Core Viewpoint - Jierong Technology (002855) reported a significant increase in revenue but continued to face substantial losses in its latest financial results, indicating challenges in profitability despite revenue growth [1] Financial Performance Summary - Total revenue for the first half of 2025 reached 812 million yuan, a year-on-year increase of 45.96% compared to 557 million yuan in 2024 [1] - The net profit attributable to shareholders was -197 million yuan, reflecting a decline of 55.52% from -127 million yuan in the previous year [1] - The gross profit margin decreased to 3.9%, down 61.27% from 10.08% in the previous year [1] - The net profit margin was -24.73%, a slight deterioration of 3.4% from -23.91% [1] - Total expenses (selling, administrative, and financial) amounted to 113 million yuan, accounting for 13.86% of revenue, a decrease of 34.92% year-on-year [1] - Earnings per share were -0.8 yuan, down 55.52% from -0.51 yuan [1] - Operating cash flow per share improved to 0.4 yuan, a significant increase of 188.84% from -0.46 yuan [1] Debt and Cash Flow Analysis - The company’s cash flow situation is concerning, with cash and cash equivalents to current liabilities ratio at 14.49% and a negative average operating cash flow to current liabilities ratio of -0.26% over the past three years [4] - The interest-bearing debt ratio reached 21.61%, indicating a high level of debt relative to assets [4] - Historical data shows that the company has experienced negative net cash flow from operating activities over the past three years [4] Investment Return Evaluation - The company's historical return on invested capital (ROIC) has been low, with a median of 4.64% since its listing, and a particularly poor ROIC of -23.5% in 2024 [3] - The company has reported losses in four out of its seven annual reports since going public, suggesting a lack of consistent profitability [3]

Group 1 - The company reported a revenue of 812 million yuan for the first half of 2025, representing a year-on-year growth of 45.96% [1] - The net loss attributable to shareholders of the listed company was 197 million yuan, with a net loss of 203 million yuan after deducting non-recurring gains and losses [1] - The basic loss per share was 0.8 yuan [1]

Group 1 - The core viewpoint of the article highlights that Jie Rong Technology (SZ 002855) held its 19th board meeting on August 26, 2025, to discuss the revision of the "Board Meeting Rules" [1] - For the first half of 2025, Jie Rong Technology's revenue composition was entirely from the manufacturing of computers, communications, and other equipment, accounting for 100.0% [1] - As of the report, Jie Rong Technology has a market capitalization of 5 billion yuan [1] Group 2 - The article mentions a significant growth opportunity in the pet industry, which is projected to reach a market size of 300 billion yuan, leading to a surge in stock prices for related companies [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Jie Rong Technology, which reported a significant increase in revenue but continued to face net losses in the first half of 2025 [1] - Jie Rong Technology's revenue for the first half of 2025 was approximately 812 million yuan, representing a year-on-year increase of 45.96% compared to 557 million yuan in the same period of 2024 [1] - The company reported a net loss attributable to shareholders of approximately 197 million yuan in the first half of 2025, compared to a net loss of about 127 million yuan in the same period of 2024 [1] Group 2 - The basic earnings per share for Jie Rong Technology in the first half of 2025 was a loss of 0.8 yuan, compared to a loss of 0.5144 yuan per share in the first half of 2024 [1] - As of the report date, Jie Rong Technology had a market capitalization of 5 billion yuan [1] - The article also mentions a booming pet industry market valued at 300 billion yuan, indicating potential growth opportunities for companies in this sector [1]

| 纯细的位,在学排宋文介汉》 | (哈桂細萍朋外,金额里位均为人民印元) | | | --- | --- | --- | | | 2025年半年度 | 2024年半年度 | | 营业总收入 | 664,074,551.62 | 443.025,456.77 420,995,307.57 | | 营业成本 | 673,721,962.20 | | | off: | 2,536,286.65 | 2,046,146.85 | | 税金及附加 | 7.257.651.02 | 7,960,666.69 | | 销售费用 | 38,149,212.62 | 31,173,068.67 | | 管理费用 | | 23.995,009.36 | | 研发费用 | 22,526,800.80 | | | | 4.170,457.63 | 2,747,585.38 | | 财务费用 | 4,646,385.58 | 5,998,481.03 | | 其中:利息费用 | 28,945.60. | 115,709.57 | | 利息收入 | | 6,255.36 | | 加: 其他收益 | 1,875,446.68 | | | ...

| 非经营性资金 | 资金占用方名称 | 占用方与上市公司的 | 上市公 司核算 | 2025 年初占用资 | 2025 年度占用累计 | 年度占 2025 用资金的利 | 2025 年度偿还累 | 2025 年末占用资 | 占用形成 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 占用 | | 关联关系 | 的会计 科目 | 金余额 | 发生金额(不含利息) | 息(如有) | 计发生金额 | 金余额 | 原因 | | | 控股股东、实 | | | | | | | | - | | 非经营性占用 | | 际控制人及其 | | | | | | | | - | | 非经营性占用 | | 附属企业 | | | | | | | | - | | 非经营性占用 | | 小计 | — | — | — | - | - | - | - | - | | | | 前控股股东、 | | | | | | | | - | | 非经营性占用 | | 实际控制人及 | | | | | | | | - | | 非经营性占用 | | 其 ...

