世茂能源: 宁波世茂能源股份有限公司股票交易风险提示公告

Market Trading Risks - The stock of Ningbo Shimao Energy Co., Ltd. experienced a cumulative price deviation of 20% over three consecutive trading days from August 19 to August 21, 2025, leading to a significant price increase [1][2] - On August 22, 2025, the stock closed at the daily limit price, resulting in a total price increase of approximately 46.43% over four consecutive trading days, despite no significant changes in the company's fundamentals [1][2] Production and Operational Risks - In the first quarter of 2025, the company reported operating revenue of 77.2725 million yuan, a year-on-year decrease of 16.14%, and a net profit of 21.8546 million yuan after deducting non-recurring items, down 35.66% year-on-year [2][3] - The decline in revenue was attributed to decreased thermal sales, lower sales prices, and increased fixed asset depreciation [3] Valuation Risks - As of August 22, 2025, the company's price-to-earnings (P/E) ratio was 27.53 and the price-to-book (P/B) ratio was 3.6, both significantly higher than the industry averages of 18.38 for P/E and 1.6 for P/B [2][3] Other Risk Disclosures - The company has not disclosed any significant undisclosed matters that should be reported according to the Shanghai Stock Exchange's listing rules, including major asset restructuring, share issuance, or strategic investments [3]