Core Viewpoint - The company, Jialinjie (002486.SZ), reported a significant increase in revenue and net profit for the first half of 2025, indicating a positive financial performance trend compared to the previous year [1][3]. Financial Performance - The total operating revenue for the company reached 616 million yuan, an increase of 23.32 million yuan compared to the same period last year, representing a year-on-year growth of 3.93% [1]. - The net profit attributable to shareholders was 29.75 million yuan, an increase of 6.39 million yuan from the previous year, reflecting a year-on-year growth of 27.38% [1]. - The net cash inflow from operating activities was 62.58 million yuan, up by 60.56 million yuan year-on-year, marking a substantial increase of 3005.17% [1]. Profitability and Efficiency Ratios - The latest asset-liability ratio stood at 15.03%, ranking 6th among disclosed peers, with a decrease of 1.54 percentage points from the previous quarter and a decrease of 1.79 percentage points from the same period last year [3]. - The gross profit margin was reported at 22.10%, showing an increase of 0.52 percentage points from the previous quarter, achieving two consecutive quarters of growth [3]. - The return on equity (ROE) was 2.78%, ranking 28th among peers, with an increase of 0.57 percentage points year-on-year [3]. Earnings Per Share and Turnover Ratios - The diluted earnings per share were 0.04 yuan, an increase of 0.01 yuan compared to the same period last year, reflecting a year-on-year growth of 27.76% [4]. - The total asset turnover ratio was 0.49 times, ranking 7th among peers, with an increase of 0.01 times year-on-year, representing a growth of 3.00% [4]. - The inventory turnover ratio was reported at 1.89 times, ranking 12th among disclosed peers [4]. Shareholder Structure - The number of shareholders was 51,300, with the top ten shareholders holding a total of 236 million shares, accounting for 28.48% of the total share capital [5]. - The largest shareholder, Shanghai Guojun Investment Co., Ltd., holds 17.63% of the shares [5].

Core Insights - The company reported a total revenue of 616 million yuan for the first half of 2025, representing a year-on-year increase of 3.93% [1] - The net profit attributable to shareholders reached 29.75 million yuan, up 27.38% year-on-year [1] - The second quarter saw a decline in revenue to 346 million yuan, down 3.25% year-on-year, and a net profit of 20.22 million yuan, down 32.4% year-on-year [1] Financial Performance - Total revenue for 2024 was 593 million yuan, while for 2025 it increased to 616 million yuan, showing a growth of 3.93% [1] - Net profit attributable to shareholders rose from 23.35 million yuan in 2024 to 29.75 million yuan in 2025, marking a 27.38% increase [1] - The company's gross margin was 22.1%, a decrease of 1.09% compared to the previous year, while the net margin improved to 5.29%, an increase of 33.4% [1] - Total expenses (selling, administrative, and financial) amounted to 76.01 million yuan, accounting for 12.34% of revenue, down 7.37% year-on-year [1] Cash Flow and Assets - The company reported cash and cash equivalents of 293 million yuan, a 13.77% increase from 257 million yuan in 2024 [1] - Accounts receivable decreased significantly by 44.31%, from 240 million yuan to 134 million yuan [1] - The company’s earnings per share rose from 0.03 yuan to 0.04 yuan, reflecting a 27.76% increase [1] - Operating cash flow per share increased dramatically from 0 to 0.08 yuan, a rise of 3019.69% [1] Business Model and Historical Performance - The company's return on invested capital (ROIC) was 1.67%, indicating weak capital returns [3] - Historical data shows a median ROIC of 2.26% over the past decade, with two years of losses since its IPO, suggesting a fragile business model [3] - The company's performance relies heavily on research and marketing efforts, necessitating a thorough examination of these driving factors [3] - The accounts receivable to profit ratio reached 699.49%, highlighting a significant concern regarding receivables management [3]

格隆汇8月29日丨嘉麟杰(002486.SZ)公布2025年半年度报告，上半年公司实现营业收入6.16亿元，同比 增长3.93%；归属于上市公司股东的净利润2974.89万元，同比增长27.38%；归属于上市公司股东的扣除 非经常性损益的净利润2867.41万元，同比增长31.75%；基本每股收益0.0359元。 ...

