启迪环境成立于1993年10月11日，于1998年2月25日在深圳证券交易所上市，注册地址和办公地址均为湖 北省宜昌市。它是国内环保行业的重要企业，业务覆盖固废处置及水务运营，具备较强的系统集成与投资 运营能力。 公司主营业务包括固废处置工程系统集成、设备制造和投资运营业务，以及特定区域市政供水、污水处理 项目的投资运营服务业务。所属申万行业为环保 - 环境治理 - 综合环境治理，涉及湖北自贸区、新能源 车、人工智能核聚变、超导概念、核电等概念板块。 经营业绩：营收行业第二，净利润第十五 2025年三季度，启迪环境营业收入为33.04亿元，行业排名2/15，仅次于福龙马的35.99亿元，远高于行业平 均数9.26亿元和中位数5.18亿元。主营业务构成中，环卫服务业务11.93亿元占比53.48%，自来水及污水处 理业务5.21亿元占比23.37%，固体废物处理业务4.02亿元占比18.00%，市政施工与环保设备安装及技术咨 询业务9177.41万元占比4.11%，其他(补充)2319.4万元占比1.04%。净利润方面，当期亏损6.42亿元，行业 排名15/15，行业第一名福龙马净利润为1.56亿元，第二名南大 ...

10月30日，启迪环境发布2025年三季报。报告显示，公司前三季度营业收入为33.04亿元，同比下降 10.57%；归母净利润为-6.83亿元，同比增长38.60%；扣非归母净利润为-3.71亿元，同比增长49.55%； 基本每股收益-0.54元。 报告期内，启迪环境基本每股收益为-0.54元，加权平均净资产收益率为-157.88%。 以10月30日收盘价计算，启迪环境目前市盈率（TTM）约为-0.96倍，市净率（LF）约为1.80倍，市销 率（TTM）约为0.65倍。 2025年三季度，公司期间费用为8.19亿元，较上年同期减少4598.84万元；期间费用率为24.80%，较上 年同期上升1.38个百分点。其中，销售费用同比减少18.64%，管理费用同比减少6.83%，研发费用同比 减少3.08%，财务费用同比减少2.96%。 筹码集中度方面，截至2025年三季度末，公司股东总户数为8.14万户，较上半年末下降了1828户，降幅 2.20%；户均持股市值由上半年末的3.38万元增加至4.19万元，增幅为24.05%。 资料显示，启迪环境科技发展股份有限公司位于湖北省宜昌市西陵区绿萝路77号，成立日期1993 ...

Core Viewpoint - The stock of Tsinghua Tongfang Environment has experienced fluctuations, with a recent decline of 2.15% and a year-to-date increase of 14.00, indicating volatility in investor sentiment and market performance [1][2]. Company Overview - Tsinghua Tongfang Environment Technology Development Co., Ltd. is located in Yichang, Hubei Province, and was established on October 11, 1993, with its listing date on February 25, 1998. The company specializes in solid waste disposal system integration, equipment manufacturing, and investment operation services, as well as municipal water supply and sewage treatment projects [2]. - The main business revenue composition includes: sanitation services 53.48%, water supply and sewage treatment 23.37%, solid waste treatment 18.00%, municipal construction and environmental equipment installation and technical consulting 4.11%, and others 1.04% [2]. Financial Performance - As of September 20, the number of shareholders for Tsinghua Tongfang Environment is 73,000, a decrease of 5.94% from the previous period, with an average of 19,518 circulating shares per person, an increase of 6.32% [2]. - For the first half of 2025, the company reported operating revenue of 2.231 billion yuan, a year-on-year decrease of 10.54%, and a net profit attributable to the parent company of -523 million yuan, a year-on-year decrease of 139.02% [2]. Stock Market Activity - The stock price of Tsinghua Tongfang Environment has seen a recent drop of 8.80% over the last five trading days, while it has increased by 6.05% over the last 20 days and 11.22% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" five times this year, with the most recent appearance on September 25, where it recorded a net buy of -51.0613 million yuan [1].