Company Overview - Shenzhen Placo New Materials Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on September 17, 2009. The company was listed on December 30, 2019. Its main business involves the research, production, and sales of metal soft magnetic powders, metal soft magnetic powder cores, and inductive components, providing high-performance soft magnetic materials and modular inductors for efficient, stable, energy-saving, and environmentally friendly operation of power electronic devices or systems [1]. Financial Performance - As of June 30, 2025, Placo New Materials achieved operating revenue of 861 million yuan, representing a year-on-year growth of 8.11%. The net profit attributable to the parent company was 191 million yuan, with a year-on-year increase of 3.28% [2]. - Since its A-share listing, the company has distributed a total of 174 million yuan in dividends, with 120 million yuan distributed over the past three years [3]. Stock Performance - On September 26, the stock price of Placo New Materials decreased by 2.02%, trading at 73.63 yuan per share, with a total market capitalization of 21.317 billion yuan. The stock has increased by 37.09% year-to-date, but has seen a decline of 3.69% over the last five trading days and a slight decrease of 0.43% over the last 20 days. However, it has risen by 64.50% over the past 60 days [1]. - The company has a total of 20,800 shareholders as of June 30, 2025, which is an increase of 3.76% from the previous period. The average number of circulating shares per person is 11,075, a decrease of 3.42% [2]. Shareholder Information - As of June 30, 2025, among the top ten circulating shareholders, Huaxia Industry Prosperity Mixed A (003567) is the third-largest shareholder with 4.6918 million shares, an increase of 300,000 shares from the previous period. Guotou Ruijin New Energy Mixed A (007689) is the tenth-largest shareholder with 2.1752 million shares, a decrease of 64,100 shares [3].

从基金十大重仓股角度 9月23日，铂科新材跌5.05%，截至发稿，报73.30元/股，成交4.96亿元，换手率2.75%，总市值212.21亿 元。 资料显示，深圳市铂科新材料股份有限公司位于广东省深圳市南山区西丽街道曙光社区智谷研发楼B栋 1301，成立日期2009年9月17日，上市日期2019年12月30日，公司主营业务涉及从事金属软磁粉、金属 软磁粉芯和电感元件的研发、生产和销售,为电能变换各环节电力电子设备或系统实现高效稳定、节能 环保运行提供高性能软磁材料、模块化电感以及整体解决方案。主营业务收入构成为：金属软磁粉末制 品96.69%，金属软磁粉3.07%，其他(含其他业务收入)0.25%。 责任编辑：小浪快报 数据显示，鹏华基金旗下1只基金重仓铂科新材。1000ETF增强（560590）二季度持有股数3800股，占 基金净值比例为1.1%，位居第九大重仓股。根据测算，今日浮亏损失约1.48万元。 截至发稿，寇斌权累计任职时间2年96天，现任基金资产总规模9.65亿元，任职期间最佳基金回报 95.36%， 任职期间最差基金回报0.2%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任 ...

Company Overview - Shenzhen Placo New Materials Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on September 17, 2009. The company was listed on December 30, 2019. Its main business involves the research, production, and sales of metal soft magnetic powders, metal soft magnetic powder cores, and inductive components, providing high-performance soft magnetic materials and modular inductance solutions for efficient and environmentally friendly operation of power electronic devices and systems [1][2]. Financial Performance - As of June 30, 2025, Placo New Materials achieved operating revenue of 861 million yuan, representing a year-on-year growth of 8.11%. The net profit attributable to the parent company was 191 million yuan, with a year-on-year increase of 3.28% [2]. - The company has distributed a total of 174 million yuan in dividends since its A-share listing, with 120 million yuan distributed over the past three years [3]. Stock Performance - On September 17, the stock price of Placo New Materials increased by 2.16%, reaching 78.00 yuan per share, with a trading volume of 389 million yuan and a turnover rate of 2.14%. The total market capitalization is 22.582 billion yuan [1]. - Year-to-date, the stock price has risen by 45.22%, with an increase of 8.71% over the last five trading days, 8.79% over the last twenty days, and 80.60% over the last sixty days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders of Placo New Materials was 20,800, an increase of 3.76% from the previous period. The average circulating shares per person decreased by 3.42% to 11,075 shares [2]. - Among the top ten circulating shareholders, Huaxia Industry Prosperity Mixed Fund holds 4.6918 million shares, an increase of 301,000 shares compared to the previous period. Guotou Ruijin New Energy Mixed A Fund holds 2.1752 million shares, a decrease of 64,100 shares [3].

