其次是显盈科技，截至10月31日最新股东户数为9985户，较10月20日下降20.80%，筹码集中以来该股 累计上涨10.66%，累计换手率为95.65%，其间主力资金净流出504.84万元。 市场表现方面，最新一期筹码集中股10月21日以来平均上涨1.99%，涨幅居前的有欣龙控股、罗牛山、 海马汽车等，分别上涨21.69%、21.48%、19.61%。所属行业来看，筹码集中股中机械设备、基础化 工、汽车等行业最为集中，分别有26只、19只、17只个股上榜。（数据宝） 458只股公布截至10月31日最新股东户数，相比上期股东户数下降的有198只，降幅居前的是首华燃气、 显盈科技、天有为等。 投资者除了在定期报告中获得股东信息数据外，还可以在交易所互动平台上通过提问方式了解部分公司 更及时（每月10日、20日、月末）的股东户数信息。以往3期分别有880家、673家、5418家公司在互动 平台透露了股东户数，截至发稿，共有458家公司公布了截至10月31日股东户数。 上期筹码集中股回测：39%跑赢沪指 证券时报·数据宝对上一期(10月20日)筹码集中股监测显示，这些股10月11日以来平均上涨0.07%，走势 弱于 ...

证券日报网讯首华燃气11月3日在互动平台回答投资者提问时表示，截至2025年10月31日，首华燃气普 通股股东总数为21736户。 （文章来源：证券日报） ...

证券时报·数据宝统计，截至发稿，首华燃气最新股价为14.30元，上涨0.85%，本期筹码集中以来股价 累计下跌10.90%。具体到各交易日，3次上涨，7次下跌。 公司发布的三季报数据显示，前三季公司共实现营业收入20.37亿元，同比增长95.91%，实现净利 润-161.90万元，同比增长97.93%，基本每股收益为-0.0060元。（数据宝） （文章来源：证券时报网） 首华燃气11月3日披露，截至10月31日公司股东户数为21736户，较上期（10月20日）减少6194户，环比 降幅为22.18%。 ...

受益于深层煤层气增储上产，公司将实现"量增+效升"的共振。石楼西区块2024 年来伴随煤层气储量落 实，未来将迎来快速放量，天然气产量预计将分别达9 亿方和12 亿方，而2024 年产量仅4.69 亿方。一 方面，快速上产预计将显著受益于清洁能源补贴政策；另一方面，投资、折旧摊销等成本不断下降，公 司将实现"量增+效升"的协同增长。 事件描述 公司发布2025 年三季报，前三季度公司实现营业收入20.37 亿元，同比增长95.91%，实现归属于上市公 司股东的净利润-161.90 万元，同比大幅减亏；单三季度，公司实现营业收入6.99 亿元，同比增长 64.97%；实现归属于上市公司股东的净利润-998.72 万元，同比减亏。 事件评论 项目稳步推进，产量同比大增112%。2025 年前三季度，公司在石楼西区块的天然气产建工作按计划推 进，产量持续释放，公司天然气产量同比增长 112%，外购气量同比增长69%，天然气销售量同比增长 96%。在产销气量大幅增长的推动下，2025 年第三季度公司实现营业收入 6.99 亿元，同比增长 65%； 实现归属于上市公司股东的净利润-998.72万元、同比减亏 429.1 ...

Group 1: Metal Sector - Tianshan Aluminum's net profit forecast for 2025 is 47.71 billion CNY, with a PE ratio of 13.24[10] - Luoyang Molybdenum's net profit is projected to reach 194.40 billion CNY in 2025, with a PE ratio of 19.02[10] Group 2: Building Materials - Huaxin Cement's net profit for 2025 is estimated at 29.38 billion CNY, with a PE ratio of 13.83[10] - China National Materials' net profit is expected to grow to 19.36 billion CNY in 2025, with a PE ratio of 30.63[10] Group 3: Transportation - Eastern Airlines Logistics is projected to have a net profit of 26.46 billion CNY in 2025, with a PE ratio of 9.41[10] - COSCO Shipping Specialized Carriers' net profit is expected to be 19.77 billion CNY in 2025, with a PE ratio of 10.19[10] Group 4: Chemical Sector - Boryuan Chemical's net profit forecast for 2025 is 14.67 billion CNY, with a PE ratio of 17.19[10] - Yara International's net profit is projected to reach 21.09 billion CNY in 2025, with a PE ratio of 18.58[10] Group 5: Energy Sector - Guotou Power's net profit for 2025 is estimated at 69.48 billion CNY, with a PE ratio of 16.67[10] - Shouhua Gas is expected to turn around with a net profit of 0.42 billion CNY in 2025, after a loss in 2024[10]