Core Viewpoint - Shanghai Jialinjie Textile Co., Ltd. announced plans to engage in foreign exchange derivative trading to mitigate risks from foreign exchange rate fluctuations and enhance financial stability [1][3]. Group 1: Business Rationale - The company primarily operates in export, involving significant foreign currency transactions, which are subject to frequent fluctuations due to international political and economic uncertainties [1]. - The foreign exchange derivative trading is expected to effectively hedge against market risks and improve the efficiency of foreign currency fund utilization, thereby reducing financial costs [1][3]. Group 2: Trading Details - The total trading amount will not exceed 60 million USD (or equivalent foreign currency), with a maximum limit for transaction margin and premiums set at 1 million USD (or equivalent foreign currency) [1][2]. - The trading will include various instruments such as forward contracts, options, currency swaps, and dual currency deposits, with transactions conducted using the company's own funds [2]. Group 3: Governance and Risk Management - The board of directors approved the foreign exchange derivative trading proposal without requiring shareholder approval, granting management the authority to make decisions within the set limits [2]. - The company has established an internal management system for foreign exchange-related activities to mitigate risks, including market, liquidity, performance, and legal risks [2].

Core Viewpoint - The company reported a revenue of 616 million yuan for the first half of 2025, reflecting a year-on-year growth of 3.93% [1] - The net profit attributable to shareholders reached 29.75 million yuan, showing a year-on-year increase of 27.38% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 28.67 million yuan, marking a year-on-year growth of 31.75% [1] - The basic earnings per share stood at 0.0359 yuan [1] Financial Performance - Revenue: 616 million yuan, up 3.93% year-on-year [1] - Net Profit: 29.75 million yuan, up 27.38% year-on-year [1] - Adjusted Net Profit: 28.67 million yuan, up 31.75% year-on-year [1] - Basic Earnings per Share: 0.0359 yuan [1]

Financial Performance - In the first half of 2025, the company achieved operating revenue of 616 million yuan, a year-on-year increase of 3.93% [1] - The net profit attributable to shareholders was 29.7489 million yuan, reflecting a year-on-year growth of 27.38% [1] - The net cash flow from operating activities reached 62.5789 million yuan, showing a significant year-on-year increase of 3005.17% [1] Research and Development - The company places a strong emphasis on product research and development, continuously investing in advanced equipment and R&D to enhance product value and competitiveness [1] - During the reporting period, the company intensified R&D efforts on new wool and polyester products, increasing the number of R&D projects [1] - As of the end of the reporting period, the company had obtained a total of 129 authorized patents, including 67 invention patents and 62 utility model patents [1] Client Resources and Strategy - The company collaborates with major clients such as ICEBREAKER, POLARTEC, UNIQLO, and Kathmandu, which are globally recognized brands [1] - The strategy of working with large clients accelerates new product development, shortens R&D cycles, and enhances order quality, production efficiency, and on-time delivery rates [1] - This approach also improves customer service focus and satisfaction, maintaining client stability [1] Digital Transformation - The company has implemented smart formulation and smart shaping systems in its workshops, achieving full-process control in fabric R&D and establishing a big data system for formulations [2] - Future advancements in digital twin technology, generative AI, and smart logistics are expected to further solidify the company's leading position in the global high-end fabric sector [2] Industry Position - The company is recognized as a pioneer in the domestic outdoor sports functional fabric sector, with a primary focus on self-developed knitted fabric series, including plush fabrics, weft-knitted wool fabrics, and functional sports fabrics [2]

