Enjie Shares Reports First-Half Loss of 93.11 Million Yuan, Revenue Up 20.5% Year-on-Year

On August 18, Enjie Co., Ltd. (002812) released its half-year report for 2025. The company's operating revenue was 5.76 billion yuan, a year-on-year increase of 20.5%; net profit attributable to shareholders was a loss of 93.11 million yuan, a year-on-year decrease of 132.0%; net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 94.54 million yuan, a year-on-year decrease of 136.4%; net cash flow from operating activities was 210 million yuan, a year-on-year decrease of 86.5%; and diluted EPS was -0.096 yuan.

In the second quarter, the company's operating revenue was 3.03 billion yuan, an increase of 23.6% year-on-year; the net profit attributable to the parent company was a loss of 119 million yuan, a decrease of 189.6% year-on-year; the net profit attributable to the parent company after deducting non-recurring gains and losses was a loss of 124 million yuan, a decrease of 212.1% year-on-year; EPS was -0.1228 yuan.

As of the end of the second quarter, the company's total assets reached 48.237 billion yuan, an increase of 2.2% compared to the end of the previous year; net assets attributable to shareholders of the parent company were 24.794 billion yuan, an increase of 1.3% compared to the end of the previous year.

In its 2025 semi-annual report, the company indicated that there were significant changes in its business operations during the reporting period. Revenue from the company’s core product, lithium battery separator film, accounted for 83.64% of total operating revenue, representing a year-on-year increase of 24.83%. Meanwhile, the company’s overseas business revenue grew by 20.55% year-on-year, demonstrating the company’s progress in expanding its presence in the global market.

In addition, the report mentions that the company has continued to increase its investment in research and development, especially in the technological advancement and new product development of lithium battery separator products, aiming to improve product safety and performance to meet the growing market demand. The company has also strengthened its partnerships with well-known domestic and international battery manufacturers, consolidating its leading position in the industry. Although the overall market competition is intense and product prices are under pressure, the company has achieved a relatively stable gross profit margin by optimizing its product mix and market strategies.