Group 1 - The company, Tianzhong Precision Machinery, operates in the intelligent equipment manufacturing industry, providing smart equipment and comprehensive solutions for intelligent manufacturing [1] - The company's business spans multiple sectors, including consumer electronics, automotive, and industrial control [1] - Investors are encouraged to refer to the company's regular reports for detailed product information [1]

Core Insights - The company Tanaka Precision Machinery (300461) reported a decline in total revenue and a negative net profit for the first half of 2025, indicating ongoing financial challenges [1] Financial Performance - Total revenue for the first half of 2025 was 92.07 million yuan, a decrease of 14.47% compared to the same period in 2024 [1] - The net profit attributable to shareholders was -18.62 million yuan, showing an improvement of 6.46% year-on-year [1] - In Q2 2025, total revenue was 51.82 million yuan, down 17.47% year-on-year, with a net profit of -10.57 million yuan, a decline of 39.75% [1] Key Financial Ratios - Gross margin was 31.66%, down 13.17% year-on-year, while net margin was -23.39%, an improvement of 5.20% [1] - The ratio of selling, administrative, and financial expenses to revenue was 44.09%, an increase of 28.96% year-on-year [1] - Earnings per share were -0.12 yuan, a year-on-year increase of 7.69% [1] Balance Sheet Highlights - Accounts receivable accounted for 41.39% of total revenue, indicating a significant amount of outstanding payments [1] - Cash and cash equivalents increased by 148.34% to 11.6 million yuan [1] - Interest-bearing debt decreased by 29.98% to 71.02 million yuan [1] Historical Context - The company has experienced a median Return on Invested Capital (ROIC) of 9.02% since its listing, with a particularly poor performance in 2019, where ROIC was -58.26% [3] - The company has reported losses in four out of nine annual reports since its listing, suggesting a history of financial instability [3] Cash Flow and Inventory Concerns - The cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 47.57% [3] - Inventory levels have reached 114.89% of revenue, indicating potential overstock issues [3]

Core Insights - The company Tianzhong Precision Machinery (300461.SZ) reported a total operating revenue of 92.07 million yuan for the first half of 2025, ranking 75th among disclosed peers, which represents a decrease of 15.58 million yuan or 14.47% compared to the same period last year [1] - The net profit attributable to shareholders was -18.62 million yuan, ranking 68th among peers [1] - The company experienced a net cash inflow from operating activities of 44.07 million yuan [1] Financial Performance - The latest debt-to-asset ratio is 45.60%, ranking 55th among peers, which is an increase of 3.41 percentage points from the previous quarter and an increase of 11.08 percentage points from the same period last year [3] - The latest gross profit margin is 31.66%, ranking 41st among peers, which is a decrease of 4.80 percentage points compared to the same period last year [3] - The latest return on equity (ROE) is -3.68%, ranking 75th among peers, which is a decrease of 0.65 percentage points from the same period last year [3] - The diluted earnings per share are -0.12 yuan, ranking 71st among peers [3] - The latest total asset turnover ratio is 0.10 times, ranking 70th among peers, which is a decrease of 0.01 times or 8.01% compared to the same period last year [3] - The latest inventory turnover ratio is 0.27 times, ranking 77th among peers, which is a decrease of 0.03 times or 10.13% compared to the same period last year [3] Shareholder Structure - The number of shareholders is 11,400, with the top ten shareholders holding a total of 101 million shares, accounting for 64.59% of the total share capital [3] - The largest shareholder is Shanghai Feiyao Investment Management Co., Ltd., holding 25.6 million shares [3] - Other significant shareholders include Takeda Koji (11.0 million shares), Qian Chenglin (9.38 million shares), and Takeda Shuzhi (6.29 million shares) [3]

Company Overview - The company did not distribute cash dividends, issue bonus shares, or increase capital from reserves during the reporting period [2] - There were no changes in the controlling shareholder or actual controller during the reporting period [3] Financial Data and Shareholder Information - The company does not require retrospective adjustments or restatements of previous accounting data [2] - There are no preferred shareholders or related shareholding information during the reporting period [3] Important Events - The company approved the 2025 Restricted Stock Incentive Plan on April 22, 2025, during board meetings [4][5] - The first grant of restricted stock under the 2025 plan is scheduled for listing on July 3, 2025 [6] - The company’s subsidiary, Youfu Intelligent Equipment Co., Ltd., has applied for bankruptcy liquidation, with the court accepting the application on July 17, 2025 [6]

