STI(SZ:300416) Sou Hu Cai Jing·2025-07-29 14:03Core Viewpoint - The company, Su Shi Testing (300416), reported a revenue of 999 million yuan for the first half of 2025, marking an 8.09% year-on-year increase, with net profit attributable to shareholders reaching 117 million yuan, a 14.18% increase compared to the previous year [1][2]. Financial Performance - Total revenue for the first half of 2025 was 999 million yuan, up from 917 million yuan in the same period last year [2]. - Net profit attributable to shareholders was 117 million yuan, compared to 103 million yuan in the previous year [2]. - Deducted non-recurring gains and losses, the net profit was 114 million yuan, an increase from 95 million yuan year-on-year [2]. - Operating cash flow net amount was 98.84 million yuan, reflecting a 29.32% increase from the previous year [25]. - Basic earnings per share were 0.2306 yuan, up from 0.2020 yuan [2]. - The weighted average return on equity was 4.44%, an increase of 0.44 percentage points year-on-year [24]. Revenue Composition - Revenue breakdown for the first half of 2025 included: - Integrated circuit verification and analysis services: 154.9 million yuan - Environmental reliability testing services: 487.4 million yuan - Testing equipment: 309.8 million yuan - Other business income: 105.1 million yuan [16]. Asset and Liability Changes - As of the end of the first half of 2025, total assets were approximately 4.99 billion yuan, down from 5.03 billion yuan at the end of the previous year [2]. - Long-term borrowings increased by 122.69%, while short-term borrowings rose by 15.67% compared to the previous year [39]. - Cash and cash equivalents decreased by 23.53%, while accounts receivable increased by 7.91% [36]. Shareholder Structure - The top ten circulating shareholders included new entrants such as the third phase employee stock ownership plan and various social security fund combinations, replacing previous shareholders [49]. - The largest shareholder, Suzhou Testing Instrument Factory, held 31.93% of the total shares, unchanged from the previous period [50].