格隆汇8月15日丨三棵树(603737.SH)公布2025年半年度报告，报告期实现营业收入58.16亿元，同比增长 0.97%；归属于上市公司股东的净利润4.36亿元，同比增长107.53%；归属于上市公司股东的扣除非经常 性损益的净利润2.92亿元，同比增长268.48%；基本每股收益0.59元。 ...

三棵树公告，2025年上半年营业收入58.16亿元，同比增长0.97%。净利润4.36亿元，同比增长 107.53%。本报告期不进行利润分配或资本公积金转增股本。 ...

Group 1 - The chemical sector experienced a significant rise on August 15, with the chemical ETF (516020) increasing by 1.51% [1] - Key stocks in the sector included Lianhong Xinke, which surged over 7%, and Xinjubang and Jinfakeji, both rising over 6% [1] - The basic chemical sector attracted over 7 billion yuan in net inflows, ranking fifth among 30 major sectors [2][3] Group 2 - Recent retail prices for refrigerants like R32 and R227ea have been rising, with R32 expected to average 56,000 to 58,000 yuan per ton from August to October [3] - The chemical ETF (516020) is currently at a low valuation, with a price-to-book ratio of 2.07, indicating potential for long-term investment [3] - Analysts suggest that the "anti-involution" trend in the chemical industry may lead to the elimination of outdated production capacity, improving the competitive landscape and profitability [4] Group 3 - The chemical ETF (516020) tracks the CSI segmented chemical industry index, covering various sub-sectors and focusing on large-cap stocks [4] - Investors can also consider chemical ETF linked funds for exposure to the chemical sector [4]

化工板块今日（8月15日）猛攻，反映化工板块整体走势的化工ETF（516020）开盘后持续拉升，盘中 场内价格最高涨1.51%，截至发稿，涨1.36%。 成份股方面，改性塑料、石化、涂料油墨等板块部分个股涨幅居前。截至发稿，金发科技飙涨超8%， 新凤鸣大涨超6%，桐昆股份涨超5%，三棵树、联泓新科、云天化等涨超3%。 展望后市，开源证券表示，"反内卷"无疑是2025年内或更长期的政策重点，"反内卷"趋势确认。后续伴 随多部门具体政策逐步落地，化工行业部分落后产能有望出清，行业供给端竞争格局有望迎来优化，化 工产品逐步进入有序竞争，盈利水平或也将随之得到修复。 华泰证券表示，近年来行业盈利已处底部，且在政策引导下，供给侧有望加快调整，大宗化工品盈利或 迎改善。中长期而言，伴随欧美高能耗装置退出、亚非拉地区经济增长等需求增量驱动下，出海/出口 成为国内化工行业的重要增长引擎；2025上半年供给端行业资本开支同比增速自2021年初以来首次转 负，供给侧加快调整下2025年下半年或迎复苏起点，成本减压及需求改善的下游环节或率先复苏。 | | | | 分制 参日 1分 5分 15分 30分 60分 日 周 月 厦产 | ...

Group 1 - The chemical sector is experiencing a pullback, with the chemical ETF (516020) showing a decline of 0.74% as of the report [1][2] - Key stocks in the sector, such as SanKe Tree and Guangdong Hongda, have seen declines exceeding 2%, while several others have dropped over 1%, negatively impacting the overall sector performance [1][2] - Current trends indicate that the supply-side reform in China's chemical industry may accelerate due to reduced capacity in Europe and a slowdown in new capacity expansion in China, potentially benefiting leading companies [1][3] Group 2 - Chinese chemical companies are solidifying their cost and efficiency advantages, with leading firms entering a long-term upward performance phase [3] - The chemical industry is currently operating at a relatively high capacity, with core product operating rates generally above 65%, which is more favorable compared to the oversupplied photovoltaic sector [3] - The chemical ETF (516020) is currently trading at a price-to-book ratio of 2.09, which is at a low point historically, suggesting a favorable long-term investment opportunity [3][4] Group 3 - The "anti-involution" trend is expected to be a key focus for the chemical supply-side narrative, with recommendations to pay attention to sectors with significant supply compression and leading companies [4] - The chemical ETF (516020) tracks the CSI segmented chemical industry index, covering various sub-sectors and concentrating nearly 50% of its holdings in large-cap leading stocks [4][5] - Investors can also consider the chemical ETF linked funds (A class 012537/C class 012538) for exposure to the chemical sector [5]

化工板块今日（8月13日）震荡走高，反映化工板块整体走势的化工ETF（516020）盘中场内价格最高 涨0.6%，截至收盘，涨0.45%。 成份股方面，涂料油墨、合成树脂、氯碱等板块部分个股涨幅居前。截至收盘，三棵树飙涨8.06%，圣 泉集团、联泓新科双双大涨超4%，航锦科技涨超3%，金发科技、蓝晓科技、君正集团等多股涨超2%。 | | | 分时 多日 1分 5分 15分 30分 60分 日 周 月 * | | | | | | F9 盘前盘后 盘加 九特 图线 工具 @ (2 > | | 化工ETF O | | 516020 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 0.87 | | | | | 516020(KLIETF) 15:00 价 0.673 温跌 0.004(0.60%) 增价 0.670 服交量 297 IOPV 0.6704 2025,0 | | | | | 0.672 | | +0.003 +0.459 | | | | | | | | | | | | SSE CNY ...

