8月14日，建发合诚今日收盘10.16元，下跌3.05%，滚动市盈率PE（当前股价与前四季度每股收益总和 的比值）达到28.34倍，总市值26.48亿元。 最新一期业绩显示，2025年一季报，公司实现营业收入15.40亿元，同比-5.52%；净利润2020.68万元， 同比-9.59%，销售毛利率4.91%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)10建发合诚28.3427.702.4126.48亿行业平均 65.2871.734.8547.74亿行业中值39.4844.572.4130.97亿1设计总院10.059.531.2748.88亿2中交设计 10.5410.551.22184.71亿3中钢国际11.0611.281.1094.26亿4地铁设计13.5612.212.1460.06亿5中国海诚 14.1614.661.8949.17亿6华设集团15.9514.491.0655.46亿7甘咨询18.7118.881.1243.46亿8上海建科 21.6722.212.1576.07亿9华阳国际22.1622.041.9127.62亿11广咨国际30.6731.637.1830.97亿1 ...

8月6日，建发合诚今日收盘10.68元，上涨2.59%，滚动市盈率PE（当前股价与前四季度每股收益总和的 比值）达到29.79倍，创302天以来新低，总市值27.84亿元。 从行业市盈率排名来看，公司所处的工程咨询服务行业市盈率平均62.48倍，行业中值40.71倍，建发合 诚排名第27位。 序号股票简称PE(TTM)PE(静)市净率总市值(元)10建发合诚29.7929.122.5427.84亿行业平均 62.4870.784.9047.95亿行业中值40.7145.592.5031.26亿1设计总院10.059.531.2748.88亿2中交设计 10.5210.531.22184.49亿3中钢国际10.6810.891.0690.96亿4地铁设计13.6912.332.1660.64亿5中国海诚 14.0914.591.8948.94亿6华设集团16.5014.991.1057.37亿7甘咨询19.0119.181.1444.16亿8上海建科 21.4521.982.0875.29亿9华阳国际22.7522.641.9628.37亿11广咨国际30.9531.927.2531.26亿12华建集团 35. ...

Investment Rating - The report assigns a "Buy" rating for the company, marking it as the first recommendation [12]. Core Viewpoints - The company, benefiting from the resources of the Jianfa Group, is expected to see stable growth in performance due to strong domestic infrastructure demand and increased land acquisition by its major shareholder [4][10]. - The company focuses on six main business areas: surveying and design, engineering management, testing and inspection, construction, comprehensive maintenance, and engineering materials, leveraging Jianfa Group's resources to expand its construction business [7][22]. - The infrastructure investment in Fujian province is expected to maintain a steady growth trajectory, with significant projects planned for the upcoming years, providing a solid foundation for the company's future performance [8][83]. Summary by Relevant Sections Company Overview - The company was established in 1995 and transitioned to a state-owned enterprise in 2021 when Jianfa Group became the controlling shareholder. It has a strong focus on construction and design, with 86% of its revenue derived from construction activities [4][7][20]. Business Performance - The company has seen significant growth in new contracts, with new signed contracts increasing from 29.17 billion to 126.22 billion and then to 55.7 billion from 2022 to 2024, reflecting a year-on-year growth of 183%, 332.7%, and -55.87% respectively [47]. - Revenue has also increased significantly, with reported revenues of 12.61 billion, 39.46 billion, and 66.09 billion from 2022 to 2024, showing growth rates of 49.87%, 212.92%, and 67.49% respectively [47]. Market Outlook - Fujian province's infrastructure investment is projected to remain robust, with a target of 2 trillion yuan in total output by 2025, requiring an annual growth rate of approximately 7.41% to meet this goal [78]. - The company is well-positioned to benefit from the ongoing urban renewal initiatives, which emphasize a "health check before renewal" approach, aligning with its "engineering hospital" concept [45][83]. Financial Projections - The company is expected to achieve a net profit of 1.29 billion in 2025, with a current market valuation of 18.64 times earnings, indicating a favorable investment opportunity [10].

