Financial Performance - The company reported total revenue of 222 million yuan for the first half of 2025, a decrease of 12.16% year-on-year [1] - The net profit attributable to shareholders was -43.70 million yuan, representing a decline of 1157.69% compared to the previous year [1] - The gross margin was 24.5%, showing a slight increase of 0.69% year-on-year, while the net margin dropped to -20.06%, a decrease of 1454.0% [1] - Total expenses (selling, administrative, and financial) accounted for 31.8% of revenue, an increase of 35.12% year-on-year [1] - Earnings per share were -0.13 yuan, a significant decrease of 1155.91% compared to the previous year [1] Cash Flow and Debt Situation - The company's cash flow situation is concerning, with cash and cash equivalents to current liabilities ratio at only 9.15% [3] - The interest-bearing debt ratio has reached 72.52%, indicating a high level of leverage [3] - Financial expenses accounted for 173.04% of the average operating cash flow over the past three years, highlighting financial strain [3] Business Strategy - The company adheres to a core development strategy of "technological innovation" and "market-first," focusing on green and low-carbon principles [4] - It aims to enhance market competitiveness by optimizing the supply chain and developing new materials to meet the demands of high-end manufacturing [4] - The company is committed to driving innovation in the new materials sector, addressing technological gaps in the domestic market [4]

Group 1 - The core viewpoint of the article highlights the significant increase in the number of shareholders for Tian Sheng New Materials, with a 59.63% rise from March 31, 2025, to June 30, 2025, reaching 48,371 shareholders [1][2] - The average number of shares held per shareholder decreased from 10,800 shares to 6,739 shares, with an average market value of 66,200 yuan per shareholder [1][2] - Tian Sheng New Materials' shareholder count is above the industry average of 27,100 shareholders, while its average market value per shareholder is below the industry average of 298,700 yuan [1][2] Group 2 - From March 31, 2025, to June 30, 2025, Tian Sheng New Materials experienced a price increase of 45.63%, coinciding with the increase in shareholder count [1][2] - During this period, the net inflow of funds from major investors was 129 million yuan, while retail investors contributed a net inflow of 329 million yuan, and there was a net outflow of 458 million yuan from speculative funds [2] - The stock appeared on the trading leaderboard twice during this period, with institutional special seats also appearing twice [2]

Group 1 - The company Tian Sheng New Materials reported a revenue of 222,006,931.94 yuan for the first half of 2025, representing a year-on-year decrease of 12.16% [1] - The net profit attributable to shareholders of the listed company was -43,703,104.61 yuan [1]

智通财经APP讯，天晟新材(300169.SZ)发布2025年半年度报告，报告期内，公司实现营业收入2.22亿 元，同比下降12.16%。归属于上市公司股东净亏损4370.31万元。归属于上市公司股东的扣除非经常性 损益净亏损4556.23万元。基本每股亏损0.1341元。 ...

格隆汇8月15日丨天晟新材(300169.SZ)公布2025年半年度报告，上半年公司实现营业收入2.22亿元，同 比下降12.16%；归属于上市公司股东的净利润-4370.31万元，同比盈转亏；归属于上市公司股东的扣除 非经常性损益的净利润-4556.23万元；基本每股收益-0.1341元。 ...

每经头条（nbdtoutiao）——华康股份11亿元并购疑云：收购对象的大客户两年前已深陷债务危机，如 何贡献巨额营收？ （记者 王晓波） 每经AI快讯，天晟新材（SZ 300169，收盘价：8.52元）8月15日晚间发布公告称，2025年半年度，公司 合并报表口径计提信用减值损失和资产减值损失合计1714.19万元，将减少公司2025年半年度合并报表 利润总额1714.19万元；上述数据未经审计，最终以会计师事务所审计结果为准。本次计提资产减值准 备，不存在损害公司和全体股东利益的情形；。 2025年1至6月份，天晟新材的营业收入构成为：制造业占比99.16%，其他行业占比0.84%。 截至发稿，天晟新材市值为28亿元。 ...

格隆汇8月15日｜天晟新材公告，2025年上半年营业收入2.22亿元，同比下降12.16%。归属于上市公司 股东的净利润-4370.31万元，上年同期净利润413.19万元。公司计划不派发现金红利，不送红股，不以 公积金转增股本。 ...

天晟新材（SZ 300169，收盘价：8.52元）8月15日晚间发布半年度业绩报告称，2025年上半年营业收入 约2.22亿元，同比减少12.16%；归属于上市公司股东的净利润亏损约4370万元；基本每股收益亏损 0.1341元。 （文章来源：每日经济新闻） ...

常州天晟新材料集团股份有限公司 2025 年半年度报告全文 常州天晟新材料集团股份有限公司 常州天晟新材料集团股份有限公司 2025 年半年度报告全文 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人吴海宙、主管会计工作负责人黄冰及会计机构负责人(会计主 管人员)黄冰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本半年度报告中涉及未来计划或规划等前瞻性陈述的，均不构成公司对 投资者的实质承诺，投资者及相关人士均应对此保持足够的风险认识，并且 应当理解计划、预测与承诺之间的差异。 公司在本报告第三节"管理层讨论与分析 "中"十、公司面临的风险和 应对措施 "部分，详细描述了公司经营中可能存在的风险及应对措施，敬请 投资者关注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 股份有限公司 2025 年半年度报告全文 常州天晟新材料集团股份有限公司 2025 年半年度报告全文 一、载有公司法定代表人、主管会计工作负责人、会计机 ...

Company Overview - Changzhou Tiansheng New Materials Group Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with total revenue of approximately 222 million yuan, representing a decrease of 12.16% compared to the same period last year [3] - The net profit attributable to shareholders was approximately -43.7 million yuan, a drastic decline of 1,157.69% year-on-year [3] - The company plans not to distribute cash dividends or issue bonus shares during this reporting period [1] Financial Performance - The net cash flow from operating activities improved to approximately -27.2 million yuan, a 70.84% increase compared to -93.4 million yuan in the previous year [3] - Basic and diluted earnings per share were both reported at -0.1341 yuan, reflecting a decrease of 1,155.91% from 0.0127 yuan in the same period last year [3] - The total assets at the end of the reporting period were approximately 807.3 million yuan, down 5.46% from 853.9 million yuan at the end of the previous year [6] Shareholder Information - The top shareholder, Wu Haizhou, holds 7.80% of the shares, with a total of 25,423,066 shares, of which 19,067,299 are pledged [8] - Other significant shareholders include Sun Jian with 3.53% and Qingdao Ronghai State Investment Asset Management Co., Ltd. with 3.11%, the latter having 10,131,364 shares frozen [8] Important Events - The company received a notice regarding the inclusion of its real estate in the expropriation scope, with a total building area of 66,188.47 square meters and land use area of 122,575.7 square meters, with a total compensation amount of 350 million yuan [10]