Anhui ZhongDianXinLong Science and Technology 中电鑫龙
2 significant filings since 31 May 2026: 1 on major holder selling and 1 on earnings pre-announcement. The latest, on 25 Aug 2026: 关于董事减持股份预披露的公告. On 15 Jul 2026 the company said it expects net profit for the period ending 30 Jun 2026 to rise by 104.79% to 180.24% from the same period a year earlier.
自 31 May 2026 起有 2 份重大公告：major holder selling 1 份、earnings pre-announcement 1 份。最新一份（25 Aug 2026）：关于董事减持股份预披露的公告。15 Jul 2026 公司预告截至 30 Jun 2026 的净利润较上年同期上升 104.79% 至 180.24%。
As of 25 Sep 2026 截至2026年9月25日
Anhui ZhongDianXinLong Science and Technology, listed in 2009, operates in the grid equipment industry. The company reported a narrower loss in 2025, with attributable net profit improving to -RMB423.2m from -RMB1.55bn in 2024. Revenue declined to RMB1.80bn from RMB1.95bn. In the period to 30 Jun 2026, net profit was RMB43.7m, up 135.3% from the same period a year earlier. Operating cash flow per share rose slightly to RMB0.12 in 2025. However, receivables remain high, taking 208 days to collect, which may strain liquidity. The stock has fallen 31.7% over one year, and the P/E is not meaningful due to past losses. The actual controller is 瞿洪桂, who also holds 9.67% as the largest shareholder.
中电鑫龙于2009年上市，属于电网设备行业。2025年归母净利润亏损收窄至-4.23亿元，较2024年的-15.49亿元改善；营业收入从19.53亿元降至17.95亿元。2026年上半年实现归母净利润4,366.2万元，同比上升135.3%。2025年每股经营现金流微升至0.12元。但应收账款周转天数达208天，可能影响流动性。过去一年股价下跌31.7%，因亏损市盈率不适用。实际控制人瞿洪桂为第一大股东，持股9.67%。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Attributable net loss in 2025; a profit in the period to 30 Jun 2026, +135.3% on the same period a year earlier 2025年归母净利润亏损；截至2026年6月30日的报告期盈利，较上年同期+135.3% | The company reported a net loss in 2025 despite a profit in the first half of 2026. 公司2025年仍为净亏损，尽管2026年上半年已实现盈利。 | A full-year loss in 2025 indicates persistent financial pressure, even though recent performance improved. The turnaround may not be sustained if underlying operations do not stabilize. 2025年全年亏损显示持续财务压力，尽管近期业绩改善。若基本面未稳固，盈利回升可能难以持续。 |
| Receivables take over 180 days to collect 应收账款周转天数超过180天 | Receivables take over 180 days to collect. 应收账款周转天数超过180天。 | At 208 days, receivables tie up working capital, delaying cash availability and increasing credit risk. This may affect liquidity and operational flexibility. 应收账款周转天数达208天，占用营运资金，延迟现金回笼，增加信用风险，可能影响流动性和运营灵活性。 |
- Whether the full-year 2026 net profit remains positive compared to 2025's loss.
2026年全年净利润是否较2025年亏损后转为盈利。 - Change in receivable days in the next report after 30 Jun 2026.
2026年6月30日后下一期报告中应收账款周转天数的变化。 - Operating cash flow per share trend in the 2026 full-year report.
2026年全年报告中每股经营现金流的趋势。 - Revenue change in the second half of 2026 compared to the first half.
2026年下半年收入变动与上半年的比较。 - Confirmation of the pre-announced profit growth range of +105% to +180% for H1 2026.
2026年上半年归母净利润预增105%至180%的预告是否得到确认。 - Any change in the largest shareholder's stake above or below 9.67%.
第一大股东持股比例是否高于或低于9.67%。
- Company: Anhui ZhongDianXinLong Science and Technology 中电鑫龙, Shenzhen Stock Exchange 002298; industry Grid Equipment; listed 29 Sep 2009.
公司：中电鑫龙，深圳证券交易所 002298；行业：电网设备；上市日期：2009年9月29日。 - Close on 24 Sep 2026 RMB8.56; close on 24 Sep 2025 RMB12.54; one-year change -31.7%.
2026年9月24日收盘价8.56元；2025年9月24日收盘价12.54元；一年涨跌幅-31.7%。 - 52-week range RMB6.65 to RMB14.01.
52周区间6.65元至14.01元。 - In the last 12 months 15 trading days closed 9% or more above or below the day before (all days, not only this year). The 5 most recent of them: 23 Jul 2026 +10.0%; 24 Jul 2026 +10.1%; 29 Jul 2026 +10.0%; 10 Aug 2026 +10.0%; 18 Sep 2026 +10.0%. The longest run of them on consecutive trading days: 2 days.
近12个月共有15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5个：2026年7月23日 +10.0%；2026年7月24日 +10.1%；2026年7月29日 +10.0%；2026年8月10日 +10.0%；2026年9月18日 +10.0%。其中最长连续2个交易日。 - Market capitalisation RMB6.33bn; P/E TTM not meaningful (loss-making); price to book 3.39x.
总市值63.35亿元；市盈率（TTM）不适用（亏损）；市净率3.39倍。 - Revenue 2025 RMB1.80bn; 2024 RMB1.95bn; change -8.1%.
营业收入2025年17.95亿元；2024年19.53亿元；同比-8.1%。 - Attributable net profit 2025 -RMB423.2m; 2024 -RMB1.55bn; change +72.7% (the loss narrowed).
归属于母公司股东的净利润2025年-4.23亿元；2024年-15.49亿元；同比+72.7%（亏损收窄）。 - Net profit excluding non-recurring items, 2025 change +54.4%.
2025年扣除非经常性损益后的净利润同比+54.4%。 - Basic EPS 2025 -RMB0.57; 2024 -RMB2.16.
基本每股收益2025年-0.57元；2024年-2.16元。 - Operating cash flow per share 2025 RMB0.12; 2024 RMB0.11.
每股经营现金流2025年0.12元；2024年0.11元。 - 2025 gross margin 23.3%; net margin -21.3%; ROE -22.7%.
2025年毛利率23.3%；净利率-21.3%；净资产收益率-22.7%。 - At 30 Jun 2026: liabilities to assets 50.4%; current ratio 1.62; quick ratio 1.39; receivable days 208; inventory days 290.
截至2026年6月30日：资产负债率50.4%；流动比率1.62；速动比率1.39；应收账款周转天数208；存货周转天数290。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB808.2m, change -15.9%; attributable net profit RMB43.7m, change +135.3%; operating cash flow per share -RMB0.09.
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8.08亿元，同比-15.9%；归母净利润4,366.2万元，同比+135.3%；每股经营现金流-0.09元。 - Pre-announcement of 15 Jul 2026 for the period to 30 Jun 2026: attributable net profit change +105% to +180%.
2026年7月15日发布的截至2026年6月30日业绩预告：归母净利润同比+105%至+180%。 - Ownership: actual controller 瞿洪桂; largest holder at 30 Jun 2026: 瞿洪桂, 9.67%.
股权：实际控制人：瞿洪桂；2026年6月30日第一大股东：瞿洪桂，持股9.67%。 - No distribution is held in this database, which begins on 1 Jan 2026; earlier distributions are not shown.
本数据库自2026年1月1日起记录，其中无该公司的分配记录；此前的分配未予显示。 - Aurelian Grade D, score 44.2 of 100, graded within a peer group of 143 companies in its industry; no rank among peers is given.
金源评级D，得分44.2（满分100），于行业同业143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。