据证券之星公开数据整理，近期永顺泰(001338)发布2025年中报。截至本报告期末，公司营业总收入 22.23亿元，同比上升2.55%，归母净利润1.69亿元，同比上升0.96%。按单季度数据看，第二季度营业 总收入12.0亿元，同比下降3.63%，第二季度归母净利润9809.42万元，同比上升14.88%。本报告期永顺 泰公司应收账款体量较大，当期应收账款占最新年报归母净利润比达295.79%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率11.96%，同比减1.8%，净利率7.61%，同比减 1.55%，销售费用、管理费用、财务费用总计7393.53万元，三费占营收比3.33%，同比减16.36%，每股 净资产7.25元，同比增4.31%，每股经营性现金流2.3元，同比增4.96%，每股收益0.34元，同比增3.03% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 21.68亿 | 22.23亿 | 2.55% | | 归母净利润(元) | 1.68亿 | 1.69Z | 0.96% | | 扣非净利 ...

据证券之星公开数据整理，近期永顺泰(001338)发布2025年中报。截至本报告期末，公司营业总收入 22.23亿元，同比上升2.55%，归母净利润1.69亿元，同比上升0.96%。按单季度数据看，第二季度营业 总收入12.0亿元，同比下降3.63%，第二季度归母净利润9809.42万元，同比上升14.88%。本报告期永顺 泰公司应收账款体量较大，当期应收账款占最新年报归母净利润比达295.79%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率11.96%，同比减1.8%，净利率7.61%，同比减 1.55%，销售费用、管理费用、财务费用总计7393.53万元，三费占营收比3.33%，同比减16.36%，每股 净资产7.25元，同比增4.31%，每股经营性现金流2.3元，同比增4.96%，每股收益0.34元，同比增3.03% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 21.68亿 | 22.23 亿 | 2.55% | | 归母净利润(元) | 1.68亿 | 1.69亿 | 0.96% | | 扣非净 ...

Core Viewpoint - The company aims to strengthen its position in the malt industry and become a world-class malt supplier, focusing on high-end development and organic growth in both quantity and quality [2]. Group 1: Company Strategy - The company's development strategy is to deepen its core malt business and consolidate its leading position in the industry [2]. - The company has over 20 years of cooperation history with major beer manufacturers such as Budweiser, Carlsberg, Heineken, and others, indicating strong industry relationships [2]. - The company's malt production bases are strategically located in key regions like Guangdong, Zhejiang, Jiangsu, Shandong, and Hebei, aligning with major beer brewing and consumption markets [2]. Group 2: Market Position and Competition - The company is actively collaborating with regional small and medium-sized clients as well as craft beer customers, providing a wide range of specialty and customized malt products [2]. - The company acknowledges the high added value of craft beer and the reduced marginal effect of transportation costs, indicating a competitive landscape in the craft beer malt sector [2]. - Future plans include continuing to deepen the malt business and pursuing opportunities for capacity expansion and potential acquisitions [2].

证券代码：001338 证券简称：永顺泰 编号：2025-009 投资者关系活动记录表 投资者关系 活动类别 特定对象调研 □媒体采访 □新闻发布会 □现场参观 □分析师会议 □业绩说明会 □路演活动 □其他： 参与单位名称 及人员姓名 华源证券张东雪、林若尧 时间 2025 年 8 月 7 日下午 地点 广州经济技术开发区金华西街 1 号公司 6 楼会议室 上市公司接待 人员姓名 副总经理张楠、董事会秘书温敏、证券事务代表仝国明 投资者关系 活动记录 1.公司特种麦芽业务的情况如何？ 答：特种麦芽在加工过程中较普通麦芽的工序更为复杂，所以其售 价普遍高于普通麦芽。公司是国内较早介入特种麦芽领域的生产企业之 一，具有较长时间的技术和市场积累，与多数具有一定规模的精酿啤酒 客户形成了较好的合作关系，能够为客户提供品类齐全、质量可靠的特 种麦芽产品及细致周到的售后服务。 2.如何做到国内销售与海外销售的平衡？在东南亚市场的优势有哪 些？ 答：公司产品以国内销售为主，出口通常占总销量的 25~30%，具体 根据国内销售情况而有所波动。通过国内销售与海外销售的相互补充， 促使公司实现产能的充分利用。目前公司产品已外销 ...

Group 1: Company Capacity and Projects - The company's current production capacity is 1.08 million tons per year, with sufficient utilization rates [2] - A new 50,000 tons/year specialty malt production line is under construction, expected to be completed by the end of 2025 [2] - The specialty malt project is aligned with the company's strategy to enhance its manufacturing capabilities and cater to large beer group clients [2] Group 2: Specialty Malt Performance - Specialty malt sales and revenue currently represent a small proportion of the overall business, but the gross margin is higher than that of regular malt due to more complex processing [2] - The company is one of the early entrants in the specialty malt sector in China, leveraging long-term technical and market experience [2] - Future plans include enhancing product quality and expanding market reach for specialty malt products [2] Group 3: Market Trends and Company Strategy - The beer industry is shifting towards high-end and craft products, increasing demand for specialty and high-end malts [3] - The company aims to strengthen its technological innovation and product development to meet evolving customer needs [3] Group 4: Financial Performance - In 2024, the company reported an 11.53% decline in revenue, while net profit surged by 72.50% [3] - Revenue decline was attributed to lower selling prices outweighing the increase in malt sales volume, driven by a decrease in raw material costs [3] - Net profit growth resulted from effective procurement strategies and cost control measures, including a reduction in financial expenses by 37.08 million yuan [3] Group 5: Operational Status - As of the second quarter of 2025, the company's operations are stable and progressing steadily compared to the first quarter [3]