SHIMAO ENERGY(SH:605028) Shang Hai Zheng Quan Bao·2025-08-21 20:17Core Viewpoint - Ningbo Shimao Energy Co., Ltd. experienced a significant stock price fluctuation, with a cumulative increase of 20% over three consecutive trading days, prompting a disclosure regarding abnormal trading conditions [2][4]. Group 1: Stock Trading Abnormalities - The company's stock price increased by a cumulative 20% from August 19 to August 21, 2025, which is classified as an abnormal trading situation according to the Shanghai Stock Exchange rules [2][4]. - The trading volume over the three days reached a turnover rate of 22.07%, exceeding the normal trading rate [2][4]. Group 2: Company Operations and Financial Performance - As of the announcement date, the company's main business operations and external environment have not undergone significant changes compared to previous disclosures [5]. - For the first quarter of 2025, the company reported a revenue of 77.27 million yuan, a year-on-year decrease of 16.14%, and a net profit of 21.85 million yuan, down 35.66% year-on-year, primarily due to a decline in heat sales and an increase in fixed asset depreciation [2][5]. Group 3: Market Position and Valuation - The company's price-to-earnings (P/E) ratio stands at 25.03 and the price-to-book (P/B) ratio at 3.27, both of which are higher than the industry averages of 18.37 for P/E and 1.6 for P/B [2][7].