Hengtong Co. Reports 38.6% Revenue Growth, Copper Foil Sales Surge in 2025 Annual Report

Published: Apr 21, 2026 16:14
Hengtong Co., Ltd. (600226) disclosed its annual report on April 20. In 2025, the company achieved revenue of 1.85 billion yuan, up 38.6% YoY; net profit attributable to the parent company was 201 million yuan, up 6.05% YoY; basic earnings per share were 0.07 yuan. During the reporting period, copper foil product sales grew significantly, and the gross margin of copper foil products increased. The company's copper foil business maintained steady growth, achieving sales of 15,883 mt, up 76.34% YoY. As of the end of the reporting period, the company's copper cathode foil annual capacity reached 25,000 mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Geopolitical Disruptions Sparked Market Caution, BC Copper Fluctuated and Closed Lower [SMM BC Copper Commentary]
Common.Time.minsAgo
Geopolitical Disruptions Sparked Market Caution, BC Copper Fluctuated and Closed Lower [SMM BC Copper Commentary]
Read More
Geopolitical Disruptions Sparked Market Caution, BC Copper Fluctuated and Closed Lower [SMM BC Copper Commentary]
Geopolitical Disruptions Sparked Market Caution, BC Copper Fluctuated and Closed Lower [SMM BC Copper Commentary]
Common.Time.minsAgo
China Copper Foil Customs Details, March 2026: Exports Hit a Single-Month Record High [SMM Analysis]
1 hour ago
China Copper Foil Customs Details, March 2026: Exports Hit a Single-Month Record High [SMM Analysis]
Read More
China Copper Foil Customs Details, March 2026: Exports Hit a Single-Month Record High [SMM Analysis]
China Copper Foil Customs Details, March 2026: Exports Hit a Single-Month Record High [SMM Analysis]
SMM Analysis: According to data from the General Administration of Customs, China's copper foil (HS codes: 74101100, 74102190) imports in March 2026 were 8,220.04 mt, up 11.88% YoY and up 27.59% MoM...
1 hour ago
Stable Sulphur and Sulphuric Acid Supply in Zambia and DRC, Prices Fluctuate at High Levels in DRC
Common.Time.hoursAgo
Stable Sulphur and Sulphuric Acid Supply in Zambia and DRC, Prices Fluctuate at High Levels in DRC
Read More
Stable Sulphur and Sulphuric Acid Supply in Zambia and DRC, Prices Fluctuate at High Levels in DRC
Stable Sulphur and Sulphuric Acid Supply in Zambia and DRC, Prices Fluctuate at High Levels in DRC
According to recent SMM on-site surveys, sulphur and sulphuric acid supply in Zambia and the DRC has not experienced significant shortages, and has not yet had a substantive impact on copper and cobalt smelting production in the two regions. Zambia's domestic sulphuric acid supply is self-sufficient, with supply pressure concentrated in the DRC. Currently, raw materials in the DRC can be procured normally, but prices fluctuate at high levels, with the delivery-to-factory price of sulphuric acid ranging from $1,000 to $1,400/mt, reaching a peak of $1,400/mt. Sulphur DAP quotes range from $1,500 to $1,800/mt, and DDP quotes range from $2,300 to $2,500/mt. Dar es Salaam port holds sulphur inventory, mostly held by traders holding back from selling while waiting for higher prices.
Common.Time.hoursAgo