陕西黑猫焦化股份有限公司2025 年半年度报告 公司代码：601015 公司简称：陕西黑猫 四、 公司负责人张林兴、主管会计工作负责人刘芬燕及会计机构负责人（会计主管人员）吕燕 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 陕西黑猫焦化股份有限公司 2025 年半年度报告 1 / 145 陕西黑猫焦化股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 □适用 √不适用 √适用 □不适用 本报告包含若干公司对未来发展战略、业务规划、经营计划等前瞻性陈述。这些陈述乃基于当前 能够掌握的信息与数据对未来做出的估计或预测，不构成公司对投资者的实质承诺，敬请投资者 注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九 ...

证券代码：601015 证券简称：陕西黑猫 公告编号：2025-034 陕西黑猫焦化股份有限公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要提示： ●会议召开时间：2025 年 9 月 24 日（星期三）上午 10：00-11：00 ● 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） ●会议召开方式：上证路演中心网络互动 ●投资者可于 2025 年 9 月 17 日（星期三）至 9 月 23 日（星期二）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱： heimaocoking@126.com 进行提问。公司将会于 2025 年半年度业绩说明会（简称"业 绩说明会"）上对投资者普遍关注的问题进行回答。 （二）会议召开地点：上证路演中心 - 1 - （三）会议召开方式：上证路演中心网络互动 三、参加人员 陕西黑猫焦化股份有限公司（简 ...

Group 1 - The company reported a revenue of 5.234 billion yuan for the first half of 2025, representing a year-on-year decline of 32.46% [1] - The net profit showed a loss of 462 million yuan, compared to a loss of 446 million yuan in the same period last year [1]

Investment Rating - The industry rating is "Positive" [1] Core Viewpoints - The social inventory of coal continues to decline, and the significant rise in futures prices boosts market confidence [6] - The coal sector has shown a mixed performance, with the CITIC coal industry index rising by 1.23%, underperforming the CSI 300 index which increased by 4.18% [2] - The coal supply-demand balance is improving, with a slight decrease in coal prices during the off-season, while coking coal production may see a marginal improvement due to environmental factors [6] Summary by Sections Coal Market Performance - As of August 22, 2025, the average daily coal sales of monitored enterprises were 7.08 million tons, a week-on-week decrease of 1.1% and a year-on-year decrease of 0.7% [2] - The total coal inventory of monitored enterprises (including port storage) was 26.71 million tons, a week-on-week increase of 2% and a year-on-year decrease of 0.8% [2] Price Trends - The price of thermal coal (Q5500K) in the Bohai Rim was 671 CNY/ton, a week-on-week increase of 0.15% [3] - The price of coking coal at major ports remained stable, while the futures settlement price for coking coal was 1,141.5 CNY/ton, a week-on-week decrease of 6.7% [4] Investment Recommendations - The report suggests focusing on high-dividend thermal coal companies and turnaround coking coal companies, with specific recommendations for companies such as China Shenhua, Shaanxi Coal, and others [6] - The overall coal supply-demand structure is expected to improve, with a gradual balance in supply and demand in the second half of the year [6]

Group 1 - The coke sector experienced a 1.5% increase on August 19, with Baotailong leading the gains [1] - The Shanghai Composite Index closed at 3727.29, down 0.02%, while the Shenzhen Component Index closed at 11821.63, down 0.12% [1] - Key stocks in the coke sector showed varying performance, with Baotailong closing at 2.82, up 2.92%, and Shanxi Coking Coal closing at 3.98, up 0.25% [1] Group 2 - The net inflow of main funds in the coke sector was 49.68 million yuan, while retail funds saw a net outflow of 38.79 million yuan [1] - Baotailong had a main fund net inflow of 19.96 million yuan, accounting for 12.37% of its total [2] - The overall fund flow in the coke sector indicates a mixed sentiment, with significant retail outflows despite some main fund inflows [2]

证券之星消息，8月18日焦炭板块较上一交易日上涨0.16%，安泰集团领涨。当日上证指数报收于 3728.03，上涨0.85%。深证成指报收于11835.57，上涨1.73%。焦炭板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600408 | 安泰集团 | 2.23 | 1.36% | 26.16万 | 5827.92万 | | 600725 | 云维股份 | 3.33 | 0.91% | 21.09万 | 7038.47万 | | 000723 | 美锦能源 | 4.62 | 0.65% | 69.48万 | 3.22亿 | | 601011 | 宝泰隆 | 2.74 | 0.00% | 32.14万 | 8828.29万 | | 601015 | 陕西黑猫 | 3.57 | 0.00% | 24.20万 | 8705.73万 | | 600792 | 云煤能源 | 3.74 | -0.27% | 19.24万 | 7201.06万 | | 600740 | 山西焦化 | ...

