中证智能财讯久日新材（688199）2月27日晚间披露2025年业绩快报，公司实现营业收入14.86亿元，同比下降0.15%；归母净利润2777.13万元，同比扭亏； 扣非净利润1817.94万元，上年同期亏损；基本每股收益0.17元，加权平均净资产收益率为1.08%。以2月27日收盘价计算，久日新材目前市盈率（TTM）约 为173倍，市净率（LF）约1.87倍，市销率（TTM）约3.29倍。 以本次披露业绩快报数据计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况（倍） 200 @ 20 100 50 -37034 == 31857 == 35o73 == 24o18 == 21:49 0 -25.14 -26.13 -50 -100 -113.29 -150 2022-06-30 2021-06-30 ' 2021-12-37 2020-12-37 3-06-30 .3-12-37 22-12-37 : 2n- -○- 公司 -○- 行业均值 100 ହ 90 80 76.95 70 69-03 60 5201 50 40 30 23a76 20 10 3 3 0 2027-12-37 | ...

证券代码：688199 证券简称：久日新材 公告编号：2026-008 天津久日新材料股份有限公司 2025年度业绩快报公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 本公告所载2025年度主要财务数据为初步核算数据，未经会计师事务所审计，具体数据请以天津久日新 材料股份有限公司（以下简称公司）2025年年度报告为准，提请投资者注意投资风险。 一、2025年度主要财务数据和指标 单位：人民币元 ■ 报告期内，公司实现营业总收入1,486,223,661.79元，同比减少0.15%；实现营业利润46,751,982.27元、 利润总额41,763,228.40元、归属于母公司所有者的净利润27,771,322.54元、归属于母公司所有者的扣除 非经常性损益的净利润18,179,437.32元，基本每股收益为0.17元，本报告期实现扭亏为盈。 截至报告期末公司总资产为4,247,849,789.55元，较期初增加5.90%；归属于母公司的所有者权益为 2,596,467,086.61元，较期初增加1.55%；股本为161 ...

我们认为半导体行业景气度的持续提升，尤其是人工智能技术的快速迭代催生了相关应用领域需求的持 续增长，有望持续带动公司湿电子化学品以及EMC 环氧塑封料等材料的营业收入上涨。屏幕显示材料 业务市场版图在收购JNC 株式会社旗下液晶业务板块后有望扩张。紫外固化光纤涂覆材料有望受益于 新型光纤技术发展。综上，首次覆盖给予 "增持"投资评级。 2）面板行业市场规模持续扩大，显示技术迭代正推动行业从"量增"向"质变"转型。3）光纤光缆材料持 续变革，新型光纤技术研究提速。未来几年，光纤光缆产业将处于新型光纤技术研究提速和部署应用的 关键时期，全球的光纤光缆需求呈现持续增长的态势。4）有机合成材料产品终端应用领域广泛且持续 拓展，在国家"双碳"战略以及相关环保政策的强驱动下，光引发剂作为光固化技术的关键材料，将迎来 增长机遇。医药中间体和化学原料药产品种类多、附加值高、用途广、产业关联度大，直接服务于国民 经济的诸多行业的各个领域，未来发展潜力巨大。 紫外固化材料起家，业务范围不断扩展。自成立以来，公司从光通信领域紫外固化材料的自主研发和生 产开始，不断寻求行业间技术协同，目前已将核心业务范围逐步拓展至半导体材料、屏幕显 ...

经济观察网扬帆新材（300637）于2026年1月30日披露2025年度业绩预告，预计实现营业收入9.1亿元至 9.2亿元，归母净利润1300万元至1900万元，同比扭亏为盈。业绩改善主要受益于光引发剂下游PCB、 涂料等行业复苏带来的需求增长和产品价格抬升，以及中间体业务因农药行业回暖而销量提升。公司通 过技改提升产能利用率，降低单位成本，推动毛利率改善。以最新股价12.77元计算，市盈率(TTM)约 为256.16倍，市净率(LF)为4.09倍。 近期事件 2026年2月6日公告显示，股东宁波新帆于2025年11月5日至2026年2月4日通过集中竞价减持234.67万 股，均价12.55元，占总股本0.9997%；董事及高管陶明等人合计减持6.37万股，均价区间11.72-12.71 元，占总股本0.0271%，减持计划已全部完成。该事项可能对短期市场情绪构成影响。 股票近期走势 近7个交易日(2026年2月4日至11日)，扬帆新材股价区间振幅6.28%，最高价13.09元(1月30日)，最低价 12.28元(2月6日)。2月5日单日下跌1.74%，主力资金净流出160.17万元；截至2月11日最新收盘价 ...

有投资者在互动平台向 久日新材提问：公司 光引发剂能用在光纤上吗？给哪些企业供货？久日新材回 复称，公司的光引发剂可用于光纤 涂料中，光纤涂料是光引发剂的下游重要应用领域之一。国内外主 流光纤涂料企业均为公司客户。 ...

