FHNPRC's Revenue Dip: Analyzing Market Challenges and Growth Opportunities Ahead

Key Financial Data

1. The operating revenue of FHNPRC on March 31, 2025 was RMB81.2 million, a decrease of RMB7 million, or 0.86%, from RMB81.9 million in 2024.

2. The decline in revenue may be affected by factors such as market competition, economic environment, product demand, internal management, and industry policies.

Peer Comparison

1. Industry-wide analysis: The overall market demand and economic cycle have a close impact on the operating revenue of companies in the industry. If most companies also experience similar revenue declines, it may indicate a weak industry overall.

2. Peer evaluation analysis: If the operating revenue of other peer companies grows at the same time, the decline of FHNPRC would be more pronounced, indicating its lack of market competitiveness; otherwise, it may be affected by the overall industry environment.

Summary

FHNPRC's operating revenue declined slightly in 2025, indicating insufficient revenue growth momentum. Factors such as intense market competition, economic fluctuations, changes in product demand, and internal management efficiency may be the main reasons for the revenue decline.

Opportunities

1. The company actively expands its market in the battery electrolyte field, especially in North America, Europe, and Southeast Asia, which may see a growth in market demand.

2. The promotion of the exchange policy will stimulate consumer demand, helping the company increase its operating revenue.

3. By optimizing the product sales structure and accelerating the launch of new products, the company is expected to further promote revenue growth.

Risks

1. Intense market competition may limit FHNPRC's revenue growth.

2. Macroeconomic fluctuations may lead to a decrease in sales demand, especially in the photovoltaic industry and unfavorable international trade policies.

3. If downstream demand remains weak, it may have a negative impact on FHNPRC's product demand.