交易所数据显示，11月28日，亚钾国际收盘44.15元，上涨1.01%，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22.73倍，总市值407.97亿元。 从行业市盈率排名来看，公司所处的化肥行业行业市盈率平均27.87倍，行业中值23.65倍，亚钾国际排 名第15位。 股东方面，截至2025年9月30日，亚钾国际股东户数22729户，较上次减少3806户，户均持股市值35.28 万元，户均持股数量2.76万股。 亚钾国际投资(广州)股份有限公司的主营业务是钾盐矿开采、钾肥生产及销售业务。公司的主要产品是 氯化钾。 最新一期业绩显示，2025年三季报，公司实现营业收入38.67亿元，同比增加55.76%；净利润13.63亿 元，同比增加163.01%，销售毛利率58.91%。 来源：市场资讯 序号股票简称PE(TTM)PE(静)市净率总市值(元)8亚钾国际22.7342.923.12407.97亿行业平均 27.8732.423.29216.32亿行业中值23.6530.012.0781.78亿1云天化10.0110.592.33564.58亿2史丹利 11.1413.181.49108.85 ...

Core Insights - The report provides a summary of recommended stocks across various industries for December 2025, highlighting investment logic and potential growth opportunities for each company [2]. Industry Summaries Construction - Shenghui Integrated (603163.SH) is a Taiwanese cleanroom engineering service provider and a core engineering supplier for Google's TPU, poised to benefit from TSMC's expansion in the U.S. with potential orders from TSMC Arizona and multiple North American data centers [2]. Banking - China Merchants Bank (600036.SH) is expected to attract investors due to its stable operations and a projected dividend yield of 4.62% for the 2024 annual report, with increased demand for low-volatility stocks as market fluctuations rise [2]. Electronics - Aojie Technology (688220.SH) is positioned to benefit from the AI trend, with its unique 2-5G full-standard cellular communication capabilities and strong ASIC customization experience, which are expected to drive growth in wearable technology and other applications [2]. Power Equipment and New Energy - Delijia (603092.SH) maintains a leading market share in wind power main gearboxes, with a projected global market size of $11.563 billion by 2030 and a compound annual growth rate of 5.10% from 2024 to 2030, indicating stable growth prospects [2]. Basic Chemicals - Yaqi International (000893) is set to increase its potash fertilizer production capacity significantly, benefiting from a rising global potash market [2]. Agriculture, Forestry, Animal Husbandry, and Fishery - Youran Dairy (9858.HK), a leading global dairy farming company, is expected to benefit from rising milk prices and beef prices, leading to improved performance [2]. Internet - Alibaba (9988.HK) is experiencing accelerated growth in cloud revenue, with a 34% year-on-year increase in FY26Q2, and is expected to continue improving profitability through enhanced user engagement and AI integration [2]. Pharmaceuticals - Yifeng Pharmacy (603939.SH) is anticipated to see profit improvements due to ongoing optimization of its store structure and a clear plan for non-pharmaceutical profit growth [2]. Home Appliances - Midea Group (000333.SZ) is focusing on dual-driven strategies in domestic and international markets, with strong cash flow and a favorable dividend yield, despite facing some pressure in Q4 [2]. Non-Bank Financials - Ping An Insurance (601318.SH) is increasing investments in high-quality long-term assets, with potential for valuation improvement as market conditions shift [2].

Core Insights - The report provides a summary of recommended stocks across various industries for December 2025, highlighting investment logic and potential growth opportunities for each company [2]. Industry Summaries Construction - Shenghui Integrated (603163.SH) is a Taiwanese cleanroom engineering service provider and a core engineering supplier for Google's TPU, poised to benefit from TSMC's expansion in the U.S. with potential orders from TSMC Arizona and multiple North American data centers [2]. Banking - China Merchants Bank (600036.SH) is expected to attract investors due to its stable operations and a projected dividend yield of 4.62% for the 2024 annual report, with increased demand for low-volatility stocks as market fluctuations rise [2]. Electronics - Aojie Technology (688220.SH) is positioned to benefit from the AI trend, with its unique 2-5G full-standard cellular communication capabilities and strong ASIC customization experience, which is expected to drive growth in wearable technology [2]. Power Equipment and New Energy - Delijia (603092.SH) maintains a leading market share in wind power main gearboxes, with a projected global market size of $11.563 billion by 2030 and a compound annual growth rate of 5.10% from 2024 to 2030 [2]. Basic Chemicals - Yaqi International (000893) is set to increase its potash fertilizer production capacity significantly, benefiting from a rising global potash market [2]. Agriculture, Forestry, Animal Husbandry, and Fishery - Youran Dairy (9858.HK), a leading global dairy farming company, is expected to benefit from rising milk prices and beef price increases, leading to improved performance [2]. Internet - Alibaba (9988.HK) is experiencing accelerated growth in cloud revenue, with a 34% year-on-year increase in FY26Q2, and is expected to continue improving profitability [2]. Pharmaceuticals - Yifeng Pharmacy (603939.SH) is anticipated to see profit improvements due to ongoing optimization of its store structure and a clear planning rhythm for non-pharmaceutical profit increments [2]. Home Appliances - Midea Group (000333.SZ) is advancing its dual-driven strategy, focusing on both B2B and B2C markets, with strong cash flow and a favorable dividend yield, making it an attractive investment [2]. Non-Banking Financials - Ping An Insurance (601318.SH) is increasing investments in high-quality long-term assets, with potential for valuation improvement as market conditions shift [2].