Group 1 - The core viewpoint of the news is that Placo New Materials has shown significant stock performance and financial growth, with a notable increase in share price and market capitalization [1][2]. - As of September 16, Placo New Materials' stock price increased by 2.11% to 78.75 CNY per share, with a total market capitalization of 22.799 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 46.62%, with a 12.50% rise over the last five trading days and an 82.50% increase over the last 60 days [1]. Group 2 - Placo New Materials operates in the non-ferrous metals sector, specifically in the magnetic materials sub-sector, and is involved in various concept sectors including inductors and consumer electronics [2]. - For the first half of 2025, the company reported a revenue of 861 million CNY, reflecting a year-on-year growth of 8.11%, and a net profit attributable to shareholders of 191 million CNY, up 3.28% [2]. - The company has distributed a total of 174 million CNY in dividends since its A-share listing, with 120 million CNY distributed over the past three years [3]. Group 3 - As of June 30, 2025, the number of shareholders for Placo New Materials increased by 3.76% to 20,800, while the average circulating shares per person decreased by 3.42% to 11,075 shares [2]. - Among the top ten circulating shareholders, Huaxia Industry Prosperity Mixed Fund holds 4.6918 million shares, an increase of 301,000 shares compared to the previous period [3]. - The company has seen changes in institutional holdings, with some funds increasing their positions while others have exited the top ten shareholder list [3].

Group 1 - The core point of the news is that Placo New Materials Co., Ltd. experienced a decline of 5.07% in its stock price, reaching 69.90 CNY per share, with a trading volume of 5.57 billion CNY and a turnover rate of 3.23%, resulting in a total market capitalization of 202.37 billion CNY [1] - Placo New Materials, established on September 17, 2009, and listed on December 30, 2019, specializes in the research, production, and sales of metal soft magnetic powders, cores, and inductive components, contributing to efficient, stable, energy-saving, and environmentally friendly operations in power electronic devices [1] - The company's main business revenue composition includes 96.69% from metal soft magnetic powder products, 3.07% from metal soft magnetic powders, and 0.25% from other business income [1] Group 2 - From the perspective of major fund holdings, Huafu Fund has one fund heavily invested in Placo New Materials, specifically the Huafu Strategy Selected Mixed A fund, which held 8,000 shares in the second quarter, accounting for 4.08% of the fund's net value, ranking as the sixth-largest holding [2] - The Huafu Strategy Selected Mixed A fund, established on December 24, 2008, has a latest scale of 798.19 million CNY, with a year-to-date return of 13.93% and a one-year return of 40.06%, ranking 3372 out of 7978 in its category [2] - The fund manager, Deng Xiang, has been in charge for 1 year and 156 days, with the fund's total asset scale at 51.48 million CNY, achieving a best return of 18.02% and a worst return of -7.01% during his tenure [3]

Group 1 - The core viewpoint of the news is that Shenzhen Platinum New Materials Co., Ltd. has seen a significant increase in stock price, with a rise of 5.14% to 76.75 yuan per share, and a total market capitalization of 22.22 billion yuan [1] - The company specializes in the research, production, and sales of metal soft magnetic powders, soft magnetic powder cores, and inductive components, contributing to energy-efficient and environmentally friendly operations in power electronic devices [1] - The main revenue composition of the company includes 96.69% from metal soft magnetic powder products, 3.07% from metal soft magnetic powders, and 0.25% from other business income [1] Group 2 - According to data, one fund under GF Fund has a significant holding in Platinum New Materials, with the GF Growth Mixed Fund (162720) holding 135,000 shares, accounting for 2.99% of the fund's net value [2] - The GF Growth Mixed Fund has achieved a year-to-date return of 48.54% and a one-year return of 87.81%, ranking 691 out of 8180 and 555 out of 7967 respectively [2] - The fund manager, Li Wei, has a tenure of nearly 14 years, with the fund's total asset size at 4.834 billion yuan and a best return of 557.2% during his management [3]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative return of over 20% within the next six months [8]. Core Views - The company achieved a revenue of 861 million yuan in the first half of 2025, representing a year-on-year increase of 8.1%, with a net profit attributable to shareholders of 191 million yuan, up 3.3% year-on-year [1]. - The second quarter of 2025 showed significant improvement, with revenue reaching 477 million yuan, a year-on-year increase of 3.5% and a quarter-on-quarter increase of 24.5% [2]. - The company's profitability improved significantly, with a gross margin of 39.8% in the first half of 2025, and a net profit margin of 22.3% [3]. - The company is positioned to benefit from the growing ASIC industry, with expectations of increased demand for chip inductors as major tech companies accelerate the deployment of self-developed ASIC chips [4]. Financial Performance - In the first half of 2025, the company recorded a net cash flow from operating activities of 260 million yuan, a year-on-year increase of 119.6%, indicating ongoing improvement in cash flow [3]. - The company’s revenue is projected to grow significantly, with estimates of 1.16 billion yuan in 2023, 1.66 billion yuan in 2024, and 2.02 billion yuan in 2025, reflecting growth rates of 8.71%, 43.54%, and 21.18% respectively [6]. - The estimated net profit attributable to shareholders is expected to reach 255.77 million yuan in 2023, 375.72 million yuan in 2024, and 453.01 million yuan in 2025, with growth rates of 32.48%, 46.90%, and 20.57% respectively [6]. Market Position and Growth Drivers - The company has established long-term partnerships with major brands such as BYD, Gree, Huawei, and MPS, enhancing its market position in the soft magnetic powder core segment [4]. - The company is expanding its customer base in the chip inductor segment, having formed new partnerships with globally recognized manufacturers [4]. - The anticipated growth in the ASIC market, particularly in AI servers, is expected to provide new growth opportunities for the company's chip inductor products [4].