Core Points - The company announced a cash dividend distribution of 0.12 yuan per share for the fiscal year 2024, approved at the annual shareholders' meeting on April 11, 2025 [2][4] - The total cash dividend to be distributed amounts to 31,280,776.8 yuan based on a total share capital of 260,673,140 shares [4] Distribution Details - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date [3] - The distribution method includes cash dividends being paid through the clearing system of the China Securities Depository and Clearing Corporation, with specific instructions for shareholders who have or have not completed designated trading [5] Taxation Information - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax, resulting in an actual cash dividend of 0.12 yuan per share [9] - For shares held for less than one year, the tax treatment varies, with a maximum effective tax rate of 20% for shares held for one month or less [9][10] - For Qualified Foreign Institutional Investors (QFII) and Hong Kong investors, a withholding tax of 10% applies, leading to an effective cash dividend of 0.108 yuan per share [10][11] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the Securities Internal Control Center at 0592-2932989 [12]

Key Points - The company announced a cash dividend of 0.12 CNY per share for A shares, totaling approximately 31.28 million CNY for all shareholders [1][5] - The dividend distribution plan was approved at the annual shareholders' meeting held on April 11, 2025 [1] - The record date for the dividend is set for May 28, 2025, with the last trading day and ex-dividend date both on May 29, 2025 [2] Dividend Distribution Details - The cash dividend will be distributed through China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the close of trading on the record date [2] - Shareholders who have not completed designated trading will have their dividends held by the clearing company until the designated trading is completed [2] - For individual shareholders holding shares for over one year, the dividend income is exempt from personal income tax, while those holding for one year or less will have tax calculated upon stock transfer [3][4] Tax Implications - For individual shareholders, the effective tax rate on dividends for those holding shares for less than one month is 10%, while those holding for over one year are exempt from tax [3] - For qualified foreign institutional investors (QFII), a 10% withholding tax applies, resulting in a net dividend of 0.108 CNY per share [4] - Hong Kong investors will also receive a net dividend of 0.108 CNY per share after a 10% withholding tax [4]

2024 年年度权益分派实施公告 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法律责任。 重要内容提示： 每股分配比例 A 股每股现金红利 0.12 元 相关日期 证券代码：603909 证券简称：建发合诚 公告编号：2025-022 建发合诚工程咨询股份有限公司 二、分配方案 1.发放年度：2024 年年度 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3.分配方案： 本次利润分配以方案实施前的公司总股本 260,673,140 股为基数，每股派发现 金红利 0.12 元（含税），共计派发现金红利 31,280,776.8 元。 三、相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 | | --- | --- | --- | --- | --- | | | | | | 日 | | Ａ股 | 2025/5/28 | － | 2025/5/29 | 2025/5/29 | | 股份类别 | ...

Group 1 - The company held a quarterly performance briefing on May 9, 2025, to discuss its first-quarter results and participated in an online investor reception day organized by the Xiamen area [1] - The meeting included interactions between the company representatives and investors, addressing common concerns within the limits of information disclosure [1][2] Group 2 - Investors inquired about the application of AI large model technology in engineering hospital projects, to which the company responded that it is developing an intelligent detection AI Q&A assistant based on its extensive engineering experience and data resources [2] - The company is also involved in the low-altitude economy sector, with its subsidiary participating in feasibility studies for related projects, aligning with national strategic policies [2] - Regarding share repurchase expectations and potential participation in state-owned enterprise reforms, the company stated that it currently has no plans for share buybacks and is not part of any index component [2] - The company confirmed ongoing projects with no current collaborations with Taiwanese enterprises, despite investor interest in potential partnerships [2]

