Xinfengming Group 新凤鸣
23 significant filings since 30 May 2026: 7 on equity incentive, 6 on buyback and 5 on change of interest, and 4 other kinds. The latest, on 23 Sep 2026: 北京中伦（成都）律师事务所关于新凤鸣集团股份有限公司2024年限制性股票激励计划第二期解除限售相关事项的法律意见书. On 7 Jul 2026 the company said it expects net profit for the period ending 30 Jun 2026 to rise by 94.85% to 111.79% from the same period a year earlier.
自 30 May 2026 起有 23 份重大公告：equity incentive 7 份、buyback 6 份、change of interest 5 份，另有 4 类。最新一份（23 Sep 2026）：北京中伦（成都）律师事务所关于新凤鸣集团股份有限公司2024年限制性股票激励计划第二期解除限售相关事项的法律意见书。7 Jul 2026 公司预告截至 30 Jun 2026 的净利润较上年同期上升 94.85% 至 111.79%。
Price History 价格走势
5 sessions 个交易日, 18 Sep to 24 Sep 2026 · Live one-minute prices · High 最高 ¥17.88 · Low 最低 ¥16.68 · −3.23% on the previous close of ¥17.64As of 25 Sep 2026 截至2026年9月25日
Xinfengming Group 新凤鸣 is a synthetic fibres company listed on the Shanghai Stock Exchange since 18 Apr 2017. It reported revenue of RMB71.56bn in 2025, up 6.7% from 2024, but attributable net profit fell 7.4% to RMB1.02bn. Net profit excluding non-recurring items declined 6.9%. Operating cash flow per share was RMB3.09 in 2025, well above net profit, with a cash flow to profit ratio of 4.63x. As of 30 Jun 2026, the company had a current ratio of 0.71 and liabilities to assets at 67.0%. In the first half of 2026, revenue rose 21.5% to RMB40.69bn and attributable net profit surged 103.2% to RMB1.44bn, though operating cash flow per share was negative at -RMB1.66. A critical filing in the past year was a pledge release by the actual controller. The stock has shown volatility, with four 9%+ moves in the last 12 months.
新凤鸣是一家于2017年4月18日在上海证券交易所上市的化学纤维公司。2025年营业收入为715.57亿元，同比增长6.7%；归属于母公司股东的净利润为10.18亿元，同比下降7.4%；扣除非经常性损益后的净利润同比下降6.9%。2025年每股经营现金流为3.09元，经营现金流与净利润之比达4.63倍。截至2026年6月30日，流动比率为0.71，资产负债率为67.0%。2026年上半年营业收入为406.91亿元，同比增长21.5%；归母净利润为14.39亿元，同比增长103.2%；每股经营现金流为-1.66元。过去12个月有一份重大公告，为实际控制人股份解除质押。过去一年内有4个交易日收盘涨跌幅达9%及以上，股价波动明显。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Current ratio below 1: current liabilities exceed current assets 流动比率低于1：流动负债超过流动资产 | Current liabilities exceed current assets. 流动负债超过流动资产。 | A current ratio below 1 at 0.71 indicates the company has fewer current assets than current liabilities, which may impair its ability to meet short-term obligations without additional financing or asset conversion. This could increase liquidity pressure, especially if receivables or inventory cannot be turned into cash quickly. 流动比率0.71，低于1，表明公司流动资产少于流动负债，若无额外融资或资产快速变现，可能影响其偿还短期债务的能力。若应收账款或存货无法及时变现，可能加大流动性压力。 |
- Next reported current ratio and whether it remains below 1.
下一报告期流动比率是否仍低于1。 - Operating cash flow per share for the period to 30 Jun 2026, to see if the outflow continues.
截至2026年6月30日的每股经营现金流，观察是否持续为流出。 - Attributable net profit for the full year 2026, to assess trend after the first-half surge.
2026全年归母净利润，评估上半年大幅增长后的全年趋势。 - Any new filings on share pledges or freezes involving the actual controller or largest shareholder.
实际控制人或第一大股东是否有新的股份质押或冻结公告。 - Receivable days and inventory days in the next filing, to assess working capital efficiency.
下一公告中的应收账款周转天数和存货周转天数，评估营运资本效率。 - Full-year 2026 revenue and attributable net profit, to confirm trend after first-half growth.
2026全年营业收入和归母净利润，确认上半年增长趋势是否持续。
- Company: Xinfengming Group 新凤鸣, Shanghai Stock Exchange 603225; industry Synthetic Fibres; listed 18 Apr 2017.
公司：新凤鸣，上海证券交易所 603225；行业：化学纤维；上市日期：2017年4月18日。 - Close on 24 Sep 2026 RMB17.07; close on 24 Sep 2025 RMB15.41, RMB15.26 in today's terms; one-year change, adjusted for distributions and share changes +11.8%.
