禾盛新材（002290.SZ）2025 年度业绩预告点评 净利润快速增长，看好 26 年 AI 侧业绩持续放量 glmszqdatemark | 推荐 | 维持评级 | | --- | --- | | 当前价格： | 64.02 元 | [Table_Author] 分析师 张宁 | | 执业证书： S0590523120003 | | --- | --- | | 邮箱： | zhangnyj@glms.com.cn | | 分析师 | 谢致远 | | | 执业证书： S0590525110073 | | 邮箱： | xiezhiyuan@glms.com.cn | 相对走势 -10% 97% 203% 310% 2025/1 2025/7 2026/1 禾盛新材 沪深300 相关研究 本公司具备证券投资咨询业务资格，请务必阅读最后一页免责声明 证券研究报告 1 [盈利预测与财务指标 Table_Forcast] | 项目/年度 | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业收入（百万元） | 2,526 | 2,6 ...

Group 1 - Northeast Securities expects a net profit of 1.477 billion yuan in 2025, a year-on-year increase of 69.06% [1] - Gansu Energy anticipates a net profit of 1.95 billion to 2.1 billion yuan in 2025, representing a year-on-year growth of 18.6% to 27.72% [2] - Ningbo Bank reports a projected net profit of 29.333 billion yuan in 2025, with an 8.13% year-on-year increase [3] Group 2 - Qianyuan Power forecasts a net profit of 567 million to 633 million yuan in 2025, indicating a year-on-year growth of 160% to 190% [5] - Batian Co. expects a net profit of 890 million to 980 million yuan in 2025, reflecting a year-on-year increase of 117.53% to 139.53% [6] - Tongfu Microelectronics anticipates a net profit of 1.1 billion to 1.35 billion yuan in 2025, with a year-on-year growth of 62.34% to 99.24% [7] Group 3 - Zhongyuan Nepe expects a net profit of 368 million to 428 million yuan in 2025, representing a year-on-year increase of 80.47% to 109.9% [8] - Huajin Co. predicts a net loss of 1.6 billion to 1.9 billion yuan in 2025, compared to a loss of 2.795 billion yuan in the previous year [9] - Xinghua Co. anticipates a net loss of 420 million to 560 million yuan in 2025, up from a loss of 380 million yuan in the previous year [4] Group 4 - Huayuan Holdings expects a net profit of 107 million to 118 million yuan in 2025, a year-on-year increase of 50.98% to 66.82% [12] - Taishan Petroleum forecasts a net profit of 130 million to 165 million yuan in 2025, indicating a year-on-year growth of 30.88% to 66.11% [13] - Jiuqi Software anticipates a net profit of 40 million to 60 million yuan in 2025, recovering from a loss of 156 million yuan in the previous year [21] Group 5 - Jin Fang Energy expects a net profit of 109 million to 143 million yuan in 2025, reflecting a year-on-year increase of 123.97% to 193.7% [16] - He Sheng New Materials anticipates a net profit of 152 million to 171 million yuan in 2025, representing a year-on-year growth of 55% to 75% [24] - Yuedong Microelectronics predicts a net loss of 340 million to 425 million yuan in 2025 [14] Group 6 - Aibo Medical plans to acquire at least 51% of Demai Medical, with an estimated valuation of the target company not exceeding 1 billion yuan [26] - Zhaoshang Shipping intends to build four 3000TEU container ships with a total investment of no more than 1.324 billion yuan [18] - Zhongtung High-tech's subsidiary has confirmed an increase in mineral resources, adding significant quantities of tungsten and other metals [27]

| 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司股 | 盈利: 15,176.02 万元至 17,134.22 万元 | 盈利:9,790.98 万元 | | 东的净利润 | 比上年同期上升:55.00%~75.00% | | | 归属于上市公司股 东的扣除非经常性 | 盈利: 15,169.02 万元至 17,127.22 万元 | 盈利:9.926.08 万元 | | 损益的净利润 | 比上年同期上升:52.82%~72.55% | | | 基本每股收益 | 盈利:0.61 元/股~0.69元/股 | 盈利:0.39元/股 | 1月20日，禾盛新材(002290.SZ)披露2025年度业绩预告，公司预计归属于上市公司股东的净利润1.52亿 元至1.71亿元，同比增长55%至75%;归属于上市公司股东的扣除非经常性损益的净利润1.52亿元至1.17 亿元，同比增长52.82%至72.55%。 公告称，2025年度公司预计归属上市公司股东净利润上升的原因为：公司加强供应链管理，带动公司产 品毛利率较上年同期增长。 ...

资金面上看，禾盛新材近5日主力资金总体呈净流出状态，累计净流出7496.30万元，其中，上一交易日 主力资金全天净流入1802.48万元。（数据宝）注：本文系新闻报道，不构成投资建议，股市有风险， 投资需谨慎。 禾盛新材股价出现异动，截至今日9时37分，股价大涨7.82%，成交292.51万股，成交金额1.78亿元，换 手率为1.18%，公司发布的最新业绩预告显示，预计2025年实现净利润1.52亿元—1.71亿元，净利润同 比增长55.00%—75.00%。 证券时报•数据宝统计显示，今日公布2025年业绩预告公司中，截至发稿股价较为强势的有中熔电气、 誉衡药业、芯碁微装等，股价分别上涨20.00%、10.03%、9.47%，股价跌幅较大的有粤桂股份、中孚实 业等，分别下跌9.06%、6.31%。 （原标题：2025年净利润预计增长55.00%—75.00% 禾盛新材大涨7.82%） ...

