该股主要指标及行业内排名如下： | 指标 | 台金投资 | 有色金属行业均值 | 行业排名 | | --- | --- | --- | --- | | 总市值 | 27.96亿元 | 246.28亿元 | 70 76 | | 净资产 | 2.05亿元 | 125.57亿元 | 75 76 | | 净利润 | 457.58万元 | 4.44亿元 | 65 76 | | 市盈率(动) | 305.51 | 50.85 | 65 76 | | 市净率 | 14.43 | 3.72 | 75 76 | | 毛利率 | 15.43% | 14.82% | 27 76 | | 净利率 | 3.45% | 7.15% | 41 76 | | ROE | 2.39% | 2.65% | 35 76 | 证券之星消息，截至2025年8月20日收盘，合金投资(000633)报收于7.26元，上涨3.27%，换手率 6.48%，成交量24.95万手，成交额1.8亿元。 8月20日的资金流向数据方面，主力资金净流入871.01万元，占总成交额4.85%，游资资金净流入566.85 万元，占总成交额3.15%，散户资金净流出1437. ...

本文源自：金融界 截至2025年8月19日收盘，合金投资股价报7.03元，较前一交易日上涨0.08元，涨幅1.15%。当日开盘价 为6.90元，最高触及7.10元，最低下探6.88元，成交量为25.99万手，成交金额1.82亿元。 作者：A股君 合金投资主营业务为镍基合金材料的生产与销售，属于有色金属加工行业。公司成立于1996年，曾是A 股市场知名的"德隆三驾马车"之一。2025年半年报显示，公司实现营业收入同比增长73.46%，归属于上 市公司股东的净利润同比增长44.12%。 2025年8月19日，合金投资主力资金净流出393.71万元，占流通市值的0.15%。近五个交易日主力资金累 计净流入264.81万元，占流通市值的0.1%。 风险提示：以上内容仅供参考，不构成投资建议。市场有风险，投资需谨慎。 根据公开信息显示，摩根士丹利在2025年二季度对合金投资进行了加仓操作，持股数量增加77.57万 股，截至二季度末共持有273.38万股。此外，美林证券、巴克莱银行、UBS和摩根大通等外资机构也在 二季度新进成为公司前十大流通股东。 ...

Core Viewpoint - Alloy Investment's stock price experienced a decline of 3.51% on August 14, closing at 6.33 yuan, with a trading volume of 171,654 hands and a transaction amount of 110 million yuan [1] Financial Performance - For the first half of 2025, Alloy Investment reported total revenue of 164 million yuan, representing a year-on-year increase of 73.46% [1] - The net profit attributable to shareholders was 4.58 million yuan, up 44.12% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 4.67 million yuan, reflecting a year-on-year growth of 57.41% [1] - The net cash flow from operating activities reached 15.06 million yuan, a significant increase of 409.28% year-on-year [1] Business Segmentation - The company's revenue composition for the first half of 2025 included 61.73% from the metallurgy industry, 36.9% from transportation services, and 1.37% from other businesses [1] Market Activity - On August 14, the main funds saw a net outflow of 14.81 million yuan, accounting for 0.61% of the circulating market value [1] - Over the past five days, the main funds experienced a net outflow of 10.71 million yuan, representing 0.44% of the circulating market value [1]

Core Viewpoint - Alloy Investment is a significant player in the industry, primarily engaged in the production and sales of nickel-based alloy materials, as well as engineering PPP projects and consulting management projects [1] Financial Resilience Evaluation - Alloy Investment's overall resilience score is 27.08, ranking 5125 out of 5405 comparable listed companies in A-shares [1] - The company scored 21.43 in the return dimension, equivalent to 3.43 points [4] - In the innovation dimension, the score is 8.19, translating to 1.15 points [5] - The profitability dimension scored 43.69, which is 8.74 points, indicating strong financial health and growth potential [5] - The risk resistance dimension received a score of 33.21, equating to 5.31 points [6] - The institutional dimension scored 24.87, or 4.48 points [7] - The market value dimension also scored 24.87, translating to 3.98 points [8] Industry Comparison - Among 139 listed companies in the Shenwan first-level non-ferrous metals industry, Alloy Investment ranks 135th, with an industry average score of 49.59 [10] - The company was officially listed on the Shenzhen Stock Exchange on November 12, 1996, and is headquartered in Xinjiang [10] Recent Financial Performance - In the 2025 mid-term report, Alloy Investment achieved operating revenue of 164 million, a year-on-year increase of 73.46% [11] - The company reported a net profit attributable to shareholders of 5 million, reflecting a year-on-year growth of 44.12% [11] - The net profit margin stands at 3.45% [11]