Investment Rating - The industry rating is "Positive" [1] Core Viewpoints - Coal inventory has decreased year-on-year for the first time, indicating a continuous improvement in the fundamentals of the coal industry [1] - The coal sector has underperformed compared to the CSI 300 index, with a decline of 0.77% as of August 15, 2025, while the CSI 300 index rose by 2.37% [2] - Key monitored enterprises reported an average daily coal sales volume of 7.15 million tons, a week-on-week increase of 1.9% and a year-on-year increase of 5.3% [2] - The total coal inventory of key monitored enterprises was 26.18 million tons as of August 14, 2025, a week-on-week decrease of 5.9% and a year-on-year decrease of 3.1% [2] - The supply-demand balance in the coal market is improving, with significant price increases for thermal coal and potential marginal improvements in the coking coal sector due to environmental factors [6] Summary by Sections Thermal Coal Industry Chain - As of August 15, 2025, the price index for thermal coal (Q5500K) in the Bohai Rim was 670 CNY/ton, a week-on-week increase of 0.3% [3] - The average daily sales volume of thermal coal increased by 0.6% week-on-week [2] Coking Coal Industry Chain - The main coking coal price at Jingtang Port was 1,630 CNY/ton, unchanged week-on-week [4] - The inventory of coking coal at Jingtang Port decreased by 5.4% week-on-week [4] Coal Chemical Industry Chain - The price of methanol in East China was 2,354.55 CNY/ton, a week-on-week decrease of 38.86 CNY/ton [5] - The price of urea in Henan was 1,700 CNY/ton, a week-on-week decrease of 50 CNY/ton [5] Investment Recommendations - The report suggests focusing on high-dividend thermal coal companies and coking coal companies undergoing turnaround [6] - Key companies to watch include China Shenhua, Shaanxi Coal and Chemical Industry, and Yanzhou Coal Mining Company for thermal coal; and Huabei Mining, Shanxi Coking Coal, and Lu'an Environmental Energy for coking coal [6]

Group 1 - The coke sector experienced a 1.2% increase on August 15, with Baotailong leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] - Key stocks in the coke sector showed varied performance, with Baotailong closing at 2.74, up 1.86%, and Meijin Energy at 4.59, up 1.77% [1] Group 2 - The net inflow of main funds in the coke sector was 483,900 yuan, while retail funds saw a net inflow of 820,350 yuan [1] - Baotailong had a main fund net inflow of 10,283,300 yuan, representing 12.73% of its total, while retail funds saw a net outflow of 180,000 yuan [2] - Meijin Energy experienced a significant main fund net outflow of 9,038,800 yuan, which is -4.16% of its total [2]

金融界消息 截至2025年8月14日收盘，陕西黑猫（601015）报收于3.55元，下跌3.53%，换手率1.57%， 成交量32.12万手，成交金额1.15亿元。 通过天眼查大数据分析，陕西黑猫焦化股份有限公司共对外投资了22家企业，参与招投标项目135次， 知识产权方面有商标信息3条，专利信息137条，此外企业还拥有行政许可41个。 来源：金融界 资金流向方面，今日主力资金净流出2710.37万元，占比成交额23.47%。其中，超大单净流出1173.01万 元、占成交额10.16%，大单净流出1537.35万元、占成交额13.31%，中单净流出流出402.45万元、占成 交额3.49%，小单净流入3112.82万元、占成交额26.96%。 陕西黑猫最新一期业绩显示，截至2025一季报，公司营业总收入25.85亿元、同比减少37.31%，归属净 利润26156.24万元，同比减少23.21%，扣非净利润30602.27万元，同比减少28.62%，流动比率0.296、速 动比率0.206、资产负债率60.54%。 天眼查商业履历信息显示，陕西黑猫焦化股份有限公司，成立于2003年，位于渭南市，是一家以从事石 ...

天眼查商业履历信息显示，陕西黑猫焦化股份有限公司，成立于2003年，位于渭南市，是一家以从事石 油、煤炭及其他燃料加工业为主的企业。企业注册资本204249.7639万人民币，实缴资本37400万人民 币。公司法定代表人为张林兴。 通过天眼查大数据分析，陕西黑猫焦化股份有限公司共对外投资了22家企业，参与招投标项目135次， 知识产权方面有商标信息3条，专利信息137条，此外企业还拥有行政许可41个。 来源：金融界 金融界消息 截至2025年8月13日收盘，陕西黑猫（601015）报收于3.68元，下跌2.39%，换手率1.45%， 成交量29.67万手，成交金额1.10亿元。 资金流向方面，今日主力资金净流出1094.98万元，占比成交额9.99%。其中，超大单净流出801.01万 元、占成交额7.31%，大单净流出293.97万元、占成交额2.68%，中单净流出流出919.20万元、占成交额 8.38%，小单净流入2014.18万元、占成交额18.37%。 陕西黑猫最新一期业绩显示，截至2025一季报，公司营业总收入25.85亿元、同比减少37.31%，归属净 利润26156.24万元，同比减少23.21 ...