格隆汇8月21日丨回天新材(300041.SZ)在互动平台表示，2025年上半年公司出口业务收入约占营业总收 入13%，其中主要以东南亚、中东等市场为主，少部分出口至欧盟国家。 ...

华经产业研究院为助力企业、科研、投资机构等单位了解结构胶行业发展态势及未来趋势，特重磅推出 《2025-2031年中国结构胶行业市场全景分析及投资规划建议报告》，本报告由华经产业研究院研究团 队对结构胶行业进行多年跟踪研究，使用桌面研究与定量调查、定性分析相结合的方式，全面解读结构 胶行业市场，深度挖掘行业潜在商机；科学运用研究模型，多维度对行业投资风险进行评估后精心研究 编制。 行业产业链基础化工原料和助剂的供应相对集中，部分原材料如环氧树脂、聚氨酯等的产量呈现增长态 势，为结构胶行业提供了稳定的发展基础。产业链下游为建筑领域、汽车领域、新能源领域、电子工程 等领域。 随着城市化进程的加快基础设施建设和建筑维修市场的扩大，结构胶作为一种高效、可靠的粘接材料， 其应用范围和需求量持续增加，2024年中国加固材料结构胶市场规模约485亿元。近年来，中国工业与 交通建筑结构复杂化持续提升，新型结构胶品类持续涌现，行业呈现标准化发展，预计2025年市场规模 突破500亿元。 中国加固材料结构胶行业横跨多个细分赛道，企业分布广泛，市场集中度尚未形成规模化主导。中国加 固材料结构胶行业正处于快速发展阶段，虽市场规模逐年 ...

据证券之星公开数据整理，近期回天新材(300041)发布2025年中报。截至本报告期末，公司营业总收入 21.68亿元，同比上升7.72%，归母净利润1.43亿元，同比上升4.18%。按单季度数据看，第二季度营业 总收入10.97亿元，同比上升5.15%，第二季度归母净利润6097.93万元，同比上升6.18%。本报告期回天 新材公司应收账款体量较大，当期应收账款占最新年报归母净利润比达1374.08%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率22.46%，同比增17.68%，净利率6.66%，同比减 1.78%，销售费用、管理费用、财务费用总计2.36亿元，三费占营收比10.87%，同比增19.17%，每股净 资产4.92元，同比减0.75%，每股经营性现金流0.05元，同比增172.3%，每股收益0.25元，同比增3.75% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 20.13亿 | 21.68亿 | 7.72% | | 归母净利润(元) | 1.37亿 | 1.43亿 | 4.18% | | ...

Group 1 - The company reported a steady growth in its main adhesive products, with sales volume reaching approximately 160,000 tons, a year-on-year increase of 25.56% [1] - In the first half of 2025, the company achieved operating revenue of 2.168 billion yuan, a year-on-year growth of 7.72%, and a net profit attributable to shareholders of 143 million yuan, up 4.18% [1] - The company has successfully expanded its customer base in high-growth sectors, including partnerships with leading global automotive parts manufacturers in the automotive electronics adhesive field [1] Group 2 - The company invested approximately 85.22 million yuan in R&D during the reporting period, a year-on-year increase of 17.39%, and initiated 22 new key R&D projects [2] - Six invention patents were granted, and 11 invention patents were filed during the first half of the year, indicating a focus on innovation and product development [2] - New product sales revenue continues to increase, supporting the company's sustainable development and profitability enhancement [2]

Core Viewpoint - The company has demonstrated resilience and growth in a challenging macroeconomic environment, focusing on innovation and operational efficiency to enhance its competitive advantage. Group 1: Company Overview - The company reported a sales volume of approximately 160,000 tons of adhesive products in the first half of 2025, representing a year-on-year increase of 25.56% [5] - The operating revenue reached 2,168.47 million yuan, an increase of 7.72% year-on-year, while the net profit attributable to shareholders was 142.51 million yuan, up 4.18% year-on-year [5] Group 2: Business Segments Performance - In the automotive sector, the company has significantly increased its market share in lithium battery adhesives, with sales revenue doubling year-on-year, and the passenger vehicle business growing over 30% [5] - The electronics sector saw a year-on-year sales volume increase of approximately 29%, driven by new opportunities in consumer and automotive electronics [7] - The photovoltaic business achieved a year-on-year sales growth of about 9.3%, maintaining a leading market position despite industry challenges [8] - The packaging segment reported a revenue increase of approximately 15% year-on-year, with a focus on environmentally friendly adhesive products [8] Group 3: Research and Development - The company invested approximately 85.22 million yuan in R&D during the first half of 2025, a year-on-year increase of 17.39%, with 22 new key projects initiated [9] - The company obtained 6 new invention patents and filed 11 new applications, indicating a strong commitment to innovation [9] Group 4: Supply Chain Management - The company has optimized its supply chain management to enhance operational efficiency and risk resilience, achieving record production and delivery levels [10] - Strategic partnerships with suppliers and digital tools have been employed to stabilize costs and improve delivery accuracy [10]

