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Zhejiang Yongtai Technology Co., Ltd. announced its estimated results for the period of 1 January 2025 to 31 December 2025. The company expects a net loss attributable to shareholders ranging from RMB25.60 million to RMB48.60 million, compared to a loss of RMB478.3540 million in the prior year. Operating income is estimated to be between RMB5,000 million and RMB5,500 million, an increase from RMB4,589.3978 million in the corresponding previous period.
| Date | 29 Jan 2026 |
| Time | 08:04:14 |
| Category | Miscellaneous |
| ID | 8918Q |
ZHEJIANG YONGTAI TECHNOLOGY CO., LTD.
(GDR under the symbol: "YTT")
(a joint stock company established under the laws of the People's Republic of China with limited liability)
Estimated Results For The Year 2025
I. Results estimation for the period
1. Reporting period of the estimated results: 1 January 2025 to 31 December 2025;
2. Estimated results:Net profit expected to be negative
Performance forecast issued as a range
|
Item |
Current reporting period |
Corresponding period of the previous year |
|
Net profit attributable to the shareholders of the listed company |
Loss: RMB25.60 million-RMB48.60 million |
Loss: RMB478.3540 million |
|
Net profit after deducting non-recurring gains or losses |
Loss: RMB19 million-RMB38 million |
Loss: RMB443.8717 million |
|
Basic earnings per share |
Loss: RMB0.03/share - RMB0.05/share |
Loss: RMB0.52/share |
|
Operating income |
RMB5,000 million-RMB5,500 million |
RMB4,589.3978 million |
|
Operating income after deducting |
RMB5,000 million-RMB5,500 million |
RMB4,578.1917 million |
II. Communication with certified public accountants
The financial data related to the estimated results have not been preliminarily audited by the certified public accountants. However, the Company has conducted pre-communication with the certified public accountants on major matters related to the estimated results, and there is no disagreement between the Company and the certified public accountants on the estimated results.
III. Reasons for changes in results
For the full year 2025, the Company expects a year-on-year reduction in net loss attributable to shareholders of the listed company after excluding non-recurring items of approximately RMB 405.87 to 424.87 million , representing a contraction in loss magnitude of 91.44% to 95.72%, demonstrating marked improvement in operating efficiency.
During the reporting period, robust growth in new energy vehicle and energy storage demand propelled substantial year-on-year increases in both sales volume and pricing of the Company's core lithium battery material products. This drove significant gross profit expansion in principal operations, serving as the primary driver of loss reduction. Meanwhile, fluctuations in USD exchange rates led to increased foreign exchange losses compared with the prior year. Furthermore, in adherence to contractual commitments, the Company strictly executed certain long-term lithium battery material supply agreements at previously contracted lower price points. These factors partially offset current-period profitability.
Looking ahead to 2026, as market values for major lithium battery material products gradually normalize, the Company will remain focused on its core business, intensify market expansion and customer portfolio optimization, and advance comprehensive cost discipline and efficiency initiatives across the entire value chain. Through these efforts, the Company aims to enhance earnings quality and strengthen risk resilience, fostering steady improvement in its operating performance.
IV. Other relevant information
The estimated results set out herein are results of the preliminary estimation conducted by the finance department of the Company and the actual financial information of the Company is subject to the 2025 annual report to be disclosed by the Company. Investors are advised to exercise caution while making decision and pay attention to investment risks.
The Board of Directors
Zhejiang Yongtai Technology Co., Ltd.
29 January 2026