Core Insights - The company reported a significant decline in net profit, down 87.95% year-on-year, with total revenue also decreasing by 8.41% [1] - The gross margin fell to 47.78%, a decrease of 11.41% compared to the previous year, while the net margin dropped to 2.95%, down 82.96% [1] - The company is focusing on strategic mergers and acquisitions to enhance its core capabilities and expand its market presence in the food and health sectors [15] Financial Performance - Total revenue for the first half of 2025 was 606 million yuan, compared to 662 million yuan in the same period of 2024, reflecting an 8.41% decline [1] - The net profit attributable to shareholders was 13.42 million yuan, down from 111 million yuan in the previous year, marking an 87.95% decrease [1] - The company’s operating cash flow per share decreased by 24.21%, from 0.17 yuan to 0.13 yuan [1] Cost and Expenses - Total sales, management, and financial expenses amounted to 189 million yuan, accounting for 31.24% of revenue, which is an increase of 13.92% year-on-year [1] - The company’s financial expenses saw a significant decrease of 554.54%, attributed to increased purchases of bank time deposits [7] Asset and Liability Changes - Cash and cash equivalents decreased by 18.97% due to an increase in structured bank deposits [3] - Long-term equity investments dropped by 48.37% as a result of an affiliate becoming a subsidiary [3] - The company’s receivables decreased by 9.92%, with accounts receivable at 344 million yuan [1][3] Strategic Focus - The company aims to be a leader in the "delicious life" sector, focusing on green, nutritious, and healthy products while enhancing its capabilities through strategic acquisitions [15] - There is a particular emphasis on integrating high-value products and companies within the food ingredient sector to strengthen its market position [15]

注：本文结合AI 责任编辑：AI观察员 国内香精行业龙头华宝股份正式发布2025年半年度报告，数据显示公司经营业绩遭遇断崖式下滑。上半 年营业收入6.06亿元，同比下跌8.41%；归母净利润仅1341.89万元，同比暴跌87.95%，创上市以来最大 降幅。每股收益从上年同期的0.18元骤降至0.02元，投资者回报能力几近枯竭。 三大盈利核心指标同步溃败，折射企业盈利体系崩塌。净利率从2024年上半年的17.28%断崖下滑至 2.95% ，毛利率由53.93%萎缩至47.78% ，加权平均净资产收益率更是跌至0.20% ，三项指标均创历史 最低值且连续六年持续下行。期间费用率攀升至42.98%，其中销售费用逆势增长16.35%至6836万元， 管理费用激增24.77%至1.61亿元，进一步吞噬利润空间。 业务结构性矛盾凸显主力品类坍塌风险。占营收63%的食用香精收入同比锐减22.54%，尽管食品配料与 日用香精分别增长4.80%和34.47%，但未能挽救整体营收颓势。经营活动现金流净额萎缩24.21%至7999 万元。 ...

上市保荐机构为浙商证券股份有限公司，保荐代表人为汪建华、洪涛，发行费用总额为6,553.19万元(不 含税)，保荐承销费为3,735.85万元。 华宝股份于2018年3月1日在深圳证券交易所创业板上市，公开发行6,159万股新股，发行价格为38.60元/ 股，本次发行募集资金总额237,737.40万元，扣除发行费用6,553.19万元后的募集资金净额为231,184.21 万元。目前该股处于破发状态。 中国经济网北京8月19日讯华宝股份（300741）(300741.SZ)今日收报18.85元，跌幅4.07%。 ...

