Huatai Shares disclosed a performance forecast, estimating that net profit attributable to the parent company for the first half of 2026 will be between 14 million yuan and 21 million yuan, a year-on-year decline of 68.95% to 79.3%. Deducted non-recurring net profit is expected to be between negative 10 million yuan and 5 million yuan. The company stated that competition in the cultural paper and coated paper markets is intense, with market prices continuing to fluctuate downward. End-user selling prices have fallen to recent lows, while production costs such as wood pulp and coating chemical auxiliaries remain rigid. The decline in product selling prices has outpaced the drop in raw material costs, leading to a year-on-year decline in profit. Based on the latest closing price, the company's price-to-book ratio is approximately 0.54 times, and its price-to-sales ratio is approximately 0.39 times.
Shandong Huatai Paper Industry Shareholding Co LtdCompany forecasts 68.95%-79.3% net profit drop due to falling product selling prices outpacing raw material cost declines.