资料显示，西安陕鼓动力股份有限公司位于陕西省西安市高新区沣惠南路8号，成立日期1999年6月30 日，上市日期2010年4月28日，公司主营业务涉及透平压缩机组、工业流程能量回收装置和透平鼓风机 组等各种透平机械及系统的开发、制造、成套销售和服务。主营业务收入构成为：能量转换设备 46.04%，能源基础设施运营45.34%，工业服务8.42%，其他0.14%，销售材料0.04%，租赁业务0.01%。 截至6月30日，陕鼓动力股东户数3.01万，较上期减少0.43%；人均流通股56738股，较上期增加1.29%。 2025年1月-6月，陕鼓动力实现营业收入48.69亿元，同比减少2.70%；归母净利润4.14亿元，同比减少 9.75%。 8月29日，陕鼓动力跌0.71%，成交额1.23亿元。两融数据显示，当日陕鼓动力获融资买入额1327.04万 元，融资偿还1948.49万元，融资净买入-621.45万元。截至8月29日，陕鼓动力融资融券余额合计3.15亿 元。 融资方面，陕鼓动力当日融资买入1327.04万元。当前融资余额3.14亿元，占流通市值的2.18%，融资余 额超过近一年90%分位水平，处于高位。 融 ...

Group 1 - The core viewpoint of the news is that Xi'an Shangu Power Co., Ltd. has experienced a decline in stock price, with a cumulative drop of 5.88% over four consecutive days, closing at 8.49 yuan per share on August 28, with a total market capitalization of 14.632 billion yuan [1] - The company specializes in the development, manufacturing, and sales of various turbine machinery and systems, with its main business revenue composition being: energy conversion equipment 46.04%, energy infrastructure operation 45.34%, industrial services 8.42%, and others 0.14% [1] - The trading volume on the reporting date was 1.76 billion yuan, with a turnover rate of 1.22% [1] Group 2 - According to data, a fund under Bank of China holds a significant position in Shangu Power, with 182,500 shares, accounting for 3.43% of the fund's net value, making it the fourth-largest holding [2] - The fund, Zhongyin Xinhua Zhongcheng Hongli Value Index Initiation A, has incurred a floating loss of approximately 9.67 million yuan during the four-day decline, with a current floating loss of about 1.46 million yuan [2] - The fund manager Zhao Zhihua has a tenure of 10 years and 36 days, with the fund's total asset scale at 1.033 billion yuan, achieving a best return of 41.93% during his tenure [2]

金融界消息 截至2025年8月25日收盘，陕鼓动力（601369）报收于8.8元，下跌2.44%，换手率2.1%，成 交量35.82万手，成交金额3.15亿元。 来源：金融界 资金流向方面，今日主力资金净流入1852.10万元，占比成交额5.88%。其中，超大单净流入1101.35万 元、占成交额3.49%，大单净流入750.75万元、占成交额2.38%，中单净流出流入2423.09万元、占成交 额7.69%，小单净流出4275.19万元、占成交额13.56%。 通过天眼查大数据分析，西安陕鼓动力股份有限公司共对外投资了16家企业，参与招投标项目1507次， 知识产权方面有商标信息168条，专利信息913条，此外企业还拥有行政许可45个。 陕鼓动力最新一期业绩显示，截至2025中报，公司营业总收入48.69亿元、同比减少2.70%，归属净利润 4.14亿元，同比减少9.75%，扣非净利润3.95亿元，同比减少9.07%，流动比率1.464、速动比率1.363、 资产负债率61.88%。 天眼查商业履历信息显示，西安陕鼓动力股份有限公司，成立于1999年，位于西安市，是一家以从事汽 车制造业为主的企业。企业注册 ...

Core Viewpoint - The recent financial report of Shan Gu Power (601369) indicates a decline in both revenue and net profit for the first half of 2025 compared to the previous year, raising concerns about the company's financial health and operational efficiency [1]. Financial Performance - Total revenue for the first half of 2025 was 4.869 billion yuan, a decrease of 2.7% year-on-year [1]. - Net profit attributable to shareholders was 414 million yuan, down 9.75% year-on-year [1]. - In Q2 2025, total revenue was 2.31 billion yuan, reflecting an 8.03% decline year-on-year [1]. - Q2 net profit attributable to shareholders was 166 million yuan, a significant drop of 25.82% year-on-year [1]. - Gross margin was 20.65%, down 11.35% year-on-year, while net margin was 9.77%, a decrease of 6.01% year-on-year [1]. Cash Flow and Debt - Operating cash flow per share was 0.14 yuan, a substantial decrease of 58.3% year-on-year [1]. - The company's receivables were notably high, with accounts receivable accounting for 378.4% of the latest annual net profit [1][4]. - The company reported a decrease in interest-bearing debt to 4.214 billion yuan, down 18.89% year-on-year [1]. Investment Metrics - The company's return on invested capital (ROIC) was 6.61%, indicating a generally weak capital return [4]. - The average ROIC over the past decade was 6.05%, with the lowest recorded at 2.92% in 2016 [4]. - The net profit margin for the previous year was 11.14%, suggesting average value addition from products or services [4]. Shareholder Information - The largest fund holding Shan Gu Power is the Guolian State-owned Enterprise Reform Mixed Fund, with 1.13 billion yuan in assets and a recent net value increase of 0.8% [5]. - Other funds have also increased their holdings or entered the top ten shareholders, indicating some level of investor interest despite the recent financial performance [5].