交易所数据显示，11月27日，亚钾国际收盘43.71元，上涨3.28%，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22.50倍，总市值403.90亿元。 从行业市盈率排名来看，公司所处的化肥行业行业市盈率平均27.62倍，行业中值23.13倍，亚钾国际排 名第15位。 亚钾国际投资(广州)股份有限公司的主营业务是钾盐矿开采、钾肥生产及销售业务。公司的主要产品是 氯化钾。 最新一期业绩显示，2025年三季报，公司实现营业收入38.67亿元，同比增加55.76%；净利润13.63亿 元，同比增加163.01%，销售毛利率58.91%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)8亚钾国际22.5042.503.09403.90亿行业平均 27.6231.933.25212.98亿行业中值23.1329.772.0279.68亿1云天化9.9110.482.31558.93亿2史丹利 11.0813.111.48108.28亿3新洋丰12.2514.681.68193.10亿4芭田股份12.8227.933.12114.28亿5云图控股 16.0116.121.40129.71亿6川金 ...

Group 1 - The chemical sector has regained momentum, with the chemical ETF (516020) rising by 1.3% as of the latest report [1] - Key stocks in the lithium battery, potash fertilizer, and phosphorus chemical sectors have shown significant gains, with Tianqi Materials up over 4% and several others rising more than 3% [1] - The basic chemical sector has seen a substantial inflow of funds, with over 5.4 billion yuan net inflow on the day, ranking second among 30 major industries [1][5] Group 2 - The chemical ETF (516020) has outperformed major indices this year, with a year-to-date increase of 24.47%, compared to 15.29% for the Shanghai Composite Index and 14.81% for the CSI 300 Index [3][4] - The current price-to-book ratio of the chemical sector is 2.27, indicating a relatively low valuation compared to the past decade, suggesting good long-term investment potential [5] - Analysts expect the chemical industry to benefit from a "de-involution" trend, leading to improved performance and valuation, with a potential turning point anticipated in 2026 [5][6] Group 3 - The chemical ETF (516020) tracks the CSI Sub-Industry Chemical Index, covering various sub-sectors, with nearly 50% of its holdings in large-cap leading stocks [6] - Investors can also access the chemical sector through linked funds of the chemical ETF, enhancing investment efficiency [6]

长城证券研报指出，亚钾国际2025年前三季度归母净利润为13.63亿元，同比上升163.01%；Q3归母净 利润为5.08亿元，环比上升7.99%。氯化钾量价齐升，公司业绩同比高增。公司2025年前三季度销售毛 利率为58.91%，同比上升9.79pcts。公司利润同比高增的主要原因为钾肥销量增加、销售价格上升。结 合公司11月25日收盘价，对应PE分别为21/14/11倍。看好公司钾盐产能的不断释放以及非钾业务方面的 布局，有望进一步打开利润增长空间，维持"买入"评级。 ...

化工板块今日（11月26日）震荡盘整。反映化工板块整体走势的化工ETF（516020）早盘持续低位震荡，随后有所拉升，截至发稿，场内价格涨 0.13%。 成份股方面，民爆制品、钾肥、磷化工等板块部分个股涨幅居前。截至发稿，广东宏大大涨超4%，亚钾国际、盐湖股份双双涨超3%，宏达股份、扬农 化工、藏格矿业等多股跟涨超1%。 | 分时 多日 | | 1分 5分 15分 30分 60分 | | 日 12 | | | F9 盘前盘后 餐加 九转 画线 工具 | 6 2 > | 化. | 1 | 516020 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 0.781 | | | 13:22 价 0.777 | | | : 0.001(0.13%) 均价 0.774 成交量 256 IOPV 0.7774 | | 0.6699 | 0 -7 | | +0.001 +0.13% | | 0.779 | | | | | | | | 0.33% | SSE CNY | 13:22:37 交易中 | 十八郎 之 版 | ...