Core Viewpoint - Tianzhong Precision Machinery (300461.SZ) reported a decline in revenue and net loss for the first half of 2025, indicating ongoing financial challenges for the company [1] Financial Performance - The company's operating revenue for the first half of 2025 was 92.0712 million yuan, representing a year-on-year decrease of 14.47% [1] - The net loss attributable to shareholders of the listed company was 18.6156 million yuan, which narrowed by 6.46% compared to the previous year [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 21.2749 million yuan, which expanded by 3.55% year-on-year [1] - The basic loss per share was 0.12 yuan [1]

Company Performance - Tianzhong Precision Machinery reported a revenue of approximately 92.07 million yuan for the first half of 2025, a year-on-year decrease of 14.47% [1] - The net profit attributable to shareholders was a loss of approximately 18.62 million yuan, with a basic earnings per share loss of 0.12 yuan [1] - In comparison, the revenue for the same period in 2024 was approximately 108 million yuan, with a net profit loss of about 19.90 million yuan and a basic earnings per share loss of 0.13 yuan [1] Market Valuation - As of the report date, Tianzhong Precision Machinery had a market capitalization of 3.4 billion yuan [1]

Core Insights - Tianzhong Precision Machinery (300461.SZ) reported a revenue of 92.07 million yuan for the first half of 2025, representing a year-on-year decline of 14.47% [1] - The net profit attributable to shareholders of the listed company was -18.62 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -21.27 million yuan [1] - The basic earnings per share were -0.12 yuan [1]

证券代码：300461 证券简称：田中精机 公告编号：2025-058 特此公告。 浙江田中精机股份有限公司 董 事 会 2025 年 8 月 29 日 浙江田中精机股份有限公司 关于 2025 年半年度报告披露提示性公告 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。 浙江田中精机股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日召开 第五届董事会第十次会议和第五届监事会第八次会议，分别审议并通过了《关于 公司<2025 年半年度报告>及摘要的议案》。 为使投资者全面了解公司的经营情况和财务状况，公司《2025 年半年度报 告》和《2025 年半年度报告摘要》已于 2025 年 8 月 29 日在中国证监会指定的 创业板信息披露网站巨潮资讯网（http://www.cninfo.com.cn）上披露，敬请投 资者注意查阅。 ...

浙江田中精机股份有限公司 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 单位：万元 | | 资金占用方名称 | | 占用方与上市公司的关 | 上市公司核算的 | 2025 年期初占用 | 2025 | 年半年度占用累计发 | 2025 年半年度占 | 2025 年半年度 | 2025 | 年半年度期末占 | 占用形 成 | 占用性质 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | | | 联关系 | 会计科目 | 资金余额 | 生金额（不含利息） | | 用资金的利息(如 | 偿还累计发生 | | 用资金余额 | | | | | | | | | | | | | 有) | 金额 | | | 原因 | | | | 控股股东、实际控制人 | | | | | | | | | | | | | 非经营性占用 | | | 及其附属企业 | | | | | | | | | | | | | 非经营性占用 | | | 小计 | | - | - ...

证券代码：300461 证券简称：田中精机 公告编号：2025-057 浙江田中精机股份有限公司（以下简称"公司"）第五届监事会第八次会议 于 2025 年 8 月 27 日在公司会议室以现场方式召开，会议通知于 2025 年 8 月 15 日以直接送达的方式通知到全体监事。 本次会议应出席监事 3 名，实际出席监事 3 名。会议由公司监事会主席宋志 萍女士召集和主持。本次会议的召集、召开符合《公司法》和《公司章程》的相 关规定，决议合法有效。 二、监事会会议审议情况 浙江田中精机股份有限公司 第五届监事会第八次会议决议公告 本公司及监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。 一、监事会会议召开情况 表决结果：3票同意、0票反对、0票弃权，获得通过。 三、备查文件 第五届监事会第八次会议决议。 特此公告。 浙江田中精机股份有限公司 监事会 2025 年 8 月 29 日 1、审议通过《关于公司<2025 年半年度报告>及摘要的议案》 监事会对董事会编制的《2025 年半年度报告》及摘要进行了认真审核后认 为：董事会编制和审核公司《2025 年半年度报告》及摘要的程 ...