Core Viewpoint - The company's H1 2025 performance showed a decline in revenue but an increase in net profit, indicating mixed operational results amid challenging market conditions [1] Financial Performance - In H1 2025, the company achieved total revenue of 4.87 billion, a year-on-year decrease of 2.7% [1] - The net profit attributable to shareholders was 410 million, reflecting a year-on-year increase of 9.8% [1] - In Q2 2025, the company reported total revenue of 2.31 billion, down 8.0% year-on-year [1] Operational Analysis - The underperformance in revenue is attributed to declining prices in steel and chemical products, leading to weakened capital expenditure demand and increased competition [1] - The China Chemical Product Price Index fell by 9.7% year-on-year in H1 2025 [1] - The Shanghai rebar price also experienced a decline during the same period [1] - The gas business continues to grow, with stable profitability; H1 2025 revenue from energy infrastructure operations reached 2.21 billion, up 18% year-on-year [1] Profit Forecast and Valuation - The company forecasts net profit attributable to shareholders for 2025, 2026, and 2027 to be 910 million, 940 million, and 990 million respectively, representing year-on-year growth of 13.1%, 3.5%, and 6.0% [1] - The current price-to-earnings (PE) ratios are projected to be 17, 17, and 16 times for the years 2025, 2026, and 2027 [1] - The company maintains a "buy" rating based on these projections [1]

证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为6.61%，历来资本回报率一般。去年 的净利率为11.14%，算上全部成本后，公司产品或服务的附加值一般。从历史年报数据统计来看，公 司近10年来中位数ROIC为6.05%，中位投资回报较弱，其中最惨年份2016年的ROIC为2.92%，投资回报 一般。公司历史上的财报相对一般。偿债能力：公司现金资产非常健康。 财报体检工具显示：建议关注公司现金流状况(近3年经营性现金流均值/流动负债仅为12.87%)建议关注 公司应收账款状况(应收账款/利润已达378.4%) 分析师工具显示：证券研究员普遍预期2025年业绩在11.42亿元，每股收益均值在0.66元。 据证券之星公开数据整理，近期陕鼓动力(601369)发布2025年中报。截至本报告期末，公司营业总收入 48.69亿元，同比下降2.7%，归母净利润4.14亿元，同比下降9.75%。按单季度数据看，第二季度营业总 收入23.1亿元，同比下降8.03%，第二季度归母净利润1.66亿元，同比下降25.82%。本报告期陕鼓动力 公司应收账款体量较大，当期应收账款占最新年报归母净利润比达378.4%。 本 ...

根据公开信息，陕鼓动力2025年上半年实现营业收入48.69亿元，同比下降2.70%；净利润4.14亿元，同 比下降9.75%。这是公司上市以来第17次实施现金分红。 风险提示：股市有风险，投资需谨慎。 陕鼓动力属于通用设备制造行业，主要从事透平压缩机组、工业流程能量回收装置等设备的研发、制造 及服务。公司产品广泛应用于石油、化工、冶金等领域。 陕鼓动力最新股价报9.02元，较前一交易日上涨0.45%。公司2025年半年度分配预案显示，拟每10股派 发现金红利1.6元，预计派现总额达2.76亿元，占净利润比例为66.65%。 ...

按申万行业统计，陕鼓动力所属的机械设备行业共有22家公司公布了2025半年度分配方案，派现金额最 多的是中国中车，派现金额为31.57亿元，其次是三一重工、时代电气，派现金额分别为26.14亿元、 5.97亿元。（数据宝） 公司上市以来历次分配方案一览 | 日期 | 分配方案 | 派现金额合计（亿元） | 股息率（%） | | --- | --- | --- | --- | | 2025.06.30 | 10派1.6元（含税） | 2.76 | 1.90 | | 2024.12.31 | 10派2.7元（含税） | 4.65 | 3.19 | | 2024.06.30 | 10派1.8元（含税） | 3.11 | 2.12 | | 2023.12.31 | 10派3.9元（含税） | 6.73 | 4.06 | | 2022.12.31 | 10派3.5元（含税） | 6.05 | 3.03 | | 2021.12.31 | 10派3.1元（含税） | 5.35 | 3.08 | | 2020.12.31 | 10派2.8元（含税） | 4.70 | 4.28 | | 2019.12.31 | 10派2.3元 ...

格隆汇8月22日丨陕鼓动力(601369.SH)公布2025年半年度报告，报告期实现营业收入48.69亿元，同比下 降2.70%；归属于上市公司股东的净利润4.14亿元，同比下降9.75%；归属于母公司股东的扣除非经常性 损益的净利润3.95亿元，同比下降9.07%；基本每股收益0.24元。 ...

Core Viewpoint - The company proposes a cash dividend distribution plan for the first half of 2025, aiming to reward shareholders while ensuring normal operations and long-term development [2]. Summary by Sections Profit Distribution Plan - The company plans to distribute a cash dividend of 0.16 yuan per share (tax included) to all shareholders, based on a total share capital of 1,723,474,492 shares, resulting in a total cash dividend payout of approximately 275,755,918.72 yuan (tax included) [2]. - The proposed cash dividend represents 66.65% of the net profit attributable to shareholders for the first half of 2025 and 85.30% of the net profit of the parent company for the same period [2]. - The distribution plan is in accordance with the conditions and limits approved at the 2024 annual shareholders' meeting and does not require further shareholder approval [2]. Decision-Making Process - The company's board of directors approved the profit distribution plan during the 15th meeting of the 9th board on August 21, 2025, with a unanimous vote of 9 in favor and no opposition or abstentions [2]. - The plan complies with the company's profit distribution policy as outlined in its articles of association [2]. Financial Performance - For the first half of 2025, the company reported a net profit attributable to shareholders of approximately 413,734,134.90 yuan, with retained earnings at 2,970,004,201.72 yuan at the end of the reporting period [1]. - The parent company achieved a net profit of approximately 323,271,476.70 yuan, with retained earnings of 2,320,577,454.52 yuan at the end of the reporting period [1].