Core Insights - Huabao Co., Ltd. reported a significant decline in its operating performance for the first half of 2025, with revenue of 606 million yuan, a year-on-year decrease of 8.41%, and a net profit of 13 million yuan, down 87.95% year-on-year [1][3] - Key profitability indicators, including net profit margin, gross profit margin, and return on equity, reached new lows, indicating severe challenges to the company's profitability [1][3] Financial Performance - The net profit margin fell sharply from 17.28% in the first half of 2024 to 2.95%, marking six consecutive years of decline [3] - The gross profit margin decreased from 53.93% to 47.78%, while the return on equity dropped to only 0.20%, also reflecting a six-year downward trend [3] Operational Stability - The company faces ongoing pressure from deteriorating profitability, with inventory turnover days at 240.93, showing some improvement compared to the previous year [5] - The net cash flow from operating activities was 80 million yuan, a slight decline of 0.26% year-on-year, indicating weak growth despite remaining positive [5] - As of the first half of 2025, the debt-to-asset ratio was 6.68%, down 1.41 percentage points year-on-year, suggesting low financial leverage and manageable debt risk [5] Institutional Holdings - As of the first half of 2025, only one institutional investor held shares in Huabao Co., a significant decrease from 86 in the same period of 2024, reflecting a notable decline in investor confidence [7] - The company's market capitalization peaked at 49.424 billion yuan on November 29, 2021, but has since fallen to 12.102 billion yuan, requiring a 308.40% increase in stock price to return to its historical high, which poses substantial challenges given the current operational difficulties [7]

格隆汇8月18日丨华宝股份(300741.SZ)公布2025年半年度报告，上半年公司实现营业收入6.07亿元，同 比下降8.41%；归属于上市公司股东的净利润1341.89万元，同比下降87.95%；归属于上市公司股东的扣 除非经常性损益的净利润4722.53万元，同比下降21.37%；基本每股收益0.02元。 ...

Core Viewpoint - Huabao Co., Ltd. reported a decline in both revenue and net profit for the first half of 2025, indicating significant financial challenges faced by the company [2] Financial Performance - The company's revenue for the first half of 2025 was approximately 606 million yuan, representing a year-on-year decrease of 8.41% [2] - The net profit attributable to shareholders was around 13.42 million yuan, which is a substantial year-on-year decline of 87.95% [2] - Basic earnings per share were reported at 0.02 yuan, reflecting a decrease of 88.89% compared to the previous year [2]

智通财经APP讯，华宝国际(00336)公布，华宝香精股份有限公司于2025年上半年实现营业收入约6.06亿 元，同比减少8.41%;归属于上市公司股东的净利润约1341.89万元，同比减少87.95%;基本每股收益0.02 元。 ...

Core Viewpoint - Huabao Co., Ltd. announced that its 19th meeting of the third board of directors was held via communication on August 18, 2025, to review the 2025 semi-annual report and its summary [2] Group 1 - The board meeting was conducted on August 18, 2025, through a communication method [2] - The meeting included the review of the 2025 semi-annual report and its summary [2]

Core Viewpoint - Huabao Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first half of 2025 was 606 million yuan, representing a year-on-year decrease of 8.41% [1] - The net profit for the same period was 13.42 million yuan, showing a significant year-on-year decline of 87.95% [1] Dividend Policy - The company announced plans not to distribute cash dividends, issue bonus shares, or increase capital through reserves [1]

华宝香精股份有限公司 关于 2025 年半年度募集资金存放与使用情况的专项报告 根据中国证监会《上市公司募集资金监管规则》《深圳证券交易所上市公司 自律监管指引第 2 号——创业板上市公司规范运作》及相关格式指引的规定，华 宝香精股份有限公司（以下简称"公司"）2025 年半年度募集资金存放与使用情 况专项报告如下： 一、募集资金基本情况 根据中国证券监督管理委员会于 2018 年 2 月 2 日签发的证监发行字[2018] 261 号文《关于核准华宝香精股份有限公司首次公开发行股票的批复》，公司于 2018 年 2 月向社会公众发行人民币普通股 61,590,000.00 股，每股发行价格为人 民币 38.60 元，募集资金总额为 2,377,374,000.00 元。扣除发行费用人民币 65,531,881.14 元后，实际募集资金净额为人民币 2,311,842,118.86 元（以下简称 "募集资金"），上述资金于 2018 年 2 月 26 日到位，业经普华永道中天会计师事 务所（特殊普通合伙）予以验证并出具普华永道中天验字（2018）第 0108 号验 资报告。 截至 2025 年 6 月 30 ...