证券日报网讯2月6日，科思股份（300856）在互动平台回答投资者提问时表示，截至2026年1月30日， 公司股东人数为22500余户。 ...

有着"美妆防晒第一股"之称的科思股份（300856），正经历业绩"寒冬"。 据南京科思化学股份有限公司（以下简称"科思股份"）发布的业绩预告，受公司防晒剂出货量同比下降、防晒剂 产品市场价格同比回落等因素影响，预计2025年实现归母净利润为9000万元至1.2亿元，较上年同期下降78.67%至 84%。多重压力下，科思股份如何破局，成为行业关注的焦点。 从"高光"到"失速"，去年前三季度营利双降 成立于2000年的科思股份，主要从事个人护理品原料的研发、生产和销售，产品包括防晒剂等化妆品活性成分、 合成香料等。凭借完整的产品线和品质管理，该公司于2020年在深交所创业板上市，身披"美妆防晒第一股"光 环。 作为全球最主要的防晒剂制造商之一，科思股份的实力不俗。 不过，从业绩表现来看，一系列举措见效仍需时间。 科思股份在2025年持续承压，上半年营收与归母净利润分别同比下滑48.67%、84.51%至7.21亿元和6529.7万元； 前三季度营收同比下滑39.93%至11.16亿元；归母净利润约7793.47万元，同比降幅达84.84%。 随着产品进入国际主流市场体系，其客户阵容算得上"豪华"——防晒剂等化妆品 ...

证券日报网讯1月30日，科思股份（300856）在互动平台回答投资者提问时表示，公司始终将技术创新 视为发展的核心驱动力，并持续通过研发投入巩固核心竞争力，以推动公司长期可持续发展。公司所有 的专利成果都是长期坚持自主研发与持续技术创新的直接体现，有利于优化产品工艺、巩固技术壁垒， 为长期成长奠定坚实基础。 ...

（编辑 姚尧） 证券日报网讯 1月30日，科思股份在互动平台回答投资者提问时表示，公司始终高度重视市场拓展工 作，积极参与国内外行业展会与品牌活动，作为持续开拓新客户、巩固市场地位的重要举措之一。所有 达到披露标准的重大业务进展，公司将严格按照监管要求及时履行信息披露义务。 ...

证券日报网讯1月30日，科思股份（300856）在互动平台回答投资者提问时表示，截至2026年1月20日， 公司股东人数为23024户。 ...

Market Overview - The cosmetics sector experienced a decline of 0.98% on January 30, with Lafang Family leading the drop [1] - The Shanghai Composite Index closed at 4117.95, down 0.96%, while the Shenzhen Component Index closed at 14205.89, down 0.66% [1] Individual Stock Performance - Qingdao Kingking (002094) saw a closing price of 8.75, with an increase of 4.17% and a trading volume of 1.1682 million shares, amounting to a transaction value of 1.02 billion [1] - Lafang Family (603630) closed at 19.21, down 6.38%, with a trading volume of 89,300 shares and a transaction value of 174 million [2] - Shanghai Jahwa (600315) closed at 20.92, down 4.52%, with a trading volume of 163,300 shares and a transaction value of 345 million [2] - Other notable stocks include Beitaini (300957) at 41.89, down 0.85%, and Marubi (603983) at 31.52, down 0.32% [2] Capital Flow Analysis - The cosmetics sector saw a net inflow of 60.2766 million from institutional investors, while retail investors experienced a net outflow of 62.139 million [2] - The main capital inflow was led by Qingdao Kingking with 68.098 million, while retail investors showed significant outflows across various stocks [3] - Shanghai Jahwa had a net inflow of 6.7524 million from institutional investors, but also faced a net outflow of 7.7544 million from retail investors [3]