经济观察网2026年1月20日，禾盛新材（002290）发布2025年度业绩预告，预计2025年净利润1.52亿元 至1.71亿元，同比增长55.00%至75.00%；扣除非经常性损益后的净利润1.52亿元至1.71亿元，同比增长 52.82%至72.55%。 ...

资金面上，该股今日主力资金净流入1802.48万元，近5日资金净流出7496.30万元。（数据宝） （文章来源：证券时报网） 禾盛新材（002290）1月20日发布2025年业绩预增公告，预计实现净利润为1.52亿元~1.71亿元，净利润 同比增长55.00%~75.00%。 证券时报·数据宝统计显示，禾盛新材今日收于58.20元，上涨2.56%，日换手率为3.25%，成交额为4.62 亿元，近5日上涨8.20%。通过对2025年业绩预增50%以上的个股走势进行统计发现，预告发布后当日股 价上涨的占比63.33%，股价发布当日股价涨停的有3家。预告发布后5日股价上涨的占比71.11%。 ...

Group 1: New Stock Offerings - Medela's new stock offering has a subscription code of 920119, with an issue price of 41.88 yuan per share and a price-to-earnings ratio of 14.99 times, allowing a maximum subscription limit of 720,000 shares per account [2] Group 2: Fiscal Policy and Economic Measures - The Ministry of Finance will continue to implement a more proactive fiscal policy, aiming for increased total spending, improved structure, better efficiency, and stronger momentum, with necessary levels of fiscal deficit, total debt, and spending maintained through 2026 [3] - The Ministry of Finance has optimized the personal consumption loan interest subsidy policy, including credit card installment payments, removing restrictions on certain consumption areas, allowing all consumer loans to enjoy interest subsidies [3] - Starting April 1, 2026, export tax rebates for photovoltaic products will be canceled, and electronic product export tax rebates will be phased out over two years, promoting efficient resource use and guiding rational industrial structure adjustments [3] - Tax and fee preferential policies for community services such as elderly care, childcare, and housekeeping will continue, benefiting institutions providing these services [3] Group 3: Commodity Market Adjustments - The Shanghai Futures Exchange will adjust margin ratios and price fluctuation limits for futures contracts of copper, gold, and other commodities starting January 22, 2026 [4] - Domestic gasoline and diesel prices will increase by 85 yuan per ton due to rising international oil prices, marking the first price hike in 2026, with an average increase of 0.07 yuan per liter for 92 and 95 gasoline and 0 diesel [4] - Shanghai has released an action plan to enhance the linkage between spot and futures markets for non-ferrous metals, aiming to expand the international influence of "Shanghai prices" [4] Group 4: Company Earnings Forecasts - Huicheng Environmental Protection plans to increase its shareholding by 25 million to 50 million yuan [7] - JianTou Energy expects a net profit increase of approximately 253.38% year-on-year for 2025 [7] - Hikvision's performance report indicates a year-on-year growth of 18.46% in net profit attributable to shareholders for 2025 [7] - Longzi Co. anticipates a net profit increase of 245.25% to 302.8% year-on-year for 2025 [7] - Zhaoyan New Drug expects a net profit increase of 214% to 371% year-on-year for 2025 [8] - Huachen Equipment forecasts a net profit increase of 193.64% to 242.04% year-on-year for 2025 [8] - Qianyuan Power anticipates a net profit increase of 160% to 190% year-on-year for 2025 [8] - Jin Fang Energy expects a net profit increase of 123.97% to 193.7% year-on-year for 2025 [8] - Other companies such as Zhongfu Industrial, Batian Co., and Dongwei Technology also project significant year-on-year profit increases for 2025, ranging from 50% to over 300% [8][9]

禾盛新材（002290）(002290.SZ)披露2025年度业绩预告，公司预计归属于上市公司股东的净利润1.52亿 元至1.71亿元，同比增长55%至75%;归属于上市公司股东的扣除非经常性损益的净利润1.52亿元至1.17 亿元，同比增长52.82%至72.55%。 公告称，2025年度公司预计归属上市公司股东净利润上升的原因为：公司加强供应链管理，带动公司产 品毛利率较上年同期增长。 ...

公告称，2025年度公司预计归属上市公司股东净利润上升的原因为：公司加强供应链管理，带动公司产 品毛利率较上年同期增长。 智通财经APP讯，禾盛新材(002290.SZ)披露2025年度业绩预告，公司预计归属于上市公司股东的净利润 1.52亿元至1.71亿元，同比增长55%至75%;归属于上市公司股东的扣除非经常性损益的净利润1.52亿元 至1.17亿元，同比增长52.82%至72.55%。 ...

Core Viewpoint - Suzhou Hesheng New Materials Co., Ltd. has officially initiated the disposal of idle industrial buildings located in Suzhou Industrial Park, with a minimum transaction price of 80 million yuan [1][2] Group 1: Asset Disposal Details - The industrial building covers an area of 38,803.60 square meters and has a construction area of 17,550.41 square meters [1][2] - The building was originally acquired in 2010 for a printing PCM project, with a book value of 19.22 million yuan [1][2] Group 2: Strategic Implications - The disposal of idle assets is a key measure for optimizing the asset structure and focusing on core sectors [1][2] - By divesting low-efficiency assets, the company aims to concentrate resources on high value-added and high-growth emerging industries, facilitating a transition from traditional manufacturing to an innovation-driven enterprise [1][2] - This asset disposal not only helps to revitalize existing resources and improve asset operational efficiency but also marks the formal implementation of the company's strategic upgrade, providing a practical example for traditional enterprises in the industry to follow [1][2] - The company will continue to disclose updates on asset disposal progress and new industry layout dynamics [1][2]