Sanyou Chemical: Net profit for the first half of the year is expected to increase by 129% year-on-year. On July 12th, Sanyou Chemical announced that it expects the net profit attributable to shareholders of the listed company in the first half of 2026 to be approximately 168 million yuan, an increase of approximately 129.00% year-on-year; It is expected that the net profit attributable to shareholders of the listed company after deducting non recurring gains and losses in the first half of 2026 will be approximately 155 million yuan, a year-on-year increase of approximately 236.00%
In the first half of 2026, the external macro situation remains severe. The company's leading product market has abundant supply, with demand driven by essential needs, and the market trend is significantly differentiated. The chemical fiber and organic silicon sectors saw a year-on-year increase in product sales prices driven by market conditions, resulting in a significant improvement in profitability. The soda ash and chlor alkali sectors experienced a decline in prices due to market influence, leading to a decrease in profitability compared to the same period; The prices of bulk raw materials such as salt, pulp, calcium carbide, and silicon blocks have shown varying degrees of decline due to market fluctuations, providing positive support for the company's profits; At the same time, the company has carried out regular efficiency improvement work, enhanced its operational efficiency, strictly implemented various measures to save expenses and reduce fees, resulting in a year-on-year decrease in expenses during the reporting period. Multiple factors have jointly promoted the year-on-year increase in net profit attributable to the owners of the parent company during the reporting period. The above forecast data is only preliminary accounting data. The specific and accurate financial data is subject to the company's officially disclosed 2026 semi annual report. Investors are advised to pay attention to investment risks
Market Overview: Last week, the overall quotation of DMC in China remained stable, but the transaction price fell. On the raw material side, the price of silicon metal has loosened, methanol prices continue to decline, and cost support continues to weaken. After the industry conference, individual factory offers remained firm, but downstream orders were sluggish, making it difficult to accept high priced raw materials. The pressure of accumulating inventory in individual factories has intensified, and the focus of transactions continues to shift downwards. The current mainstream quotation for DMC is 14000 yuan/ton, with an actual average transaction price of around 12700 yuan/ton. Last week, the prices of DMC raw materials continued to decline, while the prices of 107 rubber and mixed rubber remained stable, and some manufacturers of raw rubber and silicone oil lowered their prices. Constrained by the traditional off-season, downstream demand continues to weaken, making it more difficult for manufacturers to take on new orders. The market is highly pessimistic, and it is expected that the price of organic silicon products will easily fall but not rise in the short term.