Core Insights - The company, Haineng Technology Co., Ltd., closed at 3.04 yuan, with a 1.33% increase and a latest price-to-book ratio of 1.20, resulting in a total market capitalization of 7.143 billion yuan [1] - As of the first quarter of 2025, five institutions held shares in Haineng Technology, with a total holding of 933.4138 million shares valued at 2.968 billion yuan [1] - The company specializes in the production and sales of biodiesel, environmental materials, and specialty chemical products, and has received multiple honors and recognitions for its technological innovations [1] Financial Performance - In the first quarter of 2025, the company reported revenue of 241 million yuan, a year-on-year decrease of 53.69% [1] - The net profit for the same period was -49,903,481.8 yuan, reflecting a year-on-year increase of 57.60% in losses, with a sales gross margin of -6.65% [1] Valuation Metrics - The company's price-to-earnings (P/E) ratio (TTM) is -8.06, while the static P/E ratio is -7.48, with a market capitalization of 7.143 billion yuan [2] - The industry average P/E ratio is 43.30, and the industry median is 39.16, indicating that Haineng Technology's valuation metrics are significantly lower than the industry benchmarks [2]

Investment Rating - The report maintains a positive outlook on the power and natural gas sectors, indicating a favorable investment environment for renewable energy and gas companies [2][10]. Core Insights - The Shandong provincial government has introduced its first local guidelines for the marketization of renewable energy pricing, which is expected to stabilize returns for existing projects and provide a model for other provinces [5][7]. - Global natural gas prices have seen a slight rebound due to tightening supply and increased demand for LNG exports, with specific price movements noted in various regions [10][19]. - The report highlights the potential for LNG import prices to decrease further in the second half of 2025, benefiting downstream gas companies [11][29]. Summary by Sections 1. Power Sector: Shandong's New Energy Market Guidelines - Shandong's new energy pricing reform outlines that existing projects will participate in market pricing at a rate of 0.3949 yuan per kWh, aligning with the provincial coal benchmark price [5][6]. - The guidelines emphasize strong connectivity with existing policies, ensuring stability for existing projects while introducing competitive elements for new projects [6][7]. - The implementation of these guidelines is expected to serve as a model for other provinces, enhancing the operational efficiency and market strategies of renewable energy companies [7][8]. 2. Natural Gas: Global Demand and Price Rebound - As of May 9, 2025, the Henry Hub spot price in the U.S. was $3.22/mmBtu, reflecting a weekly increase of 3.84%, while European prices also saw a rise due to supply constraints and seasonal demand [10][19]. - The report notes that the overall LNG import cost in China has remained below 4000 yuan per ton, with a significant decrease of 18.4% from the year's peak [11][29]. - The anticipated decline in international oil prices is expected to further lower LNG import prices in China, benefiting city gas companies [11][29]. 3. Weekly Market Review - The public utilities, environmental protection, power equipment, and gas sectors outperformed the Shanghai and Shenzhen 300 index during the review period [35]. 4. Company and Industry Dynamics - Recent developments include the issuance of competitive configuration announcements for renewable energy projects in various provinces, indicating ongoing investment and growth in the sector [44][46]. - The report also highlights significant corporate announcements, including financing and profit distribution plans from key players in the energy sector, reflecting a proactive approach to capital management and shareholder returns [48][49].

Company Overview - Beijing Haineng Technology Co., Ltd. primarily engages in the production and sales of biodiesel, environmental materials, and specialty chemical products [1] - The company is recognized as a national high-tech enterprise and has received multiple honors, including the Science and Technology Progress Award and the Petrochemical Federation Patent Award [1] Financial Performance - For Q1 2025, the company reported revenue of 241 million yuan, a year-on-year decrease of 53.69% [1] - The net profit for the same period was -49,903,481.8 yuan, reflecting a year-on-year increase in losses of 57.60% [1] - The sales gross margin stood at -6.65% [1] Shareholder Information - As of April 18, 2025, the number of shareholders for Haineng Technology was 44,878, a decrease of 126 from the previous count [1] - The average market value of shares held by each shareholder is 352,800 yuan, with an average holding of 27,600 shares [1] Market Metrics - The company's latest closing price was 2.83 yuan, down 1.39%, with a price-to-earnings (PE) ratio of -7.50 and a price-to-book (PB) ratio of 1.12 [2] - The total market capitalization is 6.65 billion yuan [2]

