ST朗源股份有限公司发布2025年度拟不进行利润分配公告
公告主要内容与关键点
- 利润分配方案：朗源股份有限公司（证券代码：300175，证券简称：ST朗源）董事会审议决定，2025年度不派发现金股利、不送红股，也不以资本公积金转增股本。
- 财务表现：2025年度公司合并报表实现归属于上市公司股东的净利润为-14,971,019.83元，母公司净利润为-61,716,026.74元。公司累计未分配利润持续为负值，合并报表未分配利润为-124,572,426.62元，母公司未分配利润为-115,986,475.49元。
- 连续亏损：公司最近三年均未进行现金分红，净利润连续为负：2023年-53,625,494.75元，2024年-36,442,150.18元，2025年-14,971,019.83元。
- 未触及其他风险警示：公司未分配利润为负，但不触及深圳证券交易所创业板股票上市规则第9.4条第（八）项所规定的可能被实施其他风险警示的情形。
- 研发投入为零：公司2023至2025年度均未进行研发投入，研发投入占营业收入比例为0%。
- 营业收入增长：2025年度营业收入为291,700,661.25元，较2024年和2023年有所增长。
- 董事会意见：董事会认为公司2025年度业绩亏损且累计未分配利润为负，不满足现金分红条件，决定不进行利润分配以保障公司持续、稳定、健康发展，维护全体股东长远利益。
- 下一步流程：该利润分配预案尚需提交公司2025年年度股东会审议。
对股东及投资者的重要影响
- 持续亏损可能影响股价：公司连续多年亏损，且未分配利润为负，未进行任何分红、回购或研发投入，表明公司经营状况不佳，可能对投资者信心与股价造成压力。
- 未实施风险警示：虽然公司财务状况较差，但暂未触及创业板相关风险警示条款，市场不会因此出现特殊风险提示。
- 现金流及未来发展：公司董事会强调保障公司正常生产经营和未来发展，但2025年度仍无分红，投资者需关注公司后续经营改善与年度股东大会决议。
- 信息透明披露：公司对利润分配决策进行了详细披露，并保证信息内容真实、准确、完整。
投资者需关注事项
- 公司已连续三年亏损且未分配利润为负，分红及回购均为零，缺乏研发投入。
- 2025年度利润分配预案尚需股东会审议，未来若经营状况未改善，股东可能面临资本持续缩水风险。
- 公司未触及创业板风险警示，但继续亏损将影响估值及投资者信心。
免责声明
本报告仅为信息披露之目的，内容不构成任何投资建议。投资者需结合自身情况及市场风险谨慎决策。
English Version
ST Langyuan Co., Ltd. Announces No Profit Distribution Plan for 2025
Key Points & Highlights
- Profit Distribution Plan: ST Langyuan (Stock Code: 300175) board has decided not to pay cash dividends, issue bonus shares, or convert capital reserves into share capital for 2025.
- Financial Performance: The company posted a net loss attributable to shareholders of RMB -14,971,019.83 for 2025, with parent company net loss at RMB -61,716,026.74. Cumulative undistributed profits remain negative: consolidated RMB -124,572,426.62; parent company RMB -115,986,475.49.
- Continuous Losses: No cash dividends have been distributed in the past three years; net profits are negative for 2023 (-53.62M RMB), 2024 (-36.44M RMB), and 2025 (-14.97M RMB).
- No Risk Warning Triggered: Negative undistributed profits do not trigger Shenzhen Stock Exchange ChiNext Board Rule 9.4(8) risk warning conditions.
- No R&D Investment: The company had zero R&D investment from 2023 to 2025, with R&D as a percentage of revenue at 0%.
- Revenue Growth: 2025 revenue reached RMB 291,700,661.25, up from previous years.
- Board Explanation: The board states the company does not meet dividend conditions due to losses and negative undistributed profits, and prioritizes stable, healthy development and shareholder long-term interests.
- Next Steps: The profit distribution plan will require approval at the 2025 Annual General Meeting.
Implications for Investors & Shareholders
- Continuous Losses May Pressure Share Price: Ongoing losses, negative undistributed profits, lack of dividends, buybacks, and R&D suggest poor business performance, potentially impacting investor confidence and share price.
- No Risk Warning: The company’s financial situation does not currently trigger ChiNext Board risk warnings.
- Cash Flow & Future Prospects: The board emphasizes maintaining normal operations and future development, but no dividend for 2025; investors should monitor future operational improvements and AGM outcomes.
- Transparent Disclosure: The company guarantees true, accurate, and complete disclosure of information.
Investor Focus
- The company has posted losses and negative undistributed profits for three consecutive years, with zero dividends, buybacks, and R&D investment.
- The 2025 profit distribution plan is pending shareholder approval; continued poor performance may lead to capital erosion risk for shareholders.
- No risk warning has been triggered, but ongoing losses may affect valuation and investor sentiment.
Disclaimer
This report is for informational purposes only and does not constitute investment advice. Investors should make decisions carefully, considering their own circumstances and market risks.
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