Core Viewpoint - The company confirmed that its photoinitiators can be used in optical fiber coatings, which is a significant application area for these products [1] Group 1 - The company's photoinitiators are utilized in optical fiber coatings, indicating their relevance in the industry [1] - Major domestic and international optical fiber coating companies are clients of the company, highlighting its market presence [1]

证券日报网讯2月9日，久日新材在互动平台回答投资者提问时表示，公司的光引发剂可用于光纤涂料 中，光纤涂料是光引发剂的下游重要应用领域之一。国内外主流光纤涂料企业均为公司客户。 ...

久日新材（688199.SH）2月9日在投资者互动平台表示，公司的光引发剂可用于光纤涂料中，光纤涂料 是光引发剂的下游重要应用领域之一。国内外主流光纤涂料企业均为公司客户。 （记者 王晓波） 每经AI快讯，有投资者在投资者互动平台提问：公司光引发剂能用在光纤上吗？给哪些企业供货？ ...

Group 1 - The core viewpoint of the news is that Jiu Ri New Materials experienced a decline in stock price and trading volume, with significant changes in financing and stockholder dynamics [1][2]. Group 2 - On February 2, Jiu Ri New Materials' stock fell by 3.30%, with a trading volume of 184 million yuan. The financing buy-in amount was 18.24 million yuan, while the financing repayment was 20.22 million yuan, resulting in a net financing buy of -1.98 million yuan [1]. - As of February 2, the total financing and securities lending balance for Jiu Ri New Materials was 202 million yuan, with the financing balance accounting for 4.81% of the circulating market value, indicating a high level compared to the past year [1]. - The company had a securities lending repayment of 0 shares and sold 1,600 shares on February 2, with a selling amount of 41,700 yuan. The securities lending balance was 5.21 million yuan, also indicating a high level compared to the past year [1]. Group 3 - As of September 30, the number of shareholders for Jiu Ri New Materials was 12,400, an increase of 14.01% from the previous period. The average circulating shares per person decreased by 12.29% to 12,952 shares [2]. - For the period from January to September 2025, Jiu Ri New Materials reported operating revenue of 1.097 billion yuan, a year-on-year decrease of 2.39%. However, the net profit attributable to the parent company was 2.72 million yuan, showing a significant year-on-year growth of 111.27% [2]. Group 4 - Since its A-share listing, Jiu Ri New Materials has distributed a total of 203 million yuan in dividends, with no dividends paid in the last three years [3]. - As of September 30, 2025, among the top ten circulating shareholders, Guotai Junan Eagle Growth Flexible Allocation Mixed Fund was the sixth largest shareholder with 1.2183 million shares, marking it as a new shareholder. Other funds such as Penghua Quality Governance Mixed Fund and Nuonan Pioneer Mixed Fund have exited the top ten list [3].

Market Overview - The secondary market prices of publicly listed REITs in China showed a fluctuating upward trend in January 2026, with the CSI REITs closing at 809.56 and the CSI REITs total return index at 1052.42, yielding returns of 3.98% and 4.22% respectively [1] - Compared to other major asset classes, the return rates ranked as follows: Gold > Crude Oil > Convertible Bonds > A-shares > REITs > US Stocks > Pure Bonds [1] Industry Research - SpaceX plans to deploy one million computing satellites, expanding the commercial space demand [2] - The ability to manufacture and launch reusable rockets is fundamental for large-scale constellation construction [2] - Laser communication networks are key for achieving large-scale inter-satellite communication [2] - Recommended companies in the rocket sector include Superjet, Highhua Technology, and Zhongheng Design; in the satellite sector, focus on Shaanxi Huada, Shanghai Port, Shanghai Huanxun, Zhenlei Technology, Changguang Huaxin, Aerospace Electronics, Jiayuan Technology, and Shanghai Huguang [2] Company Research - Baihehua (603823.SH) plans to invest in a 1000-ton PEEK project, enhancing its position in the new materials sector [3] - The forecast for Baihehua's net profit for 2025-2027 is adjusted to 173 million (down 22%), 223 million (down 22%), and 270 million yuan, with corresponding EPS of 0.42, 0.54, and 0.65 yuan [3] - Zhongxin Fluorine Materials (002915.SZ) expects to achieve a net profit of 16-20 million yuan in 2025, benefiting from the recovery in pesticide demand and reduced losses from Fujian Gaobao [4] - The projected net profits for Zhongxin Fluorine Materials for 2025-2027 are 18 million, 75 million, and 110 million yuan [4] - Jiu Ri New Materials (688199.SH) anticipates a net profit of 21-31.5 million yuan in 2025, driven by the price recovery of photoinitiators [6] - The projected net profits for Jiu Ri New Materials for 2025-2027 are 31 million, 78 million, and 136 million yuan [6] - Great Wall Motors (601633.SH, 2333.HK) reported a profit forecast for 2025, with net profits adjusted to 9.9 billion, 12.4 billion, and 15.7 billion yuan for 2025-2027 [7] - Apple (AAPL.O) reported record revenue growth in FY1Q26, driven by strong demand for the iPhone 17 series and the continued penetration of AI features [8] - The company maintained a high gross margin despite rising storage costs, showcasing its pricing power and supply chain management capabilities [8] - Aoyou (1717.HK) expects a revenue growth of 1.1% in 2025, with net profits adjusted to 236 million, 262 million, and 280 million yuan for 2025-2027 [9]