声明： 因水平有限，错误不可避免，或有些信息非最及时，欢迎留言指出。本文仅作生物能源相关领域介绍，本文不构成任何投资建议！转载请注明来源！ 4月23日上午， 北京海新能源科技股份有限公司 （以下简称"海新能科"， 股票代码：300072）旗下 山东三聚生物能源有限公司 （以下简称"山东三 聚"）举行 20万吨/年生物柴油异构项目 中交仪式 ，标志着该项目由建设阶段正式转入试生产阶段，将成为海新能科厚积产业优势，打造生物能源板块 高质量发展的新引擎。 图源 海新能科 此次异构项目作为 海淀区委区政府 与 海国投集团 锚定"双碳"战略，以科技赋能、创新驱动双向发力，与 莒县政府 实现优势互补、互利共赢的合作典 范，为地方经济发展注入"绿色动能"。 同时，山东三聚20万吨/年生物柴油异构项目作为海新能科打造 生物能源产业集群 的重要一环，实现了从原料供应、生产加工到产品销售的全产业链协 同发力。 该项目依托山东三聚现有40万吨/年生物能源项目进行建设， 新建中心控制室、20万吨/年生物柴油异构装置及与其配套的储运系统、公用工程系统，经 临氢异构等工艺对烃基生物柴油进行产品升级。 项目预计将于 2025年5月投产 ， ...

Company Overview - Haineng Technology Co., Ltd. closed at 2.87 yuan, down 1.37%, with a latest price-to-book ratio of 1.14 and a total market capitalization of 6.744 billion yuan [1] - As of April 18, 2025, the number of shareholders is 44,878, a decrease of 126 from the previous count, with an average holding value of 352,800 yuan and an average holding quantity of 27,600 shares [1] Business Operations - The main business of Haineng Technology includes the production and sales of biodiesel, environmental materials, and specialty chemical products [1] - Key products consist of hydrocarbon-based biodiesel, environmental materials, chemical products, and comprehensive services in the energy industry [1] - The company is recognized as a national high-tech enterprise and has received multiple honors, including technology innovation demonstration unit from the Petrochemical Federation and various scientific and technological awards [1] Financial Performance - In the first quarter of 2025, the company reported operating revenue of 241 million yuan, a year-on-year decrease of 53.69% [1] - The net profit for the same period was -49,903,481.8 yuan, reflecting a year-on-year increase of 57.60% in losses, with a sales gross margin of -6.65% [1] Industry Comparison - The company has a TTM PE of -7.61 and a static PE of -7.07, with a market capitalization of 6.744 billion yuan, compared to the industry average PE of 51.07 and a market capitalization of 75.63 billion yuan [2] - The industry median PE is 39.18, indicating that Haineng Technology's valuation metrics are significantly lower than the industry averages [2]

Core Viewpoint - The company is focused on the bioenergy, catalytic purification materials, and specialty chemicals industries, with significant developments and challenges in each sector, particularly in biofuels and catalysts, driven by regulatory changes and market dynamics [5][10]. Group 1: Bioenergy Industry - The company's bioenergy business includes the production and sales of hydrocarbon-based biodiesel (HVO) and sustainable aviation fuel (SAF), which are closely linked to global decarbonization goals [5][6]. - The EU's Renewable Energy Directive (RED III) has increased the renewable energy target for 2030 from 21.78% to 45%, which is expected to boost biodiesel demand in Europe [6][7]. - The company is actively exploring non-EU markets due to the EU's anti-dumping measures affecting biodiesel exports, while SAF remains a key investment focus as it is not subject to these measures [6][8]. - The company has a biodiesel production capacity of 50,000 tons and is expanding its product structure to enhance competitiveness in various markets, including Japan and South Korea [8]. Group 2: Catalytic Purification Industry - The catalytic purification sector serves the petrochemical and coal chemical industries, with catalysts being essential for refining and chemical processes [9][10]. - The demand for catalysts is increasing due to the transition towards chemical production and the growth of modern coal chemical projects, as outlined in government plans [10][11]. - The company has over 20 years of experience in catalyst and purification agent development, holding a competitive edge in technology and market presence [12]. Group 3: Specialty Chemicals Industry - The specialty chemicals segment includes products like neopentyl glycol and LNG, with the latter playing a crucial role in clean energy transition [13][14]. - The domestic neopentyl glycol market is experiencing rapid capacity expansion, but demand growth is slowing due to macroeconomic factors, leading to increased industry pressure [13]. - LNG is becoming more abundant in China, with significant increases in import volumes and domestic production, although profitability is being squeezed by rising costs [14].

