英科再生资源股份有限公司2025 年半年度报告 公司代码：688087 公司简称：英科再生 英科再生资源股份有限公司 英科再生资源股份有限公司2025 年半年度报告 跨山越海,奔赴热爱 策，实质意义上成为考验一家企业是否具备短期应变能力与长期可持续发展能力兼备 的试金石。当此篇半年度报告披露之际，我们愿将分享的主题定为 "跨山越海，奔 赴热爱"。英科进一步快速实现跨山（东）越海（外），提升东南亚产能释放，以更 加从容的姿态、更加创新的思维、更加务实的行动，参与到我们所属行业的全球供应 链、产业链重塑的版图中来。 一、"中国+东南亚制造"进程提速 服务全球超 130 个国家，其中，美国市场占比保持稳定。很重要的一点，得益于我们 早在 2019 年开始布局的越南清化基地投建。越南清化一期占地 6 公顷，自 2024 年后 始终处于满产满销状态；二期占地 8 公顷， 2025 年初完成厂房基建后，管理层便前 瞻性开始筹划车间布局、设备选型等工作。 当 4 月初关税通知下达后，客人的咨询信息如潮水般涌来---有询问价格调整、有 担忧交期、有探讨产地转移的，每天我们销售伙伴们与客户保持着无时差的高频沟通。 为快速响应客 ...

Company Overview - Yingke Recycling Resources Co., Ltd. is a high-tech manufacturer engaged in the recycling and utilization of plastic materials, innovatively integrating the entire industrial chain of plastic recycling [2] - The company is headquartered in Zibo, Shandong, with additional bases in Shanghai, Anhui, Jiangsu, Malaysia, and a developing site in Vietnam [2] - Yingke Recycling has the capacity to recycle approximately 100,000 tons of PS plastic annually and is about to launch a food-grade PET recycling project with a capacity of 50,000 tons per year [2] Financial Performance - For the third quarter of 2024, the company reported revenue of 2.231 billion yuan, a year-on-year increase of 22.30%, and a net profit of 195 million yuan, reflecting a year-on-year growth of 24.91% [2] - The sales gross margin stands at 25.65% [2] Market Position - As of April 7, the company's stock closed at 19.99 yuan, down 19.59%, with a rolling price-to-earnings (PE) ratio of 12.47 times [1] - The average PE ratio for the plastic products industry is 60.65 times, with a median of 34.62 times, positioning Yingke Recycling at 18th place within the industry [1][3] Shareholder Information - As of September 30, 2024, the number of shareholders for Yingke Recycling is 5,275, a decrease of 419 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares per shareholder [1]