Core Viewpoint - The company reported a revenue of 2.168 billion yuan for the first half of 2025, marking a year-on-year growth of 7.72%, and a net profit attributable to shareholders of 143 million yuan, up 4.18% year-on-year [2] Group 1: Financial Performance - The company's main adhesive product sales reached approximately 160,000 tons, representing a year-on-year increase of 25.56% [2] - The revenue from the transportation sector was about 650 million yuan, showing a year-on-year growth of approximately 34% [3] - The electronic and electrical business saw a product sales increase of about 29% year-on-year [3] Group 2: Product Development and Market Expansion - The company has a total production capacity of 260,000 tons for silicone adhesives, 80,000 tons for polyurethane adhesives, and 35,000 tons for other adhesives, along with a solar cell backsheet capacity of 120 million square meters [2] - The company achieved a doubling of sales in thermal conductive structural adhesives and stable mass delivery of negative electrode adhesives, significantly increasing market share in the lithium battery sector [2] - The company invested approximately 85.22 million yuan in R&D, a year-on-year increase of 17.39%, with 22 new key R&D projects initiated [4] Group 3: Strategic Focus and Future Outlook - The company aims to explore market opportunities and product layouts in emerging fields such as low-altitude economy and AI, where stable mass supply has not yet been achieved [4] - The asset-liability ratio as of June 2025 was 54.19%, a decrease of 2.03 percentage points from the end of 2024, indicating improved financial stability [4] - The EBITDA interest coverage ratio improved to 6.55 times, up from 5.72 times at the end of 2024, reflecting stronger earnings relative to interest expenses [4]

证券日报网讯 8月19日晚间，回天新材发布2025年半年度报告摘要称，2025年半年度公司实现营业收入 为2，168，474，467.10元，同比增长7.72%；实现归属于上市公司股东的净利润为142，514，884.86 元，同比增长4.18%。 （文章来源：证券日报） ...

Core Insights - The company reported a revenue of 2.168 billion yuan for the first half of 2025, representing a year-on-year growth of 7.72%, and a net profit attributable to shareholders of 143 million yuan, up 4.18% year-on-year [1] - The sales volume of the company's main adhesive products reached approximately 160,000 tons, marking a year-on-year increase of 25.56% [1] Group 1: Business Performance - The company's lithium battery business saw a significant breakthrough, with thermal conductive adhesive sales doubling and negative electrode adhesives achieving full production and sales [1] - In the passenger vehicle sector, collaboration with leading automotive companies deepened, resulting in over 30% growth in the passenger vehicle business [1] - The transportation sector generated approximately 650 million yuan in sales, reflecting a year-on-year growth of about 34% [1] Group 2: Industry Trends - The electronics sector exhibited structural recovery and differentiated growth, with product sales in the electronic and electrical business increasing by approximately 29% year-on-year [2] - In the photovoltaic industry, despite ongoing price pressures, the company achieved a 9.3% year-on-year increase in sales of photovoltaic adhesives through a dual strategy of "technical reserves + customer binding" [2] - The packaging adhesive business also saw a revenue increase of about 15% year-on-year [2] Group 3: Research and Development - The company invested approximately 85.22 million yuan in R&D during the reporting period, a year-on-year increase of 17.39%, with 22 new key R&D projects initiated [3] - Six invention patents were authorized, and 11 invention patents were applied for during the first half of the year, with new product sales revenue continuing to rise [3] - The company aims to explore market opportunities and product layouts in emerging fields such as low-altitude economy and AI, where stable mass supply has not yet been achieved [3]

回天新材8月19日披露半年报，公司上半年实现营业收入21.68亿元，同比增长7.72%；归属于上市公司 股东的净利润1.43亿元，同比增长4.18%；基本每股收益0.2548元。 ...

Core Insights - The company, Huitian New Materials, reported a steady growth in its main adhesive products, with sales reaching approximately 160,000 tons, a year-on-year increase of 25.56% [1] - For the first half of 2025, the company achieved operating revenue of 2.168 billion yuan, a year-on-year growth of 7.72%, and a net profit attributable to shareholders of 143 million yuan, up 4.18% year-on-year [1] Group 1: Business Performance - The company has successfully increased its market share and customer base in key business areas despite challenging external conditions [1] - Revenue from lithium battery adhesives doubled year-on-year, with sales in the transportation sector reaching approximately 650 million yuan, a growth of about 34% [1] - The electronic and electrical business saw a sales volume increase of approximately 29%, while packaging adhesives revenue grew by 15% with improved gross margins [1] Group 2: Product Development and Innovation - The company is focusing on new product development in high-growth areas, including automotive electronics and lithium battery adhesives, with significant collaborations established with leading global automotive parts manufacturers [1][2] - Research and development expenses amounted to approximately 85.22 million yuan, a year-on-year increase of 17.39%, with 22 new key R&D projects initiated [2] - The company has obtained 6 new invention patents and filed 11 new applications, indicating a continuous increase in new product sales revenue [2] Group 3: Financial Stability - As of June 30, 2025, the company's debt-to-asset ratio was 54.19%, a decrease of 1.97 percentage points from the end of 2024 [3] - The EBITDA interest coverage ratio improved to 6.55 times, up from 5.72 times at the end of 2024, reflecting a solid financial foundation [3]