据证券之星公开数据整理，近期聚合顺（605166）发布2025年中报。根据财报显示，聚合顺净利润同比 下降27.6%。截至本报告期末，公司营业总收入30.3亿元，同比下降13.87%，归母净利润1.11亿元，同 比下降27.6%。按单季度数据看，第二季度营业总收入14.67亿元，同比下降21.93%，第二季度归母净利 润2983.09万元，同比下降63.87%。 递延所得税资产变动幅度为57.97%,原因:可抵扣暂时性差异增加。 应交税费变动幅度为-66.2%,原因:本期期末应交所得税余额较上年年末减少。 营业收入变动幅度为-13.87%,原因:本期产品单价较上期有所下降。 营业成本变动幅度为-13.1%,原因:本期主要原材料单价较上期有所下降。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率7.4%，同比减9.98%，净利率4.09%，同 比减21.42%，销售费用、管理费用、财务费用总计224.47万元，三费占营收比0.07%，同比增147.28%， 每股净资产6.1元，同比增10.23%，每股经营性现金流0.36元，同比增95.12%，每股收益0.35元，同比减 27.08% | 项目 | 20 ...

Investment Rating - The investment rating for the company is "Outperform" (maintained) [7] Core Views - The company reported its 2025 half-year results, which were generally in line with expectations, with a revenue of 3.03 billion yuan (YoY -14%) and a net profit attributable to shareholders of 111 million yuan (YoY -28%) [7] - External challenges and declining raw material prices have put short-term pressure on the company's PA6 chip production and profitability [7] - The company is advancing into high-end nylon chips, enhancing its product structure and value [7] - The company is strategically positioning itself in the PA66 market through a partnership with China Tianchen, aiming for long-term growth [7] - The profit forecast for 2025 has been adjusted down to 285 million yuan due to external factors, while maintaining forecasts for 2026 and 2027 at 507 million yuan and 613 million yuan respectively [7] Financial Data and Profit Forecast - Total revenue projections for the company are as follows: - 2024: 7.168 billion yuan - 2025: 6.366 billion yuan - 2026: 8.425 billion yuan - 2027: 8.956 billion yuan [3][9] - Net profit attributable to shareholders is projected as follows: - 2024: 300 million yuan - 2025: 285 million yuan - 2026: 507 million yuan - 2027: 613 million yuan [3][9] - Earnings per share (EPS) estimates are: - 2024: 0.95 yuan - 2025: 0.91 yuan - 2026: 1.61 yuan - 2027: 1.95 yuan [3][9] - The company's gross margin is expected to improve from 8.1% in 2024 to 10.9% in 2027 [3] Market Data - As of August 26, 2025, the closing price of the company's stock was 12.53 yuan, with a market capitalization of 3.944 billion yuan [4] - The company has a price-to-earnings (PE) ratio projected at 14 for 2025, compared to an average PE of 32 for comparable companies [7]

Group 1 - The core viewpoint of the news is that 聚合顺 (605166.SH) has reported its half-year results for 2025, highlighting significant institutional investor activity and changes in shareholding patterns [1] - As of August 26, 2025, a total of 12 institutional investors disclosed holdings in 聚合顺 A-shares, with a combined holding of 102 million shares, representing 32.48% of the total share capital [1] - The top ten institutional investors include notable entities such as 温州永昌控股有限公司 and 中国工商银行股份有限公司, with their combined holding percentage at 32.47%, indicating a decrease of 5.13 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, there was a decrease in holdings from one public fund, 交银趋势混合A, with a reduction percentage of 2.44% compared to the previous quarter [2] - Two new public funds were disclosed during this period, including 富国优化增强债券A/B and 中庚小盘价值股票 [2] - A total of 21 public funds were not disclosed in this period, with notable exclusions such as 交银启诚混合A and 招商量化精选股票发起式A [2]

Group 1 - The company reported a revenue of 3.03 billion yuan for the first half of 2025, representing a year-on-year decline of 13.87% [1] - The net profit attributable to shareholders was 111 million yuan, down 27.6% year-on-year [1] - The net profit excluding non-recurring items was 109 million yuan, a decrease of 26.01% compared to the previous year [1] - The basic earnings per share stood at 0.35 yuan [1]

证券日报网讯 8月26日晚间，聚合顺发布公告称，公司第四届董事会第五次会议审议通过了《关于公司 2025年半年度报告及其摘要的议案》等多项议案。 （文章来源：证券日报） ...