| 股票简称 | 股票代码 | 限售股类型 | 解禁股数 | | --- | --- | --- | --- | | 湖北能源 | 000883 | 股权激励限售流通 | 31.47万 | | 亚钾国际 | 000893 | 股权激励限售流通 | 240万 | | 南方航空 | 600029 | 增发A股原股东配售上市 | 8.04亿 | | 宁波韵升 | 600366 | 增发A股法人配售上市 | 3599.9万 | | 华兰生物 | 002007 | 股权激励限售流通 | 132.43万 | | 久其软件 | 002279 | 股权激励限售流通 | 244.78万 | | 吉峰科技 | 300022 | 股权激励限售流通 | 25万 | | 海默科技 | 300084 | 股权激励限售流通 | 270.9万 | | 金禾实业 | 002597 | 股权激励限售流通 | 54.64万 | | 维力医疗 | 603309 | 股权激励限售流通 | 3.3万 | | 艾德生物 | 300685 | 股权激励限售流通 | 153.63万 | | 海晨股份 | 300873 | 增发A股原股东配售上市 | 1726 ...

Core Insights - As of November 19, 2025, Yara International (000893) closed at 44.13 CNY, up 4.7% with a turnover rate of 1.57% and a trading volume of 127,500 shares, resulting in a transaction value of 557 million CNY [1] Financial Performance - For the first three quarters of 2025, Yara International reported a main revenue of 3.867 billion CNY, a year-on-year increase of 55.76%, and a net profit attributable to shareholders of 1.363 billion CNY, up 163.01% [5] - In Q3 2025 alone, the company achieved a main revenue of 1.345 billion CNY, a year-on-year increase of 71.37%, and a net profit of 508 million CNY, up 104.69% [5] - The company's gross profit margin stands at 58.91%, significantly higher than the industry average of 20.04% [5] Market Position - Yara International's total market capitalization is 40.778 billion CNY, ranking 4th in the fertilizer industry, while its net assets and net profit also place it in the top 5 [5] - The company's price-to-earnings ratio (P/E) is 22.44, which is considerably lower than the industry average of 99.33, indicating a favorable valuation [5] Capital Flow - On November 19, 2025, the net inflow of main funds was 9.444 million CNY, accounting for 1.7% of the total transaction value, while retail investors saw a net inflow of 12.249 million CNY, representing 2.2% of the total [1][2] - Over the past five days, the stock has experienced fluctuations in capital flow, with notable net outflows from speculative funds on several days [2][3] Institutional Ratings - In the last 90 days, 20 institutions have rated Yara International, with 15 buy ratings and 5 hold ratings, indicating a generally positive outlook [6]

Group 1 - The chemical sector showed a strong rebound on November 19, with the Chemical ETF (516020) experiencing fluctuations, reaching a maximum intraday increase of 1.6% and closing up by 1.23% [1][2] - Key stocks in the sector included rubber additives, soda ash, lithium batteries, and potash fertilizers, with notable gains from Tongcheng New Materials (up 6.62%), Boyuan Chemical, and Salt Lake Co. (both up over 5%) [1][2] - The basic chemical sector attracted significant capital inflow, with a net inflow of 8.675 billion yuan for the day and a total of 24.828 billion yuan over the past five trading days, leading among 30 sectors [1][3] Group 2 - The Chemical ETF (516020) has seen substantial net subscriptions, with over 370 million yuan in net inflows across three of the last five trading days [3][4] - The price of lithium hexafluorophosphate, a key raw material for electrolytes, has surged to 160,000 yuan per ton, more than tripling since the price bottomed out in July 2025 [3][4] - The supply of lithium hexafluorophosphate is expected to remain tight until 2026 due to production constraints among smaller firms, despite leading companies operating at full capacity [4] Group 3 - The chemical sector is anticipated to benefit from a rebound as the industry moves away from a prolonged bottoming phase, with signs of economic improvement reflected in rising PPI and CPI [5] - The chemical expansion cycle is nearing its end, with various industries, including glyphosate and PTA, beginning to experience upward profitability trends [5] - The Chemical ETF (516020) tracks the CSI sub-sector chemical industry index, with nearly 50% of its holdings in large-cap stocks, providing investors with exposure to leading companies in the sector [5]