Xin Lang Cai Jing·2025-05-01 01:51Core Viewpoint - ST Tiexin (000070.SZ) reported a significant decline in both revenue and net profit for Q1 2025, indicating ongoing financial challenges and a need for strategic reassessment [1][3]. Financial Performance - The company's total revenue for Q1 2025 was 790 million yuan, a decrease of 280 million yuan compared to the same period last year, representing a year-on-year decline of 26.16% [1]. - The net profit attributable to shareholders was -15.06 million yuan, down 29.24 million yuan from the previous year, marking a year-on-year decline of 206.19% [1]. - Operating cash flow showed a net outflow of -188 million yuan, a decrease of 15.24 million yuan compared to the same period last year [1]. Financial Ratios - The latest debt-to-asset ratio stood at 69.42%, ranking 85th among peers, with an increase of 1.27 percentage points from the previous quarter but a decrease of 1.65 percentage points from the same period last year [3]. - The gross profit margin was reported at 17.03%, ranking 70th among peers, with a 0.40 percentage point increase from the previous quarter and a 4.60 percentage point increase year-on-year [3]. - Return on equity (ROE) was -1.01%, ranking 68th among peers, reflecting a decrease of 1.75 percentage points compared to the same period last year [3]. Earnings Per Share and Turnover Ratios - The diluted earnings per share were -0.02 yuan, ranking 65th among peers, down 0.03 yuan from the previous year, indicating a year-on-year decline of 206.37% [3]. - The total asset turnover ratio was 0.12 times, ranking 41st among peers, with a decrease of 0.01 times year-on-year, representing a decline of 6.41% [3]. - The inventory turnover ratio was 0.56 times, ranking 53rd among peers, remaining stable compared to the previous year, with a slight year-on-year increase of 0.02% [3]. Shareholder Structure - The number of shareholders was reported at 46,600, with the top ten shareholders holding 382 million shares, accounting for 42.47% of the total share capital [3]. - The largest shareholder, Shenzhen Tefa Group Co., Ltd., holds 36.18% of the shares [3].