市值管理制度 第一章 总 则 第一条 为加强上海嘉麟杰纺织品股份有限公司（以下简称"公司"）市值 管理工作，进一步规范公司的市值管理行为，切实推动公司投资价值提升，增强 投资者回报，维护公司、投资者及其他利益相关者的合法权益，根据《中华人民 共和国公司法》《中华人民共和国证券法》《上市公司信息披露管理办法》《上 市公司监管指引第 10 号——市值管理》等法律法规、规范性文件和《公司章程》 的规定，结合公司实际情况，制定本制度。 第二条 本制度所指市值管理，是指公司以提高公司质量为基础，为提升公 司投资价值和股东回报能力而实施的战略管理行为。 第三条 公司应当牢固树立回报股东意识，采取措施保护投资者尤其是中小 投资者利益；公司应当规范运作、稳健经营，推动经营水平和发展质量提升。不 断加强投资者关系管理，增强信息披露质量和透明度，推动公司投资价值合理反 映公司质量。 第二章 市值管理的基本原则 第四条 市值管理主要目的是通过合规的信息披露，增强公司透明度，引导 公司的市值与内在价值趋同；同时，利用资本运作、权益管理、信息披露、投资 者关系管理等手段，使公司价值得以充分体现，获得长期的资本市场支持，从而 达到公司整 ...

上海嘉麟杰纺织品股份有限公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 编制单位：上海嘉麟杰纺织品股份有限公司 单位：万元 | 控制人及其附属企 | | | | | | | | | | 非经营性占用 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 业 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 其他关联方及其附 | | | | | | | | | | 非经营性占用 | | 属企业 | | | | | | | | | | 非经营性占用 | | 小计 | | | | | | | | | | | | 总计 | | | | 0.00 | 0.00 2025 年 | 0.00 | 0.00 2025 | 0.00 | | | | | | 往来方与上 | 上市公司 | 2025年 | 度往来 | 2025 年度往 | 年度 | 2025 年 | 往来 | 往来性质（经 | | | 资金往来方 | | | 期初往 | 累计发 | | 偿还 | 期末往 ...

上海嘉麟杰纺织品股份有限公司 2025 年半年度财务报告 上海嘉麟杰纺织品股份有限公司 2025 年半年度财务报告 2025 年 8 月 1 上海嘉麟杰纺织品股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：上海嘉麟杰纺织品股份有限公司 2025 年 06 月 30 日 单位：元 法定代表人：王仓 主管会计工作负责人：崔东京 会计机构负责人：崔东京 2、母公司资产负债表 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 292,627,240.30 | 280,706,354.51 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | | 9,210,686.62 | | 应收账款 | 133,707,311.80 | 138,964,135.34 | | 应收款项融资 | 2,291,857.20 | | | ...

证券代码：002486 证券简称：嘉麟杰 公告编号：2025-043 上海嘉麟杰纺织品股份有限公司 关于开展外汇衍生品交易业务的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1、上海嘉麟杰纺织品股份有限公司（以下简称"公司"）日常生产经营以 出口为主，会涉及大量外币业务，为减少外汇汇率波动带来的风险，降低汇率波 动对公司经营业绩的影响，增强公司财务稳健性，公司及子公司拟开展外汇衍生 品交易业务，预计动用的交易保证金和权利金上限（包括为交易而提供的担保物 价值、预计占用的金融机构授信额度、为应急措施所预留的保证金等）不超过 100 万美元（或等值外币）。上述额度有效期自董事会审议通过之日起 12 个月 内可循环滚动使用，期限内任一时点的交易金额（含前述交易的收益进行再交易 的相关金额）将不超过已审议额度。交易品种包括但不限于远期宝（远期结售汇）、 单一买/卖权、比例远期、加强型远期、DCR（双货币存款）、CCS（货币掉期） 和双币种远期业务等。 2、公司于 2025 年 8 月 29 日召开第六届董事会第十五次会议，审议通过了 《关于开展 ...