三棵树最新一期业绩显示，截至2025一季报，公司营业总收入21.30亿元、同比增长3.12%，归属净利润 1.05亿元，同比增长123.33%，扣非净利润1454.19万元，同比增长81.17%，流动比率0.749、速动比率 0.663、资产负债率77.15%。 天眼查商业履历信息显示，三棵树涂料股份有限公司，成立于2003年，位于莆田市，是一家以从事化学 原料和化学制品制造业为主的企业。企业注册资本73781.7473万人民币，实缴资本818.8331万人民币。 公司法定代表人为洪杰。 金融界消息 截至2025年8月13日收盘，三棵树（603737）报收于44.0元，上涨8.06%，换手率1.41%，成 交量10.44万手，成交金额4.53亿元。 通过天眼查大数据分析，三棵树涂料股份有限公司共对外投资了31家企业，参与招投标项目824次，知 识产权方面有商标信息1171条，专利信息779条，此外企业还拥有行政许可49个。 资金流向方面，今日主力资金净流入1137.45万元，占比成交额2.51%。其中，超大单净流入3248.38万 元、占成交额7.17%，大单净流出2110.93万元、占成交额4.66%，中单 ...

Core Viewpoint - The renovation and building materials sector experienced a slight increase, closing at 14,713.08 points with a growth rate of 0.25%, driven by several stocks in the sector showing positive performance [1] Company Performance - Mona Lisa closed at 10.09 CNY per share, leading the sector with a growth rate of 10.03% [1] - Three Trees closed at 44.00 CNY per share, with a growth rate of 8.06%, ranking second in the sector [1] - Qu Mei Home closed at 5.06 CNY per share, achieving a growth rate of 6.53%, ranking third [1] - Hengshang Energy closed at 15.65 CNY per share, leading the decline with a drop of 5.04% [1] - Zhongyuan Home closed at 15.20 CNY per share, with a decline of 2.00%, ranking second in losses [1] - Yangzi New Materials closed at 4.08 CNY per share, with a decline of 1.92%, ranking third in losses [1] Industry Insights - Dongwu Securities released a report indicating that while the slope of the real estate chain is slowing, the overall direction remains unchanged, with the clearing of the real estate chain nearing completion [1] - The supply structure has significantly improved, and demand is expected to stabilize in 2025 with low growth expectations for companies, indicating a higher probability of success for the sector [1] - The furniture consumption accelerated significantly in March due to the old-for-new subsidy, and a noticeable acceleration in home decoration is anticipated in Q3 [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002652 | 扬子新材 | 4.08 | -1.92% | 60.19万 | 2.51亿 | | 300599 | 雄塑科技 | 8.69 | -1.81% | 6.12万 | 5350.50万 | | 833580 | 科创新材 | 14.25 | -1.72% | 2.37万 | 3395.29万 | | 301429 | 森泰股份 | 20.75 | -1.61% | 1.59万 | 3308.85万 | | 002271 | 东方南虹 | 12.32 | -1.44% | 38.98万 | 4.80亿 | | 300374 | 中铁装配 | 17.72 | -1.12% | 9.23万 | 1.64亿 | | 002088 | 鲁阳市能 | 11.87 | -1.08% | 5.13万 | 6104.60万 | | 603038 | 华立股份 | 14.62 | -0.75% | 4.74万 | 6928.88万 | | 002392 ...

Group 1 - The renovation and building materials sector experienced a slight increase, closing at 14,683.21 points with a growth rate of 0.04% [1] - Several stocks in the renovation and building materials sector saw price increases, with Mona Lisa leading at 9.81 CNY per share, up 6.98% [1] - Other notable performers included Sankeshu at 42.85 CNY per share, up 5.23%, and Senying Windows at 33.12 CNY per share, up 3.82% [1] Group 2 - Conversely, Weixing New Materials led the decline at 10.79 CNY per share, down 2.18% [1] - Qisheng Technology and Zhongyuan Home also experienced declines, closing at 14.10 CNY per share, down 2.08%, and 15.25 CNY per share, down 1.68%, respectively [1] - According to a report from Caitong Securities, national subsidies are expected to boost renovation demand, partly due to previously accumulated improvement renovation needs [1]