北京海新能源科技股份有限公司 董事会审计委员会对会计师事务所 2024 年度履职情况 评估及履行监督职责情况的报告 根据《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司 治理准则》、《国有企业、上市公司选聘会计师事务所管理办法》、《深圳证券 交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》及北京海新 能源科技股份有限公司（以下简称"公司"）《公司章程》、《董事会审计委员 会实施细则》等规定和要求，董事会审计委员会本着勤勉尽责的原则，恪尽职守， 认真履职。现将董事会审计委员会对会计师事务所 2024 年度履职评估及履行监 督职责的情况汇报如下： 首席合伙人：杨雄 截至 2024 年 12 月 31 日，北京德皓国际合伙人 66 人，注册会计师 300 人， 签署过证券服务业务审计报告的注册会计师人数 140 人。 2024 年度经审计的收入总额为 43,506.21 万元，审计业务收入为 29,244.86 万元，证券业务收入为 22,572.37 万元。审计 2024 年度上市公司客户家数 119 家， 审计收费 1.69 亿元，主要行业：制造业，信息传输、软件和信息服务业，水利 ...

北京海新能源科技股份有限公司 2024年社会责任报告 2025年04月 北京海新能源科技股份有限公司 | 【报告说明】 | 1 | | --- | --- | | 【公司简介】 | 1 | | 【综 述】 | 2 | | 一、党建引领 | 3 | | 二、股东和债权人权益保护 | 7 | | 三、职工权益保护 | 16 | | 四、供应商、客户和消费者权益保护 | 18 | | 五、安全管理与环境保护 | 23 | | 六、可持续发展与社会公益事业 | 26 | 北京海新能源科技股份有限公司 【报告说明】 本报告是北京海新能源科技股份有限公司（以下简称："海新能科"或"公司"；股票代 码：300072）发布的2024年社会责任报告，是海新能科2024年度履行环境保护、公司治理 和社会责任的真实反映。 本报告根据《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规 范运作》的相关要求，并结合公司的实际情况编写而成。 报告期：2024年1月1日至2024年12月31日。 1 北京海新能源科技股份有限公司 【公司简介】 北京海新能源科技股份有限公司成立于1997年，2010年在深圳证券交易所上市（证券 ...

北京海新能源科技股份有限公司 （一）变更原因 2023年8月1日，财政部发布了《企业数据资源相关会计处理暂行规定》（财 会【2023】11号）（以下简称"暂行规定"），该暂行规定"适用于企业按照企业 会计准则相关规定确认为无形资产或存货等资产类别的数据资源，以及企业合法 拥有或控制的、预期会给企业带来经济利益的、但由于不满足企业会计准则相关 资产确认条件而未确认为资产的数据资源的相关会计处理。该规定自2024年1月 1日起施行。企业应当采用未来适用法执行本规定，本规定施行前已经费用化计 入损益的数据资源相关支出不再调整。" 2024年12月6日，财政部发布了《关于印发<企业会计准则解释第18号>的通 知》（财会【2024】24号）（以下简称"解释18号文"），规定了"关于浮动收费法 下作为基础项目持有的投资性房地产的后续计量"、"关于不属于单项履约义务的 保证类质量保证的会计处理"内容，该解释规定自印发之日起施行，允许企业自 发布年度提前执行。 证券代码：300072 证券简称：海新能科 公告编号：2025-019 北京海新能源科技股份有限公司 关于会计政策变更的公告 本公司及董事会全体成员保证信息披露的内容 ...

北京海新能源科技股份有限公司 证券代码：300072 证券简称：海新能科 公告编号：2025-021 北京海新能源科技股份有限公司 关于2024年度计提减值准备的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 根据公司2024年度实际经营成果和财务状况，北京海新能源科技股份有限公 司（以下简称"公司"）计提各项减值准备共计433,878,741.96元，转销存货跌价准 备223,759,768.89元。具体情况如下： 一、计提减值准备及核销坏账情况 根据《企业会计准则》及公司会计政策的相关规定，为更加客观、公正地反 映公司的财务状况和资产价值，公司对2024年度合并报表范围内各类应收款项、 其他应收款、合同资产、存货、固定资产、在建工程、长期股权投资、使用权资 产、无形资产、商誉等资产进行了全面清查，对各类存货的可变现净值，应收款 项回收的可能性，长期股权投资减值的可能性，固定资产、合同资产、在建工程 及无形资产等的可变现性进行了充分的评估和分析，认为上述资产中部分资产存 在一定的减值迹象。基于谨慎性原则，公司对可能发生减值损失的相关资产进行 计提减值准 ...