Shida Shenghua forecasts return to profit in first nine months of 2026
In short
Shida Shenghua (石大胜华) expects net profit attributable to shareholders of 540 million–580 million yuan for the first three quarters of 2026. That compares with a 62.2018 million yuan loss a year earlier, according to reports of its October 14 announcement.
Read the full story 1 min read
Shida Shenghua (石大胜华) forecast net profit attributable to shareholders of 540 million–580 million yuan for the first three quarters of 2026 in an announcement reported on October 14. 36Kr and Jiemian said the company lost 62.2018 million yuan in the corresponding 2025 period. 36Kr also reported forecast net profit excluding non-recurring items of 545 million–584 million yuan, compared with a prior-year loss of 66.0265 million yuan. [ 1 , 3 , 4 ]
The company attributed the expected turnaround to rapid growth in downstream demand for power and energy storage batteries, according to CLS and Jiemian. It said prices for core products lithium hexafluorophosphate and carbonate solvents were significantly higher than a year earlier. The company also cited advantages from coordination across the industry chain as a contributor to the year-on-year earnings increase. The reported ranges are forecasts rather than final results. [ 1 , 4 ]
Why it matters
The company attributed the turnaround to faster demand growth for power and energy storage batteries. It said market prices for lithium hexafluorophosphate and carbonate solvents had risen significantly from a year earlier.
Key facts
- Forecast net profit attributable to shareholders is 540 million–580 million yuan for the first three quarters of 2026. [ 1 , 3 , 4 ]
- The corresponding 2025 period recorded a loss of 62.2018 million yuan. [ 3 , 4 ]
- The company cited battery demand growth and higher prices for lithium hexafluorophosphate and carbonate solvents. [ 1 , 4 ]
- 36Kr reported forecast profit excluding non-recurring items of 545 million–584 million yuan. [ 3 ]