HXGF(SH:603115) Sou Hu Cai Jing·2025-07-31 12:29Core Viewpoint - The financial performance of Hai Xing Co., Ltd. shows significant growth in revenue and net profit, indicating a positive trend in the company's operations and potential investment opportunities [1]. Financial Performance - As of the first quarter of 2025, the company reported total revenue of 506 million yuan, representing a year-on-year increase of 25.53% [1]. - The net profit attributable to shareholders reached 22.69 million yuan, up 48.52% year-on-year [1]. - The non-recurring net profit was 22.65 million yuan, reflecting a substantial growth of 145.21% compared to the previous year [1]. - The company's liquidity ratios are strong, with a current ratio of 3.305 and a quick ratio of 2.695, while the debt-to-asset ratio stands at 22.09% [1]. Stock Performance - As of July 31, 2025, the stock price closed at 15.37 yuan, down 1.66% with a turnover rate of 2.99% [1]. - The trading volume was 71,500 lots, with a total transaction amount of 111 million yuan [1]. - There was a net outflow of main funds amounting to 25.97 million yuan, accounting for 23.46% of the transaction amount [1]. Company Background - Hai Xing Co., Ltd. was established in 1998 and is located in Nantong City, primarily engaged in non-ferrous metal smelting and rolling processing [2]. - The company has a registered capital of 239.2 million yuan, which is also the paid-in capital [1][2]. - The legal representative of the company is Zhou Xiaobing [1]. Investment Activities - The company has made investments in five external enterprises and participated in 18 bidding projects [2]. - It holds one trademark and 162 patents, along with 47 administrative licenses [2].