DMEGC magnetics forecasts strong profit growth for first three quarters

Hengdian Group DMEGC Magnetics projects a substantial rise in net profit for the first three quarters of 2025, with attributable net profit to shareholders expected to range from CNY 139,000.00 to CNY 153,000.00. This represents a year-on-year increase of 50.1% to 65.2% compared to the CNY 92,632.08 reported in the same period last year. Net profit excluding non-recurring gains and losses is also forecast to grow by 58.2% to 72.9%, reaching CNY 140,000.00 to CNY 153,000.00. Basic earnings per share are projected to be between CNY 0.87 and CNY 0.95, up from CNY 0.57 previously.

The positive outlook is attributed to strong performance in its magnetics, photovoltaics, and lithium battery sectors. The magnetics industry saw market share gains in home appliances and automotive, with high growth in new energy vehicle components and AI server power supplies. The photovoltaics business benefited from differentiated strategies, high-power products, and expanded market presence, leading to increased shipments.

The lithium battery segment maintained stable product quality and expanded its market reach in small power applications. The company emphasized that this forecast is based on preliminary internal calculations and has not been audited by an accounting firm, with final figures to be released in the third-quarter report.