A股申购 | 北矿检测(920160.BJ)开启申购 主营有色金属检验检测服务

Core Viewpoint - Beikong Testing (920160.BJ) has initiated its subscription on November 3, with an issue price of 6.7 CNY per share and a maximum subscription limit of 1.2744 million shares, reflecting a price-to-earnings ratio of 14.99 times, and is listed on the Beijing Stock Exchange, with CITIC Securities as its sponsor [1]. Company Overview - Beikong Testing is a leading inspection and testing service provider for non-ferrous metals in China, specializing in the research and development of inspection technologies, technical services, and instrument development across various sectors including ores, smelting products, environmental samples, and advanced materials [1]. - The company is recognized as a national-level "specialized, refined, distinctive, and innovative" small giant enterprise, a national high-tech enterprise, and a specialized small and medium-sized enterprise in Beijing, and is designated as an LME LSA [1]. - Beikong Testing is responsible for or has participated in the formulation or revision of 7 international standards, 83 national standards, 238 industry standards, and 14 group standards in the fields of ores, concentrates, heavy non-ferrous metals, precious metals, and alloys [1]. Shareholding Structure - The controlling shareholder, Mining and Metallurgy Group, directly holds 86.11% of the company's shares and indirectly holds an additional 1.53% through the Mining and Metallurgy Institute, totaling 87.64% [2]. - The State-owned Assets Supervision and Administration Commission of the State Council holds 100% of Mining and Metallurgy Group, making it the actual controller of the company [2]. Financial Performance - For the fiscal years 2022, 2023, and 2024, Beikong Testing reported revenues of approximately 91.74 million CNY, 110 million CNY, and 148 million CNY, respectively, with net profits of approximately 31.96 million CNY, 45.58 million CNY, and 55.13 million CNY [2]. - As of June 30, 2025, the total assets amounted to approximately 362.98 million CNY, with total equity of approximately 320.28 million CNY, and a debt-to-asset ratio of 11.76% [3]. - The gross profit margin for the fiscal year 2023 was 64.69%, with a net profit margin of approximately 41.19% [3].