-recurring items was 1.239 billion yuan, a significant drop of 31.88% year-on-year. Business structure: Price differentials for downstream new materials products are under pressure, while upstream refining and PTA industries performed relatively steadily. Non-recurring gains: Government subsidies of 0.665 billion yuan and fair value changes in financial assets of 0.315 billion yuan became the main support for profits. Cash flow status: The cash flow from operating activities is net.
Based On Its ROE, Is Hengli Petrochemical Co.,Ltd. (SHSE:600346) A High Quality Stock?