证券之星消息，截至2025年8月11日收盘，合金投资(000633)报收于6.55元，下跌0.76%，换手率 6.35%，成交量24.47万手，成交额1.6亿元。 8月11日的资金流向数据方面，主力资金净流出1562.1万元，占总成交额9.73%，游资资金净流出88.22 万元，占总成交额0.55%，散户资金净流入1650.32万元，占总成交额10.28%。 近5日资金流向一览见下表： 近5日融资融券数据一览见下表： 该股主要指标及行业内排名如下： | 指标 | 台金投资 | 有色金属行业均值 | 行业排名 | | --- | --- | --- | --- | | 总市值 | 25.22亿元 | 236.69亿元 | 71 76 | | 净资产 | 2.03亿元 | 125.83亿元 | 75 76 | | 净利润 | 170.1万元 | 4.03亿元 | 68 76 | | 市盈率(动) | 370.74 | 49.9 | 66 76 | | 市净率 | 13.22 | 3.52 | 75 76 | | 毛利率 | 12.68% | 14.7% | 29 76 | | 净利率 | 2.75% | 7.08 ...

8月8日的资金流向数据方面，主力资金净流入1979.05万元，占总成交额9.38%，游资资金净流出493.55 万元，占总成交额2.34%，散户资金净流出1485.49万元，占总成交额7.04%。 证券之星消息，截至2025年8月8日收盘，合金投资(000633)报收于6.6元，上涨3.61%，换手率8.49%， 成交量32.7万手，成交额2.11亿元。 近5日资金流向一览见下表： | | | | | 日期 收盘价 涨跌幅 主力净流入 主力净占比 游资净点比 散户净流入 散户净占比 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-08-08 | 6.60 | 3.61% | 1979.05万 | 9.38% | -493.55万 | -2.34% | -1485.49万 | -7.04% | | 2025-08-07 | 6.37 | 2.25% | 1419.14万 | 10.33% | -882.34万 | -6.43% | -536.80万 | -3.91% | | 2025-08-06 | | 6.23 ...

Core Viewpoint - The ownership of Alloy Investment (000633.SZ) is changing hands as Sun Guangxin, the richest man in Xinjiang, decides to withdraw, transferring his 20.74% stake to Jiuzhou Hengchang Logistics, making it the new controlling shareholder [1][6][7]. Ownership Change - On June 30, Alloy Investment announced that its controlling shareholder, Guanghui Energy, signed a share transfer agreement with Jiuzhou Hengchang, resulting in Jiuzhou Hengchang becoming the new controlling shareholder [1][6][7]. - The share transfer price is set at 7.5 CNY per share, representing a premium of over 20% compared to the closing price before the trading halt, with a total transaction value of approximately 599 million CNY [1][7]. Financial Impact - Sun Guangxin incurred a loss of approximately 171 million CNY from this transaction, having initially invested around 770 million CNY for the same stake three years ago [2][10]. - The previous acquisition price was 9.7439 CNY per share, indicating a significant depreciation in value [8][10]. Company Background - Alloy Investment has a history of frequent ownership changes, having undergone six ownership transitions since its listing in 1996, and has not issued cash dividends for 21 years [3][15]. - The company primarily engages in the production and sales of nickel-based alloy materials and has been struggling with poor financial performance, with cumulative net profits of only 152 million CNY since its listing [15]. Future Prospects - The new owner, Wang Yunzhuang, is expected to implement strategies to revitalize the company, which has been in a state of operational stagnation [12][17]. - There is potential for synergy between Alloy Investment's transportation business and Jiuzhou Hengchang's logistics operations, which could enhance operational efficiency [16].

