


Core Viewpoint - The financial performance of China Merchants Energy Shipping Company (中远海发) shows positive growth in revenue and net profit, indicating a stable operational environment despite a slight decline in stock price [1][3]. Financial Performance - As of the first quarter of 2025, the company reported total revenue of 5.418 billion yuan, representing a year-on-year increase of 9.68% [1]. - The net profit attributable to shareholders was 480 million yuan, up 7.56% year-on-year [1]. - The non-recurring net profit reached 473 million yuan, showing a significant year-on-year growth of 105.52% [1]. - The company's liquidity ratios are as follows: current ratio at 0.422 and quick ratio at 0.374, with a debt-to-asset ratio of 76.17% [1]. Stock Market Activity - On August 1, 2025, the stock closed at 2.47 yuan, down 0.8% with a turnover rate of 0.91% [1]. - The trading volume was 892,000 hands, with a transaction amount of 221 million yuan [1]. - The net inflow of main funds was 11.988 million yuan, accounting for 5.41% of the transaction amount [1]. Company Overview - China Merchants Energy Shipping Company was established in 2004 and is based in Shanghai, primarily engaged in maritime transportation [2]. - The company has a registered capital of approximately 1.357 billion yuan, which is also its paid-in capital [1][2]. - The legal representative of the company is Zhang Mingwen [1]. Investment and Business Activities - The company has made investments in 17 enterprises and participated in 16 bidding projects [2]. - It holds 12 patents and has obtained 10 administrative licenses [2].