Satellite Chemical Posts 33.44% YoY Net Profit Growth to 2.744 Billion Yuan in H1
2025-8-14
Recently, Satellite Chemical disclosed its 2025 semi-annual report. During the reporting period, the company achieved an operating income of 23.46 billion yuan, a year-on-year increase of 20.93%; the net profit attributable to shareholders of the listed company was 2.744 billion yuan, a year-on-year increase of 33.44%; the net cash flow generated from operating activities reached 5.052 billion yuan, a year-on-year increase of 138.88%.
Satellite Chemical is a leading domestic integrated producer in the light hydrocarbon industry chain. It took the lead in establishing an independently controllable global supply chain for light hydrocarbons, producing functional chemicals, polymer new materials, and new energy materials using green processes, and promoting the comprehensive utilization of carbon dioxide and hydrogen. Its application fields cover aerospace, automotive industry, electronic semiconductors, medical and health, nutrition and care, sports and fitness, construction engineering, environmental governance and other industries related to national economy and people¡äs livelihood. It is an encouraged direction for the diversified development of raw materials in China¡äs petrochemical industry and one of the important implementation plans for the country to achieve the "dual carbon" goals.
During the reporting period, the company achieved good results through measures such as technological innovation, process innovation, cost reduction and efficiency improvement, and product differentiation.
In addition, the company is committed to creating the future through science and technology, vigorously integrating scientific and technological innovation resources, and has launched R&D and innovation incentive measures such as R&D investment exceeding 10 billion yuan in the next five years, achievement rewards exceeding 1 billion yuan, and profit sharing for technological leadership.
In the first half of 2025, the company¡äs R&D investment was 773 million yuan, with a R&D expense ratio of 3.29%. During the reporting period, the company continued to promote the construction of the future R&D center project and put the high-performance catalytic new material project into operation.
Satellite Chemical stated that the company will focus on achieving self-reliance and self-control in science and technology, promote the tackling of key core technologies, and at the same time explore cutting-edge application scenarios such as robotics, artificial intelligence, and semiconductors, so as to fully achieve "technological leadership" and create a better future for China¡äs chemical new materials through science and technology.
Satellite Chemical is a leading domestic integrated producer in the light hydrocarbon industry chain. It took the lead in establishing an independently controllable global supply chain for light hydrocarbons, producing functional chemicals, polymer new materials, and new energy materials using green processes, and promoting the comprehensive utilization of carbon dioxide and hydrogen. Its application fields cover aerospace, automotive industry, electronic semiconductors, medical and health, nutrition and care, sports and fitness, construction engineering, environmental governance and other industries related to national economy and people¡äs livelihood. It is an encouraged direction for the diversified development of raw materials in China¡äs petrochemical industry and one of the important implementation plans for the country to achieve the "dual carbon" goals.
During the reporting period, the company achieved good results through measures such as technological innovation, process innovation, cost reduction and efficiency improvement, and product differentiation.
In addition, the company is committed to creating the future through science and technology, vigorously integrating scientific and technological innovation resources, and has launched R&D and innovation incentive measures such as R&D investment exceeding 10 billion yuan in the next five years, achievement rewards exceeding 1 billion yuan, and profit sharing for technological leadership.
In the first half of 2025, the company¡äs R&D investment was 773 million yuan, with a R&D expense ratio of 3.29%. During the reporting period, the company continued to promote the construction of the future R&D center project and put the high-performance catalytic new material project into operation.
Satellite Chemical stated that the company will focus on achieving self-reliance and self-control in science and technology, promote the tackling of key core technologies, and at the same time explore cutting-edge application scenarios such as robotics, artificial intelligence, and semiconductors, so as to fully achieve "technological leadership" and create a better future for China¡äs chemical new materials through science and technology.