Hangzhou Yitong New Materials 屹通新材
One significant filing since 1 Jun 2026, on acquisition or disposal (3 Jun 2026): 关于以公开摘牌方式受让杭州湖塘配售电有限公司50%股权的进展公告.
自 1 Jun 2026 起有一份重大公告（acquisition or disposal，3 Jun 2026）：关于以公开摘牌方式受让杭州湖塘配售电有限公司50%股权的进展公告。
Price History 价格走势
125 trading days 个交易日 · High 最高 ¥39.86 · Low 最低 ¥21.21As of 25 Sep 2026 截至2026年9月25日
Hangzhou Yitong New Materials 屹通新材, listed in 2021, operates in the Advanced Metal Materials industry. The company reported revenue growth of 54.6% in 2025 to RMB777.1m, with attributable net profit rising 10.5% to RMB56.3m. Profit margins and returns remain modest, with a 2025 net margin of 7.2% and ROE of 6.2%. Despite profitability, operating cash flow per share was negative at -RMB0.86 in 2025, and the current ratio stood at 0.90 as of 30 Jun 2026, indicating current liabilities exceed current assets. The stock has declined 17.6% over one year, and the P/E ratio is high at 41.8. The controlling shareholder is 汪志荣, who held 57.28% as of mid-2026.
屹通新材于2021年上市，属于金属新材料行业。2025年营业收入达7.77亿元，同比增长54.6%；归母净利润为5,631.8万元，同比增长10.5%。2025年净利率为7.2%，净资产收益率为6.2%，盈利水平较为有限。尽管盈利，2025年每股经营现金流为-0.86元，截至2026年6月30日流动比率为0.90，显示流动负债超过流动资产。过去一年股价下跌17.6%，市盈率（TTM）达41.8倍，处于较高水平。控股股东为汪志荣，2026年6月30日持股57.28%。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Operating cash outflow 经营现金净流出 | The company has an operating cash outflow. 公司存在经营现金流净流出。 | Negative operating cash flow per share at -RMB0.86 in 2025 indicates the company generated less cash than it consumed from operations. This weakens liquidity and may require reliance on financing or asset sales to meet obligations. 2025年每股经营现金流为-0.86元，表明公司经营活动产生的现金少于消耗。这会削弱流动性，可能需依赖融资或资产变现来偿付债务。 |
| 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。 | The current ratio is below 1, at 0.90 as of 30 Jun 2026, meaning current liabilities exceed current assets. This raises short-term solvency concerns, as the company may struggle to meet near-term obligations without additional funding or asset conversion. 截至2026年6月30日流动比率为0.90，低于1，表明流动负债超过流动资产。这带来短期偿债压力，若无新增融资或资产变现，公司可能难以履行即将到期的债务。 |
- Change in operating cash flow per share for the full year 2026.
2026全年每股经营现金流的变化。 - Current ratio as of 31 Dec 2026.
截至2026年12月31日的流动比率。 - Revenue growth rate for the full year 2026 compared to 2025.
2026全年营业收入增长率与2025年相比。 - Attributable net profit for the full year 2026.
2026全年归母净利润。 - Liabilities to assets ratio at year-end 2026.
2026年末资产负债率。 - Any update on shareholder pledge or freeze status.
股东股份质押或冻结情况的更新。
- Company: Hangzhou Yitong New Materials 屹通新材, Shenzhen Stock Exchange 300930; industry Advanced Metal Materials; listed 21 Jan 2021.
公司：屹通新材，深圳证券交易所 300930；行业：金属新材料；上市日期：2021年1月21日。 - Close on 24 Sep 2026 RMB25.67; close on 24 Sep 2025 RMB31.24, RMB31.15 in today's terms; one-year change, adjusted for distributions and share changes -17.6%.
2026年9月24日收盘价25.67元；2025年9月24日收盘价31.24元（前复权31.15元）；一年涨跌幅（复权）-17.6%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB21.21 to RMB39.86.
52周区间（前复权）21.21元至39.86元。 - In the last 12 months 1 trading days closed 9% or more above or below the day before (all days, not only this year). The 1 most recent of them: 25 Jun 2026 -9.1%.
近12个月共有1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1个：2026年6月25日 -9.1%。 - Market capitalisation RMB2.57bn; P/E TTM 41.8; price to book 2.70x.
总市值25.67亿元；市盈率（TTM）41.8；市净率2.70倍。 - Revenue 2025 RMB777.1m; 2024 RMB502.5m; change +54.6%.
营业收入2025年7.77亿元；2024年5.02亿元；同比+54.6%。 - Attributable net profit 2025 RMB56.3m; 2024 RMB50.9m; change +10.5%.
归属于母公司股东的净利润2025年5,631.8万元；2024年5,094.6万元；同比+10.5%。 - Net profit excluding non-recurring items, 2025 change +8.6%.
2025年扣除非经常性损益后的净利润同比+8.6%。 - Basic EPS 2025 RMB0.56; 2024 RMB0.51.
基本每股收益2025年0.56元；2024年0.51元。 - Operating cash flow per share 2025 -RMB0.86; 2024 -RMB2.02; operating cash flow to net profit -1.52x.
每股经营现金流2025年-0.86元；2024年-2.02元；经营现金流与净利润之比-1.52倍。 - 2025 gross margin 16.9%; net margin 7.2%; ROE 6.2%.
2025年毛利率16.9%；净利率7.2%；净资产收益率6.2%。 - At 30 Jun 2026: liabilities to assets 44.9%; current ratio 0.90; quick ratio 0.53; receivable days 57; inventory days 104.
截至2026年6月30日：资产负债率44.9%；流动比率0.90；速动比率0.53；应收账款周转天数57；存货周转天数104。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB511.9m, change +62.0%; attributable net profit RMB32.3m, change +18.6%; operating cash flow per share -RMB0.30.
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5.12亿元，同比+62.0%；归母净利润3,231.4万元，同比+18.6%；每股经营现金流-0.30元。 - Ownership: actual controller 汪志荣,汪志春; controlling shareholder 汪志荣; largest holder at 30 Jun 2026: 汪志荣, 57.28%.
股权：实际控制人：汪志荣,汪志春；控股股东：汪志荣；2026年6月30日第一大股东：汪志荣，持股57.28%。 - Latest distribution: ex-date 3 Jun 2026, cash RMB0.10 per share.
最近一次分配：除权除息日2026年6月3日，每股现金0.10元。 - Aurelian Grade D, score 44.6 of 100, graded within a peer group of 36 companies in its industry; no rank among peers is given.
金源评级D，得分44.6（满分100），于行业同业36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。