2026年9月24日收盘价17.07元；2025年9月24日收盘价15.41元（前复权15.26元）；一年涨跌幅（复权）+11.8%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB14.83 to RMB22.19.
52周区间（前复权）14.83元至22.19元。 - In the last 12 months 4 trading days closed 9% or more above or below the day before (all days, not only this year). The 4 most recent of them: 26 Sep 2025 +9.4%; 6 Nov 2025 +10.0%; 9 Mar 2026 -9.4%; 12 Jun 2026 +10.0%. No two of the 4 fell on consecutive trading days.
近12个月共有4个交易日收盘涨跌幅达9%及以上（为全部交易日，不限于今年）。其中最近4个：2025年9月26日 +9.4%；2025年11月6日 +10.0%；2026年3月9日 -9.4%；2026年6月12日 +10.0%。其中任意两个交易日均不相邻。 - Market capitalisation RMB28.64bn; P/E TTM 16.4; price to book 1.31x.
总市值286.35亿元；市盈率（TTM）16.4；市净率1.31倍。 - Revenue 2025 RMB71.56bn; 2024 RMB67.09bn; change +6.7%.
营业收入2025年715.57亿元；2024年670.91亿元；同比+6.7%。 - Attributable net profit 2025 RMB1.02bn; 2024 RMB1.10bn; change -7.4%.
归属于母公司股东的净利润2025年10.18亿元；2024年11.00亿元；同比-7.4%。 - Net profit excluding non-recurring items, 2025 change -6.9%.
2025年扣除非经常性损益后的净利润同比-6.9%。 - Basic EPS 2025 RMB0.69; 2024 RMB0.73.
基本每股收益2025年0.69元；2024年0.73元。 - Operating cash flow per share 2025 RMB3.09; 2024 RMB4.45; operating cash flow to net profit 4.63x.
每股经营现金流2025年3.09元；2024年4.45元；经营现金流与净利润之比4.63倍。 - 2025 gross margin 5.3%; net margin 1.4%; ROE 5.8%.
2025年毛利率5.3%；净利率1.4%；净资产收益率5.8%。 - At 30 Jun 2026: liabilities to assets 67.0%; current ratio 0.71; quick ratio 0.43; receivable days 4; inventory days 39.
截至2026年6月30日：资产负债率67.0%；流动比率0.71；速动比率0.43；应收账款周转天数4；存货周转天数39。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB40.69bn, change +21.5%; attributable net profit RMB1.44bn, change +103.2%; operating cash flow per share -RMB1.66.
截至2026年6月30日的报告期（六个月，不可与上述全年数据直接比较）：营业收入406.91亿元，同比+21.5%；归母净利润14.39亿元，同比+103.2%；每股经营现金流-1.66元。 - Pre-announcement of 7 Jul 2026 for the period to 30 Jun 2026: attributable net profit change +95% to +112%.
2026年7月7日发布的截至2026年6月30日业绩预告：归母净利润同比+95%至+112%。 - In the 12 months to 25 Sep 2026: 1 distinct filing classed critical, high or as a lift; by class: 1 filing classed Pledge Released. One filing can fall in more than one class, and several filings can concern one matter, such as the notice and the result of one auction.
截至2026年9月25日的近12个月：被归为重大、较高级别或解除类的公告共1份；按类别：归为解除质押的公告1份。同一公告可属多个类别，同一事项亦可有多份公告，例如同一拍卖的提示公告与结果公告。 - 29 Jan 2026, Pledge Released (medium): filing titled 《关于实际控制人股份解除质押的公告》.
2026年1月29日，解除质押：公告《关于实际控制人股份解除质押的公告》。 - Ownership: controlling shareholder 新凤鸣控股集团有限公司; actual controller 庄奎龙,屈凤琪,庄耀中; largest holder at 30 Jun 2026: 庄奎龙, 20.12%.
股权：控股股东：新凤鸣控股集团有限公司；实际控制人：庄奎龙,屈凤琪,庄耀中；2026年6月30日第一大股东：庄奎龙，持股20.12%。 - Latest distribution: ex-date 24 Jun 2026, cash RMB0.20 per share.
最近一次分配：除权除息日2026年6月24日，每股现金0.20元。 - Aurelian Grade C, score 57.6 of 100, graded within a peer group of 27 companies in its industry; no rank among peers is given.
金源评级C，得分57.6（满分100），于行业同业27家中评定；未提供其在同业中的排名。 - Not held for this report: receivable ageing, litigation case amounts, the order book, the auditor's opinion and key audit matters, segment revenue.
本报告未掌握：应收账款账龄、诉讼案件金额、在手订单、审计意见及关键审计事项、分部收入。