丨证券研究报告丨 [Table_scodeMsg1] 公司研究丨点评报告丨首华燃气（300483.SZ） [Table_Title] 产量同比大增 112%，静待业绩拐点到来 报告要点 [Table_Summary] 公司发布 2025 年三季报，前三季度公司实现营业收入 20.37 亿元，同比增长 95.91%，实现 归属于上市公司股东的净利润-161.90 万元，同比大幅减亏；单三季度，公司实现营业收入 6.99 亿元，同比增长 64.97%；实现归属于上市公司股东的净利润-998.72 万元，同比减亏。项目 稳步推进，产量同比大增 112%；旺季到来天然气价格上涨，业绩有望迎来拐点；展望未来， 煤层气等非常规油气已成为天然气供应重要增长极；受益于深层煤层气增储上产，公司将实现 "量增+效升"的共振。 分析师及联系人 [Table_Author] 魏凯 王岭峰 %% %% %% %% research.95579.com 1 [Table_scodeMsg2] 首华燃气（300483.SZ） cjzqdt11111 [Table_Title2] 产量同比大增 112%，静待业绩拐点到来 [Table_Su ...

Core Insights - Shouhua Gas reported significant performance improvement in Q3 2025, with a total revenue of 2.037 billion yuan, representing a year-on-year increase of 95.91% [1] - The company’s Q3 revenue reached 699 million yuan, up 64.97% year-on-year, indicating a rapid recovery in profitability [1] Group 1: Financial Performance - For the first three quarters of 2025, Shouhua Gas achieved a total operating income of 2.037 billion yuan, a year-on-year growth of 95.91% [1] - In Q3 alone, the company generated 699 million yuan in revenue, reflecting a 64.97% increase compared to the same period last year [1] - Natural gas production increased by 112% year-on-year, while sales volume rose by 96%, driving the overall performance growth [1] Group 2: Business Operations - Shouhua Gas is engaged in the entire natural gas industry chain, including exploration, development, production, transportation, and sales, supported by substantial resource reserves and technical expertise [1] - The company is actively responding to national oil and gas market reform policies, implementing a direct pipeline connection mechanism to reduce intermediary costs and enhance market competitiveness [1] - The successful acquisition of Yonghe Weirun has expanded the company’s natural gas sales operations, laying a solid foundation for future growth [1] Group 3: Future Outlook - Shouhua Gas plans to increase investment in natural gas exploration and development, steadily enhancing production capacity and sales levels [2] - The company aims to deepen strategic cooperation with quality customers and expand into downstream markets, which is expected to drive sustained performance improvement [2] - With the ongoing national energy security strategy and "dual carbon" goals, Shouhua Gas is poised for broader development opportunities [2]

Group 1 - The core point of the article is that Shouhua Gas (300483.SZ) reported its Q3 2025 results, revealing a total of 6 institutional investors holding shares, which amounts to 57.37 million shares, representing 21.11% of the total share capital [1] - The institutional holding ratio decreased by 0.20 percentage points compared to the previous quarter [1] - Two new public funds were disclosed this period, while 22 public funds were not disclosed compared to the previous quarter [1] Group 2 - The article mentions the formation of a MACD golden cross signal, indicating a positive trend for certain stocks [2]