证券日报网讯1月27日，科思股份（300856）在互动平台回答投资者提问时表示，公司在防晒剂领域的 优势基础上已经陆续扩充了氨基酸表面活性剂、吡罗克酮乙醇胺盐(PO)等洗护类原料，相关产品的销售 推广正在有序推进，目前已进入联合利华等头部品牌供应链。 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300955 | 嘉亨家化 | 41.47 | 6.88% | 7.39万 | 3.03亿 | | 002094 | 青岛金王 | 8.24 | 3.00% | 56.99万 | 4.67亿 | | 300886 | 华业香料 | 28.45 | 0.28% | ● 1.75万 | 4908.73万 | | 300132 | 青松股份 | 8.74 | 0.23% | 18.35万 | 1.59亿 | | 300849 | 锦盛新材 | 18.82 | -0.42% | 3.14万 | 5833.82万 | | 300740 | 水羊股份 | 23.52 | -0.84% | 8.71万 | 2.04亿 | | 300957 | 贝泰妮 | 42.67 | -0.88% | 5.30万 | 2.25亿 | | 603605 | 班菜雅 | 72.50 | -1.05% | 4.33万 | 3.13亿 | | 300856 | 科思股份 | 13.8 ...

Investment Rating - The report indicates a significant downgrade in the investment outlook for the company, with a projected net profit drop of 78.7% to 84.0% for 2025 compared to 2024 [4][12]. Core Insights - The company, Kosi Co., Ltd. (科思股份), is experiencing a severe decline in profitability, with a forecasted net profit of only 0.9 to 1.2 billion yuan for 2025, marking a drastic fall from previous years [4][12]. - The gross margin has plummeted from 48.8% in 2023 to 29.6% in 2025, indicating a loss of pricing power and profitability [9][10]. - The company's revenue for the first three quarters of 2025 was 11.2 billion yuan, but this was accompanied by a significant drop in cash flow, which decreased by nearly 79% year-on-year [12]. - Kosi Co., Ltd. has historically benefited from a strong position in the sunscreen market, holding over 20% of the global market share, but is now facing challenges due to reduced demand from major clients [15][16]. - The company's reliance on international clients for over 80% of its revenue has made it vulnerable to global market fluctuations, particularly as clients begin to reduce inventory [16][21]. - The report highlights the company's ongoing expansion efforts, including projects in Malaysia, despite the current downturn in performance [25][28]. Summary by Sections Performance Overview - The company has issued a shocking profit warning, projecting a net profit of only 0.9 to 1.2 billion yuan for 2025, a stark contrast to previous years [4]. - The gross margin has decreased significantly, dropping from 48.8% in 2023 to 29.6% in 2025 [9][10]. Market Position and Challenges - Kosi Co., Ltd. has been a leading player in the sunscreen market, but the slowdown in demand from major clients has exposed vulnerabilities in its business model [15][16]. - The company’s gross margin for its core product, cosmetic active ingredients, fell from 53.1% in 2023 to 35.3% in 2025 [17]. Strategic Moves - Despite the downturn, the company is pursuing expansion projects, including a significant production facility in Malaysia, indicating a commitment to long-term growth [25][28]. - The report notes that the actual controller of the company has reduced their holdings, which may signal a lack of confidence in the near-term outlook [22][23].

防晒市场需求增长放缓，苦日子恐怕得再熬一阵子。 | 作者 | | 白猫 | | --- | --- | --- | | 编辑 | | 小白 | 风云君以前常说，在化工圈子里，给国际巨头打工是门好生意。只要下游的老板们吃肉，作为上 游"打工皇帝"的科思股份（300856.SZ），日子就能过得相当滋润。 但最近的成绩单却给市场泼了一盆冷水：老板不仅要在寒风中缩衣节食，还在消化肚子里的存货，科 思股份这碗汤，眼看是端不稳了。 业绩"深蹲"：从高 光时刻 到至暗时刻 就在1月21日，科思股份抛出了一份令人咋舌的业绩预告。公司预计2025年全年的归母净利润只有0.9 亿到1.2亿元。这个数字意味着什么？意味着相比2024年，它的净利润暴跌了78.7%至84.0%。 （ 2025 年半年报） 曾几何时，科思股份是著名的"现金奶牛"。2023年，它的综合毛利率高达48.8%，是妥妥的暴利生 意。到了2024年，虽然微降至44.4%，依然傲视群雄。但到了2025年三季度，这个数字直接击穿了3 0%的心理防线，跌到了29.6%。 短短两年不到，毛利率蒸发了近20个百分点。 （ 2025 年业绩预告） 再翻看最新的财务报表，惨烈 ...