Suhao Hongye's 2025 revenue is 7.74B yuan, with net profit after deducting non-recurring gains and losses dropping sharply by 54.82%.

Ask AI · How will the company’s main business profitability resilience improve after the fourth quarter turned negative?

Blue Whale News, April 7 — On April 7, Suhao Hongye released its 2025 performance report. Data shows that the company’s operating revenue for 2025 increased by 8.02% year-on-year to 7.74B yuan, with net profit attributable to the parent increasing by 44.47% to 48.27M yuan; net profit excluding non-recurring gains and losses was 4.7155 million yuan, down 54.82% year-on-year. The revenue growth mainly stems from the expansion of the energy chemical and light industry craft sectors.

In 2025, the company’s non-recurring gains and losses reached 43.5575 million yuan, accounting for 90.23% of net profit attributable to the parent. Among them, government subsidies and fair value changes and disposal gains and losses of financial assets accounted for a total of 70.82%, with a one-time gain of 12.1267 million yuan from the disposal of Hongye Myanmar.

Quarterly, the fourth quarter’s single-quarter revenue was 1.74B yuan, with net profit attributable to the parent at -1.4463 million yuan, and net profit excluding non-recurring gains and losses at -13.9875 million yuan, all turning negative simultaneously, reflecting continued pressure on the profitability resilience of the main business.

From a business structure perspective, revenue from energy chemical products accounted for 56.68% of total revenue, light industry craft products accounted for 20.87%, and the combined contribution of these two sectors was 77.55%, highlighting further concentration in the bulk commodity trading main sector.

The domestic market achieved revenue of 5.57B yuan, accounting for 71.94%, continuing to increase compared to the previous year; the overseas market revenue was 2.17B yuan, accounting for 28.06%.

The full-year R&D investment was 5.6566 million yuan, only 0.11% of revenue. The number of R&D personnel remained unchanged at 47, indicating that low-intensity investment and stable staffing suggest that technology-driven innovation is not the core path for current business expansion.

In terms of dividends, the company plans to distribute a cash dividend of 1.45 yuan per 10 shares (tax included), totaling 36.4963 million yuan, accounting for 75.60% of net profit attributable to the parent.