8月29日，铂科新材跌5%，截至发稿，报74.10元/股，成交2.95亿元，换手率1.66%，总市值214.53亿 元。 截至发稿，寇斌权累计任职时间2年71天，现任基金资产总规模9.65亿元，任职期间最佳基金回报 96.4%， 任职期间最差基金回报0.11%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显示，鹏华基金旗下1只基金重仓铂科新材。1000ETF增强（560590）二季度持有股数3800股，占 基金净值比例为1.1%，位居第九大重仓股。根据测算，今日浮亏损失约1.48万元。 1000ETF增强（560590）成立日期2023年9月1日，最新规模1601.87万。今年以来收益31.06%，同类排 名1225/4222；近一年收益73.8%，同类排名952/3776；成立以来收益41.61%。 1000ETF增强（560590）基金经理为寇斌权。 资料显示，深圳市铂科新材料股份有限公司位于广东省深圳市南山区西丽街道曙光社区智谷研发楼B ...

Company Overview - Shenzhen Placo New Materials Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on September 17, 2009. The company went public on December 30, 2019. Its main business involves the research, production, and sales of metal soft magnetic powders, metal soft magnetic powder cores, and inductive components, providing high-performance soft magnetic materials and modular inductance solutions for efficient, stable, energy-saving, and environmentally friendly operation of power electronic devices and systems [1]. Financial Performance - As of August 29, Placo's stock price dropped by 5% to 74.10 CNY per share, with a trading volume of 295 million CNY and a turnover rate of 1.66%. The total market capitalization stands at 21.453 billion CNY [1]. Revenue Composition - The revenue composition of Placo is as follows: metal soft magnetic powder products account for 96.69%, metal soft magnetic powder for 3.07%, and other business revenues for 0.25% [1]. Fund Holdings - According to data from the top ten holdings of funds, one fund under Huafu Fund holds shares in Placo. The Huafu Strategy Selected Mixed A Fund (410006) held 8,000 shares in the second quarter, representing 4.08% of the fund's net value, making it the sixth-largest holding. The estimated floating loss today is approximately 31,200 CNY [2]. Fund Manager Performance - The fund manager of Huafu Strategy Selected Mixed A Fund is Deng Xiang, who has been in the position for 1 year and 150 days. The total asset size of the fund is 51.4812 million CNY, with the best fund return during his tenure being 16.27% and the worst being 1.21% [3].

Core Viewpoint - The financial report of Placo New Materials (300811.SZ) for the first half of 2025 shows a revenue of 861 million yuan, a year-on-year increase of 8.11%, and a net profit of 191 million yuan, a year-on-year increase of 3.28%, which is slightly below market expectations [2][3] Financial Performance - The company's revenue has grown from 403 million yuan in 2019 to 1.663 billion yuan in 2024, with net profit increasing from 84.59 million yuan to 376 million yuan, maintaining double-digit growth for several quarters [3] - The core business, metal soft magnetic powder core, generated 657 million yuan in revenue, a year-on-year increase of 11.97%, accounting for over 90% of total revenue [3] - The gross margin of the core business has declined by 0.87 percentage points, indicating potential pressures from raw material costs and increased market competition [3][4] Business Segment Analysis - The chip inductor business, which was highly anticipated, saw a revenue decline of 9.71% to 176 million yuan due to a temporary order pressure from module clients switching between old and new solutions [4] - The metal soft magnetic powder business experienced a significant revenue increase of 90.35%, reaching 26.38 million yuan, driven by demand from new energy vehicles and AI servers [4] Research and Development Investment - The company has aggressively increased its R&D investment, with expenses reaching 61.62 million yuan, a year-on-year increase of 43.29%, significantly outpacing revenue growth [5] - This investment reflects the company's urgency in technology iteration and product development, especially after setbacks in the chip inductor segment [5] Capacity Expansion Plans - The company has been actively expanding its production capacity, with plans to invest approximately 1 billion yuan in a high-end alloy soft magnetic material production base in Guangdong, which will add an annual production capacity of 20,000 tons [6][7] - Additionally, the company is planning to invest up to 100 million yuan in a production base in Thailand to meet the growing overseas market demand [7] - A new production base in Huizhou is also under construction, with a total investment of 454 million yuan, aimed at addressing capacity bottlenecks [7][8] Market Outlook - The global soft magnetic materials market is projected to grow from 51.4 billion USD in 2019 to 79.4 billion USD in 2024, with a compound annual growth rate of 9.1% [8] - As the company's capacity expansion projects come online in the next couple of years, it is expected to experience a significant capacity explosion, although the ability to fully absorb this capacity in the downstream market remains a concern [8]