Group 1 - The stock price of Alloy Investment (000633) closed at 6.77 yuan on July 1, 2025, with a rise of 10.08%, reaching the daily limit [1] - The main capital inflow on July 1 was 9.17 million yuan, accounting for 65.52% of the total transaction amount, while retail investors experienced a net outflow of 5.61 million yuan, representing 40.12% of the total [1] - Over the past five days, the stock has shown significant fluctuations in capital flow, with a notable increase in main capital inflow on June 23, amounting to 19.16 million yuan [1] Group 2 - Alloy Investment's Q1 2025 report indicates a main revenue of 86.83 million yuan, a year-on-year increase of 93.77%, and a net profit attributable to shareholders of 1.70 million yuan, up 27.82% year-on-year [2] - The company has a debt ratio of 59.89% and financial expenses of 3.04 million yuan, with a gross profit margin of 12.68% [2] - In comparison to the non-ferrous metal industry, Alloy Investment's total market value is 2.607 billion yuan, significantly lower than the industry average of 22.353 billion yuan [2]

Core Viewpoint - Guanghui Energy has divested its stake in Alloy Investment after three years, transferring 79,879,575 shares, representing 20.74% of Alloy Investment's total equity, to Jiuzhou Hengchang Logistics for a total price of 599 million yuan [1][2]. Group 1: Transaction Details - The share transfer was completed on June 30, with Jiuzhou Hengchang becoming the controlling shareholder of Alloy Investment [1]. - Following the transaction, Guanghui Energy no longer holds any shares in Alloy Investment [1]. - The transaction price of 599 million yuan reflects a strategic move by Guanghui Energy to focus on its core energy business and improve its competitive edge [4]. Group 2: Financial Performance - Guanghui Energy reported a significant decline in its financial performance, with a 40.72% year-on-year drop in revenue to 36.441 billion yuan and a 42.60% decrease in net profit to 2.961 billion yuan last year [5]. - The company also experienced a 16.64% decline in net cash flow from operating activities, amounting to 5.675 billion yuan [5]. - Alloy Investment's financials show total assets of 522 million yuan and total liabilities of 320 million yuan as of December 31, 2024, with a revenue of 277 million yuan and a net profit of 12 million yuan last year [4]. Group 3: Strategic Implications - The divestment is part of Guanghui Energy's long-term strategy to enhance its core business by shedding non-core assets [4]. - Jiuzhou Hengchang, a major player in the logistics sector, aims to integrate its operations with Alloy Investment to create synergies in the logistics industry [5].

Summary of Key Points Core Viewpoint - The company has signed a share transfer agreement with Jiuzhou Hengchang Logistics Co., Ltd. to transfer 79,879,575 shares of Xinjiang Alloy Investment Co., Ltd., representing 20.74% of its total share capital, for a total price of RMB 599,096,812.50 at a price of RMB 7.5 per share. This transaction aims to enhance the company's core competitiveness by divesting non-core assets and allowing Jiuzhou Hengchang to integrate its logistics capabilities with Alloy Investment's operations [2][3][32]. Transaction Overview - The share transfer involves the sale of 20.74% equity in Alloy Investment, with Jiuzhou Hengchang becoming the controlling shareholder post-transaction [2][12]. - The transaction is part of the company's strategy to focus on its core energy business and improve operational efficiency [3][32]. - The agreement does not constitute a related party transaction or a major asset restructuring as defined by relevant regulations [2][4]. Financial Details - The share transfer price is set at RMB 7.5 per share, totaling RMB 599,096,812.50 [2][16]. - The transaction has been approved by the company's board and does not require further shareholder approval [2][4]. Jiuzhou Hengchang Logistics Co., Ltd. Profile - Jiuzhou Hengchang is a major logistics service provider in Xinjiang, focusing on bulk energy logistics, including coal and iron ore [3][9]. - The company has a strong asset base with total assets of approximately RMB 4.48 billion and a net profit of RMB 8.18 million for the first quarter of 2025 [9][11]. Alloy Investment Co., Ltd. Profile - Alloy Investment is a publicly listed company specializing in nickel-based alloy materials and has a significant presence in the non-ferrous metal industry [14][15]. - The company has a diverse product range, including high-strength corrosion-resistant materials, and is positioned to benefit from the growing demand for high-performance materials [14][15]. Impact on the Company - The divestment is expected to optimize resource allocation, reduce operational costs, and enhance the company's long-term profitability and sustainability [32]. - The transaction aligns with the strategic needs of both parties, facilitating Alloy Investment's growth through Jiuzhou Hengchang's logistics capabilities [32].