| 证券代码：300483 | 证券简称：首华燃气 | 公告编号：2025-076 | | --- | --- | --- | | 债券代码：123128 | 债券简称：首华转债 | | 首华燃气科技（上海）股份有限公司 第六届董事会第十四次会议决议公告 经与会董事认真审议，并以记名投票方式表决，形成以下决议： 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 首华燃气科技（上海）股份有限公司（以下简称"公司"）第六届董事会第 十四次会议于 2025 年 10 月 28 日在公司会议室以现场结合通讯方式召开，会议 通知已于 2025 年 10 月 22 日以通讯方式（电话及电子邮件）送达全体董事。本 次会议由董事长王志红先生召集并主持，应出席董事 7 名，实际出席董事 7 名（其 中：以通讯表决方式出席会议董事 4 名，分别为吴海江、周展、项思英、葛艾继）， 公司高级管理人员列席本次会议，本次董事会会议的召开符合《中华人民共和国 公司法》等相关法律法规和《公司章程》的有关规定。 二、董事会会议审议情况 （一）审议通过《关于公司 2025 ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥699,197,577.69, representing a year-on-year increase of 64.97% and a cumulative revenue of ¥2,037,444,148.68 for the year-to-date, up 95.91%[4] - The net profit attributable to shareholders for Q3 2025 was -¥9,987,190.00, a reduction in loss of 30.05% compared to the same period last year, with a year-to-date net profit of -¥1,619,006.88, a decrease in loss of 97.93%[4] - Total operating revenue for the current period reached ¥2,037,444,148.68, a significant increase from ¥1,039,973,730.00 in the previous period, representing a growth of approximately 96%[28] - The net profit for the current period was ¥35,350,232.13, a recovery from a net loss of ¥84,463,813.47 in the previous period[29] - Total comprehensive income amounted to 35,350,232.13, a decrease of 84,463,813.47 compared to the previous period[30] - Basic and diluted earnings per share were both -0.006, compared to -0.292 in the previous period, showing an improvement[30] Cash Flow - The net cash flow from operating activities for the first three quarters of 2025 was ¥1,058,800,010.75, a significant increase of 248.72% year-on-year[4] - Net cash flow from operating activities reached 1,058,800,010.75, up from 303,626,978.33 in the previous period, indicating a significant increase[32] - Cash inflow from investment activities totaled 7,380,931,728.94, compared to 2,886,168,085.80 in the previous period, reflecting a substantial growth[32] - Net cash flow from financing activities was -802,460,698.44, a decrease from 260,526,223.36 in the previous period, indicating a cash outflow[32] - The company received cash from sales of goods and services amounting to 2,160,612,762.69, significantly higher than 961,073,500.84 in the previous period[31] - Total cash outflow from operating activities was 1,115,290,133.20, compared to 665,203,894.18 in the previous period, reflecting an increase[32] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,163,843,056.88, a decrease of 2.40% compared to the end of the previous year[4] - The company's total assets decreased to ¥8,163,843,056.88 from ¥8,364,635,841.80, reflecting a decline of approximately 2.4%[26] - Total liabilities decreased to ¥4,642,500,509.76 from ¥4,931,806,440.73, a reduction of about 5.9%[26] - The equity attributable to shareholders of the parent company increased to ¥2,053,808,978.22 from ¥1,987,847,906.99, showing an increase of approximately 3.3%[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,002[12] - The company’s major shareholder, Ganzhou Haide Investment Partnership, transferred 27,216,000 shares, representing 10.02% of the total share capital, to Shanghai Houde Miaojing Business Consulting Co., Ltd.[18] - The company’s controlling shareholder will change to Shanghai Houde Miaojing and its concerted actors after the share transfer is completed[19] - A significant shareholder, Tibet Kejian Enterprise Management Co., Ltd., reduced its stake to below 5%, with its total shareholding dropping from 13,427,640 shares to 0 shares[22] - The company’s total share capital as of June 30, 2025, was reported at 271,721,538 shares[18] Investment and Financing Activities - The company reported a net cash outflow from investing activities of -¥406,000,000, a reduction in outflow by ¥630,000,000 year-on-year[10] - The net cash flow from financing activities was -¥802,000,000, a decline of 408% year-on-year due to repayment of principal and interest on loans[10] - The company received government subsidies amounting to ¥86,605.00 during the reporting period[7] - The company agreed to provide an irrevocable joint liability guarantee for a loan of RMB 600 million to its subsidiary, Beijing Zhonghai Wobang Energy Investment Co., Ltd.[21] Operational Metrics - The company's natural gas production increased by 112% year-on-year, with purchased gas volume up 69% and sales volume up 96%[9] - The company's trading financial assets decreased to RMB 493,888,720.54 from RMB 937,706,784.58, indicating a decline of about 47.4%[24] - Accounts receivable stood at RMB 147,479,121.11, down from RMB 156,079,202.93, representing a decrease of approximately 5.4%[24] - Research and development expenses decreased to ¥1,089,071.79 from ¥1,920,913.46, a reduction of about 43%[29] - The company's long-term borrowings decreased significantly to ¥476,614,000.00 from ¥1,163,700,000.00, a decrease of approximately 59%[26] - The company reported a significant increase in accounts payable, rising to ¥161,976,502.87 from ¥89,941,160.99, an increase of approximately 80%[26] Stock Incentive Plans - The company approved a plan to grant 356,000 shares of restricted stock to 14 eligible participants at a price of RMB 4.69 per share as part of the 2025 restricted stock incentive plan[17] - The company’s board approved the cancellation of certain unvested restricted stocks from the 2024 incentive plan, allowing for the distribution of shares to eligible participants[15]