Catarc Automotive Proving Ground 中汽股份
22 significant filings since 30 May 2026: 17 on share issue, 4 on new listing and 1 on major contract or bid won. The latest, on 22 Aug 2026: 关于全资子公司与关联方签署相关采购合同暨关联交易的公告.
自 30 May 2026 起有 22 份重大公告：share issue 17 份、new listing 4 份、major contract or bid won 1 份。最新一份（22 Aug 2026）：关于全资子公司与关联方签署相关采购合同暨关联交易的公告。
As of 25 Sep 2026 截至2026年9月25日
Catarc Automotive Proving Ground is an automotive services company listed on the Shenzhen Stock Exchange since 8 Mar 2022. The company reported revenue of RMB577.8m in 2025, up 11.7% from RMB517.1m in 2024, with attributable net profit rising 21.8% to RMB212.7m. Profit quality is supported by operating cash flow of RMB0.23 per share, exceeding net profit, at a ratio of 1.41x. Gross margin was 63.7% and net margin 36.8% in 2025. As of 30 Jun 2026, the balance sheet shows a healthy liabilities to assets ratio of 38.8% and strong liquidity with a current ratio of 4.76. In the first half of 2026, revenue reached RMB328.5m, up 15.3%, and net profit rose 35.3% to RMB131.0m. The share price declined 21.5% over one year, and two large daily price drops occurred in the past 12 months. A pledge release by a major shareholder was reported. Receivable ageing, litigation case amounts, the order book, the auditor's opinion and key audit matters, and segment revenue are not shown.
中汽股份是一家汽车服务公司，于2022年3月8日在深圳证券交易所上市。公司2025年营业收入为5.78亿元，较2024年的5.17亿元同比增长11.7%；归母净利润为2.13亿元，同比增长21.8%。每股经营现金流为0.23元，经营现金流与净利润之比为1.41倍，显示盈利质量良好。2025年毛利率为63.7%，净利率为36.8%，净资产收益率为7.2%。截至2026年6月30日，资产负债率为38.8%，流动比率和速动比率均为4.76，流动性充裕。2026年上半年营业收入为3.28亿元，同比增长15.3%；归母净利润为1.31亿元，同比增长35.3%。过去一年股价下跌21.5%，近12个月有2个交易日出现单日涨跌幅超9%。持股5%以上股东部分股权解除质押。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、分部收入未列示。
- Next reported receivable days, to see if collection efficiency holds above current level of 163 days
下一次披露的应收账款周转天数，观察回款效率是否维持在163天以上 - Change in attributable net profit for the full year 2026, to assess if profit growth continues beyond H1 2026's +35.3%
2026全年归母净利润变动情况，评估利润增长是否延续上半年35.3%的势头 - Operating cash flow per share in 2026, to confirm cash generation remains ahead of net profit
2026年每股经营现金流，确认现金流生成能力是否持续高于净利润 - Any new filings on share pledges or auctions involving major shareholders
关于大股东股份质押或拍卖的新公告 - Next disclosure of shareholder structure, to confirm controlling shareholder remains 中国汽车技术研究中心有限公司 with stable holding
下一次股东结构披露，确认控股股东中国汽车技术研究中心有限公司持股是否稳定 - Revenue growth in H2 2026 compared to H2 2025, to assess momentum beyond H1's +15.3%
2026年下半年收入增长与2025年同期相比，评估是否延续上半年15.3%的增长势头
- Company: Catarc Automotive Proving Ground 中汽股份, Shenzhen Stock Exchange 301215; industry Automotive Services; listed 8 Mar 2022.
公司：中汽股份，深圳证券交易所 301215；行业：汽车服务；上市日期：2022年3月8日。 - Close on 24 Sep 2026 RMB5.29; close on 24 Sep 2025 RMB6.85, RMB6.74 in today's terms; one-year change, adjusted for distributions and share changes -21.5%.
2026年9月24日收盘价5.29元；2025年9月24日收盘价6.85元（前复权6.74元）；一年涨跌幅（复权）-21.5%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB5.00 to RMB7.67.
52周区间（前复权）5.00元至7.67元。 - In the last 12 months 2 trading days closed 9% or more above or below the day before (all days, not only this year). The 2 most recent of them: 19 Sep 2025 -11.8%; 11 Jun 2026 -9.9%. No two of the 2 fell on consecutive trading days.
近12个月共有2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2个：2025年9月19日 -11.8%；2026年6月11日 -9.9%。其中任意两个交易日均不相邻。 - Market capitalisation RMB7.00bn; P/E TTM 28.4; price to book 2.36x.
总市值70.03亿元；市盈率（TTM）28.4；市净率2.36倍。 - Revenue 2025 RMB577.8m; 2024 RMB517.1m; change +11.7%.
营业收入2025年5.78亿元；2024年5.17亿元；同比+11.7%。 - Attributable net profit 2025 RMB212.7m; 2024 RMB174.6m; change +21.8%.
归属于母公司股东的净利润2025年2.13亿元；2024年1.75亿元；同比+21.8%。 - Net profit excluding non-recurring items, 2025 change +22.0%.
2025年扣除非经常性损益后的净利润同比+22.0%。 - Basic EPS 2025 RMB0.16; 2024 RMB0.13.
基本每股收益2025年0.16元；2024年0.13元。 - Operating cash flow per share 2025 RMB0.23; 2024 RMB0.19; operating cash flow to net profit 1.41x.
每股经营现金流2025年0.23元；2024年0.19元；经营现金流与净利润之比1.41倍。 - 2025 gross margin 63.7%; net margin 36.8%; ROE 7.2%.
2025年毛利率63.7%；净利率36.8%；净资产收益率7.2%。 - At 30 Jun 2026: liabilities to assets 38.8%; current ratio 4.76; quick ratio 4.76; receivable days 163; inventory days 2.
截至2026年6月30日：资产负债率38.8%；流动比率4.76；速动比率4.76；应收账款周转天数163；存货周转天数2。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB328.5m, change +15.3%; attributable net profit RMB131.0m, change +35.3%; operating cash flow per share RMB0.06.
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3.28亿元，同比+15.3%；归母净利润1.31亿元，同比+35.3%；每股经营现金流0.06元。 - 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。 - 25 Mar 2026, Pledge Released (medium): filing titled 《关于持股5%以上股东部分股权解除质押的公告》.
2026年3月25日，解除质押：公告《关于持股5%以上股东部分股权解除质押的公告》。 - Ownership: actual controller 国务院国有资产监督管理委员会; controlling shareholder 中国汽车技术研究中心有限公司; largest holder at 30 Jun 2026: 中国汽车技术研究中心有限公司, 41.92%.
股权：实际控制人：国务院国有资产监督管理委员会；控股股东：中国汽车技术研究中心有限公司；2026年6月30日第一大股东：中国汽车技术研究中心有限公司，持股41.92%。 - Latest distribution: ex-date 1 Jun 2026, cash RMB0.06 per share.
最近一次分配：除权除息日2026年6月1日，每股现金0.06元。 - Aurelian Grade B, score 76.9 of 100, graded within a peer group of 8 companies in its industry; no rank among peers is given.
金源评级B，得分76.9（满分100），于行业同业8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。