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Huarong Chemical's (SZSE:301256) Anemic Earnings Might Be Worse Than You Think
Huarong Chemicals (301256.SZ): Some electronic-grade Chemicals have been sold to some leading domestic customers in the Semiconductors field.
Gelonghui reported on April 22 that Huarong Chemicals (301256.SZ) stated on the investor interactive platform that the company's main products are potassium hydroxide and various chlorine-containing products. Some electronic-grade products (such as G5 grade hydrochloric acid and electronic-grade potassium hydroxide) can be used in the cleaning and etching processes of Semiconductors manufacturing. As of the end of 2024, some of the company's electronic-grade Chemicals have achieved sales to some leading domestic customers in the Semiconductor field.
Huarong Chemical: 2025 First Quarter Report
Huarong Chemical (301256.SZ): Net income for the first quarter was 15.7029 million yuan, a year-on-year decrease of 26.66%.
On April 21, Gelonghui reported that Huarong Chemical (301256.SZ) disclosed its Q1 2025 report, with revenue of 0.386 billion yuan in the first quarter, a year-on-year increase of 57.42%; net income attributable to shareholders of the listed company was 15.7029 million yuan, a year-on-year decrease of 26.66%; net income attributable to shareholders after deducting non-recurring gains and losses was 8.4734 million yuan, a year-on-year decrease of 41.61%; the basic EPS was 0.03 yuan.
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