证券代码：603909 证券简称：建发合诚 公告编号：2025-021 建发合诚工程咨询股份有限公司 关于召开 2025 年第一季度业绩说明会暨参加厦门辖 区上市公司投资者网上集体接待日活动情况的公告 2. 公司控股子公司大连市政院参与大连低空经济产业园，贵公司在低空经 济领域还有其他项目在开展吗？低空经济领域项目是否有很多的布局，请董秘 仔细说说公司在低空经济方面的发展与预期？ 答：尊敬的投资者，您好！目前，公司控股子公司大连市政院作为专业智库 机构，参与了大连低空经济（通用航空）产业园可行性研究报告编制工作。公司 作为工程全产业技术服务企业，紧跟国家战略政策，积极参与低空经济领域相关 业务机会。感谢您的关心与支持！ 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。 建发合诚工程咨询股份有限公司（以下简称"建发合诚"或"公司"）2025 年 5 月 9 日发布了《建发合诚关于召开 2025 年第一季度业绩说明会暨参加厦门 辖区上市公司投资者网上集体接待日活动的公告》（公告编号：2025-020），于 2025 年 5 月 15 ...

证券代码：603909 证券简称：建发合诚 公告编号：2025-020 建发合诚工程咨询股份有限公司 关于召开 2025 年第一季度业绩说明会暨参加厦门 辖区上市公司投资者网上集体接待日活动的公告 一季度的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息 披露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 投资者可于 2025 年 5 月 14 日（星期三）17:00 前将相关问题通过电子邮 件的方式发送至 603909@holsin.cn,公司将在说明会上就投资者普遍关注的问题 进行回答。 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。 建发合诚工程咨询股份有限公司（以下简称"公司"）已分别于 2025 年 3 月 22 日和 2025 年 4 月 26 日发布公司 2024 年度报告、公司 2025 年第一季度报 告。为进一步加强与投资者的互动交流，便于广大投资者更深入全面地了解公司 情况，公司将于 2025 年 5 月 15 日（星期四）下午 15:40-17:00 参加由厦门证监 ...

Investment Rating - The report maintains a "Buy" rating for the company, with expected PE valuations of 18.1x, 18.0x, and 14.5x for the years 2025-2027 respectively [5]. Core Insights - The company's Q1 2025 revenue was 1.54 billion RMB, a decrease of 5.5% year-on-year, and the net profit attributable to shareholders was 20.2 million RMB, down 9.6% year-on-year [2][3]. - New contract amounts increased significantly, with a total of 2.81 billion RMB in new contracts signed by the end of March 2025, representing a year-on-year increase of 171.7% [3]. - The parent company actively acquired land, with a total land acquisition amount of 20.7 billion RMB in Q1 2025, a substantial increase from 4.3 billion RMB in the same period last year [3]. - Operating cash flow was under pressure, with a net cash flow from operating activities of -263 million RMB, a decrease of 280.1% year-on-year, primarily due to reduced receivables from construction projects [4]. Summary by Sections Financial Performance - Q1 2025 revenue was 1.54 billion RMB, down 5.5% year-on-year; net profit attributable to shareholders was 20.2 million RMB, down 9.6% year-on-year; and net profit excluding non-recurring items was 18.65 million RMB, down 8.7% year-on-year [2][3]. - The company expects net profits for 2025-2027 to be 129 million RMB, 129 million RMB, and 161 million RMB, with year-on-year growth rates of 34.9%, 0.3%, and 24.5% respectively [5]. Contract and Project Development - The company signed new contracts worth 2.81 billion RMB by the end of March 2025, with construction contracts accounting for 2.6 billion RMB, a year-on-year increase of 249.9% [3]. - The parent company’s land acquisition activities have significantly improved, ranking fourth in the industry for land acquisition in Q1 2025 [3]. Cash Flow and Financial Health - The company reported a negative operating cash flow of -263 million RMB in Q1 2025, primarily due to decreased cash inflows from construction projects and increased costs [4]. - The report anticipates that the implementation of special bonds and increased local debt will help accelerate the recovery of receivables and improve asset quality and cash flow [4].