证券代码：002855 证券简称：捷荣技术 公告编号：2025-045 东莞捷荣技术股份有限公司 关于 2025 半年度计提资产减值准备的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 东莞捷荣技术股份有限公司（简称"公司"）根据《企业会计准则》《深圳 证券交易所股票上市规则》以及公司相关会计政策的规定，对可能发生信用减值、 资产减值损失的资产计提减值准备。现将具体情况公告如下： 一、计提减值损失的原因 为客观反映公司财务状况，根据《企业会计准则》等相关规定，公司对各类 资产进行了分析和评估，经减值测试后，公司认为部分资产存在一定的减值损失 迹象。基于谨慎性原则，公司根据减值测试的结果对可能存在减值迹象的资产计 提减值损失。 | 单位：元 | | --- | | | 占公司最近一 个会计年度经 | | | --- | --- | --- | | 项目 | 本期计提减值损失金额 | 审计的归属于 | | | | 母公司净利润 | | | | 绝对值的比例 | | 信用减值损失 | 1,575,575.19 | 0.53% | | 其中：应收票据信用减值损失 ...

证券代码：002855 证券简称：捷荣技术 公告编号：2025-041 东莞捷荣技术股份有限公司 关于开展外汇套期保值业务的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 东莞捷荣技术股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开 第四届董事会第十九次会议和第四届监事会第九次会议，审议通过了《关于开展 外汇套期保值业务的议案》。根据《深圳证券交易所上市公司自律监管指引第 7 号——交易与关联交易》等相关法律法规和规范性文件的规定，本次开展外汇套 期保值业务属于董事会审批权限范围，无需提交公司股东大会审议。现将相关事 宜公告如下： 一、开展外汇套期保值业务的目的 公司和子公司在日常经营过程中会涉及部分外币业务，人民币兑外币汇率和 国内外利率的浮动会对公司经营成果造成一定影响。为进一步提高公司应对外汇 波动风险的能力，更好地规避和防范外汇汇率、利率波动风险，公司有必要根据 业务实际需求，适度开展外汇套期保值业务，该业务开展不会影响公司主营业务 发展。 二、外汇套期保值业务概述 1、拟开展外汇套期保值业务的计划 根据公司的进口采购金额、 ...

证券代码：002855 证券简称：捷荣技术 公告编号：2025-042 东莞捷荣技术股份有限公司 关于修订《公司章程》及部分公司治理制度的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 东莞捷荣技术股份有限公司（以下简称"公司"）于 2025 年 8 月 26 日召开 第四届董事会第十九次会议，审议通过了《关于修订<公司章程>及部分公司治 理制度的议案》，现将有关情况公告如下： 一、关于修订《公司章程》的情况 根据《中华人民共和国公司法》《上市公司章程指引》等法律法规的相关规 定，结合公司实际情况，拟对《公司章程》中的相关条款进行修订和完善。本次 公司章程修订的具体情况详见附件《公司章程》修订对照表，修订后的《公司章 程》全文详见巨潮资讯网（www.cninfo.com.cn）。 二、关于修订部分公司治理制度的情况 为进一步完善公司治理结构，促进公司规范运作，与最新修订的《公司章程》 保持一致，根据《公司法》《上市公司章程指引》等法律法规和规范性文件的规 定，公司拟修订部分内部治理制度，具体内容详见公司同日刊登在巨潮资讯网 （www.cninfo.com ...

东莞捷荣技术股份有限公司 2025 年半年度财务报告 东莞捷荣技术股份有限公司 2025 年半年度财务报告 披露时间 2025 年 8 月 27 日 1 东莞捷荣技术股份有限公司 2025 年半年度财务报告 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：东莞捷荣技术股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 132,251,551.42 | 67,923,404.05 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 0.00 | 10,800.00 | | 衍生金融资产 | 0.00 | 0.00 | | 应收票据 | 22,443,496.64 | 29,253,917.25 | | 应收账款 | 376,632,400.87 | 333,120,242.62 | | 应收款项融资 | 6,814,187.78 | 12, ...