证券日报网讯 8月26日晚间，聚合顺发布公告称，公司第四届监事会第五次会议审议通过了《关于公司 2025年半年度报告及其摘要的议案》等多项议案。 （文章来源：证券日报） ...

Group 1 - The core viewpoint of the article highlights that 聚合顺 reported a decline in revenue and profit for the first half of 2025, with a revenue of 3.03 billion yuan, down 13.87% year-on-year, and a net profit of 111 million yuan, down 27.60% year-on-year [1] - The company's gross margin for the first half of 2025 was 7.40%, a decrease of 0.82 percentage points year-on-year, while the net margin was 4.09%, down 1.11 percentage points from the same period last year [1] - In Q2 2025, the gross margin further declined to 6.58%, down 1.88 percentage points year-on-year and 1.59 percentage points quarter-on-quarter, with a net margin of 2.28%, down 3.09 percentage points year-on-year and 3.51 percentage points quarter-on-quarter [1] Group 2 - The company's operating expenses for the first half of 2025 amounted to 95.70 million yuan, an increase of 4.38 million yuan year-on-year, with a period expense ratio of 3.16%, up 0.56 percentage points from the previous year [2] - Sales expenses increased by 80.64% year-on-year, while management expenses rose by 22.42%, and R&D expenses decreased by 3.49% [2] - As of the end of the first half of 2025, the total number of shareholders was 18,500, an increase of 3,395 households, or 22.45%, while the average market value per household decreased by 30.14% [2] Group 3 - 聚合顺 operates in the basic chemical industry, specifically in chemical fibers, focusing on nylon materials [3] - The company's main business involves the research, production, and sales of nylon new materials, with 99.98% of its revenue coming from nylon chips [2]

Group 1 - The core point of the article is that 聚合顺 (SH 605166) announced the convening of its fourth board meeting on August 26, 2025, to review the 2025 semi-annual report and its summary [1] - For the year 2024, the revenue composition of 聚合顺 shows that chemical products account for 99.98% of total revenue, while other businesses contribute only 0.02% [1] - As of the report, 聚合顺 has a market capitalization of 3.9 billion yuan [1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for related companies [1]

证券代码：605166 证券简称：聚合顺 公告编号：2025-077 转债代码：111003 转债简称：聚合转债 转债代码：111020 转债简称：合顺转债 聚合顺新材料股份有限公司 第四届监事会第五次会议决议公告 本公司监事会及全体监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。 聚合顺新材料股份有限公司（以下简称"公司"）第四届监事会第五次会 议于 2025 年 08 月 26 日在公司会议室以现场方式召开。会议通知于 2025 年 08 月 16 日以通讯方式发出。本次会议由监事会主席沈红燕女士召集和主持，会议 应出席监事 3 名，实际出席监事 3 名。本次会议的召集、召开及表决程序符合 《中华人民共和国公司法》和《公司章程》的有关规定，会议形成的决议合法、 有效。本次会议作出决议如下： 一、审议通过了《关于公司2025年半年度报告及其摘要的议案》 监事会依据《证券法》《上市公司信息披露管理办法》《上海证券交易所 股票上市规则》及《公司章程》等有关规定，经审核，认为： (1)2025年半年度报告的编制和审议程序符合法律、法规、《公司章程》和 ...

证券代码：605166 证券简称：聚合顺 公告编号：2025-081 转债代码：111003 转债简称：聚合转债 转债代码：111020 转债简称：合顺转债 聚合顺新材料股份有限公司 关于召开2025年第四次临时股东大会的通知 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法律责任。 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票 相结合的方式 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 12 日 14 点 00 分 召开地点：浙江省杭州市钱塘区纬十路 389 号聚合顺新材料股份有限公司 一楼会议室 重要内容提示： ? 股东大会召开日期：2025年9月12日 ? 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 一、 召开会议的基本情况 (一) 股东大会类型和届次 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 12 日 至2025 年 9 月 ...