证券日报网讯 9月1日晚间，山东赫达发布公告称，公司自2025年5月16日至8月29日期间，通过集中竞 价交易方式累计回购公司股份1，777，700股，约占公司总股本的0.5106%。 （文章来源：证券日报） ...

格隆汇9月1日丨山东赫达(002810.SZ)公布，公司于2025年5月16日首次通过股份回购专用证券账户以集 中竞价交易方式实施本次回购股份。截至2025年8月29日，公司通过股份回购专用证券账户使用自有资 金以集中竞价交易方式累计回购公司股份177.77万股，约占公司总股本的0.5106%，其中，最高成交价 为14.289元/股，最低成交价为11.10元/股，成交总金额2113.0571万元(不含交易费用)。 ...

Group 1 - The company Shandong Heda announced a share buyback plan, repurchasing approximately 1.78 million shares, which accounts for about 0.5106% of its total share capital, with a total transaction amount of approximately 21.13 million yuan [1] - The highest transaction price during the buyback was approximately 14.29 yuan per share, while the lowest was 11.1 yuan per share [1] - As of the report date, Shandong Heda's market capitalization is 4.9 billion yuan [1] Group 2 - For the first half of 2025, Shandong Heda's revenue composition is as follows: cellulose ether accounts for 72.98%, plant capsules 21.1%, other trade chemical products 3.86%, graphite chemical equipment 1.9%, and other businesses 0.16% [1]

山东赫达集团股份有限公司 证券代码：002810 证券简称：山东赫达 公告编号：2025-071 债券代码：127088 债券简称：赫达转债 关于回购公司股份进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 山东赫达集团股份有限公司（以下简称"公司"）于 2025 年 4 月 15 日召开第九届董事会第二十一次会议，审议通过了《关于回购 公司股份方案的议案》，同意公司使用自有资金以集中竞价交易方式 回购公司部分已发行的人民币普通股（A 股）股票，回购股份全部用 于转换上市公司发行的可转换为股票的公司债券。本次回购资金总额 不低于人民币 5,000 万元（含），不超过人民币 10,000 万元，回购价 格不超过人民币 18.00 元/股。本次回购股份的实施期限为自公司董 事会审议通过本次回购方案之日起 12 个月内。具体内容详见公司于 2025 年 4 月 16 日 、 2025 年 4 月 18 日 在 巨 潮 资 讯 网 （www.cninfo.com.cn）披露的《关于回购公司股份方案的公告》 （公告编号：2025-013）、《回购股份报告书》（ ...

Core Insights - The company reported a revenue of 972 million yuan for the first half of 2025, representing a year-on-year increase of 3.91%, while the net profit attributable to the parent company was 113 million yuan, a decrease of 8.71% [1] - In the second quarter of 2025, the company achieved a revenue of 505 million yuan, a slight decline of 0.99% year-on-year, with a net profit of 67.97 million yuan, down 3.35% year-on-year [1] - For the year 2024, the company experienced significant growth, with total revenue reaching 1.957 billion yuan, an increase of 25.72%, and a net profit of 222 million yuan, up 0.65% [1] - The company signed an exclusive agency agreement with IMCD, a global leader in chemical distribution, to enhance its global presence [1] Business Strategy - The company plans to invest in a plant capsule project in the U.S. with a capacity of 20 billion capsules per year, aiming to strengthen its market share and pricing power in the U.S. and surrounding markets [2] - The investment is capped at 500 million yuan and will be funded through internal resources or external financing, with a construction period of approximately 20 months, targeting completion by 2026 [2] - This project aligns with industry trends and is seen as a necessary step for the company's sustainable global development strategy [2] Financial Projections - Revenue forecasts for 2025 to 2027 are 2.325 billion yuan, 2.488 billion yuan, and 2.724 billion yuan, respectively, with net profits projected at 229 million yuan, 283 million yuan, and 352 million yuan [2] - The expected earnings per share (EPS) for the same period are 0.66 yuan, 0.81 yuan, and 1.01 yuan, with corresponding price-to-earnings (PE) ratios of 21.6x, 17.4x, and 14.0x [2]

Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of 972 million yuan, a year-on-year increase of 4%, and a net profit attributable to shareholders of 113 million yuan, a year-on-year decrease of 9% [1] - In Q2 2025, the company reported revenue of 505 million yuan, a year-on-year increase of 1%, and a net profit attributable to shareholders of 68 million yuan, a year-on-year decrease of 3% [1] - The company plans to distribute a cash dividend of 1 yuan for every 10 shares [1] Group 2: Industry Position and Product Development - The company is a global leader in cellulose ether, which is widely used in construction materials, pharmaceuticals, food, aerospace, and new energy batteries [2] - The company established a subsidiary, Hershey, in 2014 to enter the plant capsule industry, achieving an integrated supply chain from cellulose ether to plant capsules [2] - By the end of 2024, the company's production capacity for cellulose ether and plant capsules is expected to reach 74,000 tons and 35 billion capsules, respectively, with an additional 15 billion capsules under construction [2] Group 3: Market Expansion and Strategic Initiatives - In the first half of 2025, the company's export revenue accounted for 65% of total revenue, with a year-on-year increase of 9% to 630 million yuan, and the gross margin for exports is significantly higher than for domestic sales [2] - In May 2025, the company signed an exclusive agency agreement with Univar Solutions to expand its pharmaceutical-grade cellulose ether distribution to Europe, accelerating its global layout [2] - The company is responding to the U.S. anti-dumping measures by planning to invest in a plant capsule project in the U.S. with a capacity of 20 billion capsules per year, with an investment not exceeding 500 million yuan [3] Group 4: Future Outlook - The company expects net profits attributable to shareholders for 2025-2027 to be 221 million, 339 million, and 427 million yuan, respectively, and has initiated coverage with a "recommend" rating [4]

本次财报公布的各项数据指标表现一般。其中，毛利率26.79%，同比增3.05%，净利率11.64%，同比减 12.14%，销售费用、管理费用、财务费用总计7572.83万元，三费占营收比7.79%，同比减7.85%，每股 净资产6.42元，同比增6.37%，每股经营性现金流0.12元，同比减73.94%，每股收益0.33元，同比减 8.33% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 9.35 6 | 9.72亿 | 3.91% | | 归母净利润(元) | 1.24亿 | 1.13亿 | -8.71% | | 扣非净利润(元) | 1.16亿 | 1.05亿 | -9.55% | | 货币资金(元) | 3.6亿 | 4.24亿 | 17.75% | | 应收账款(元) | 4.54亿 | 5.86 Z | 29.27% | | 有息负债(元) | 10.17亿 | 9.88.6 | -2.84% | | 手利率 | 25.99% | 26.79% | 3.05% | | 净利率 | 13.25% | 1 ...

Group 1 - The core viewpoint of the article is that Shandong Heda announced the results of its board meeting and provided insights into its revenue composition for the first half of 2025 [1] - Shandong Heda's revenue for the first half of 2025 is primarily composed of cellulose ether, accounting for 72.98%, followed by plant capsules at 21.1%, other trade chemical products at 3.86%, graphite chemical equipment at 1.9%, and other businesses at 0.16% [1] - As of the report, Shandong Heda has a market capitalization of 4.8 billion yuan [1] Group 2 - The article mentions that the A-share market has seen trading volumes exceed 2 trillion yuan for eight consecutive days, indicating a robust trading environment [1] - The recruitment activities by major brokerage firms are highlighted, with 25 job positions available, reflecting the industry's demand for talent [1]

公告显示，公司半年度营业收入971,736,215.89元，同比增加3.91%，归属上市公司股东的净利润 113,137,078.33元，同比减少8.71%。 公告显示，十大流通股东中，中国银行股份有限公司－华商甄选回报混合型证券投资基金、上海满风资 产管理有限公司－满风启真私募证券投资基金为新进流通股东。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 8月25日消息，山东赫达发布半年度报告。 责任编辑：小浪快报 ...

附件： 山东赫达集团股份有限公司2025年1-6月非经营性资金占用及其他关联资金往来情况汇总表 其他说明： 其他关联方及其附属企业HEAD SOLUTIONS, S.L.2024年度占用累计发生金额（不含利息）和偿还累计发生额为本年度汇兑损益变动金额。 3 | 编制单位：山东赫达集团股份有限公司 | | | | | | | | | | 单位：万元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占 | 资金占用方名称 | 占用方与上市公司 | 上市公司核算 | 2025年期初占 | 2025年1-6月占用 累计发生金额 | 2025年1-6月占 用资金的利息 | 2025年1-6月偿 | 2025年6月期末 | 占用形成原 | 占用性质 | | 用 | | 的关联关系 | 的会计科目 | 用资金余额 | （不含利息） | （如有） | 还累计发生金额 | 占用资金余额 | 因 | | | 控股股东、实际 | | | | | | | | | | | | 控制人及其附属 | | | | | | | | | ...