中原高速: 河南中原高速公路股份有限公司2025年半年度报告摘要

Core Viewpoint - Henan Zhongyuan Expressway Company Limited reported significant financial growth in its 2025 semi-annual report, with notable increases in total assets, net profit, and cash flow from operating activities [1][2]. Financial Performance - Total assets at the end of the reporting period reached 21.38 billion RMB, reflecting a 1.63% increase compared to the previous year [1]. - The net profit attributable to shareholders was 663.12 million RMB, marking a 7.68% increase from the previous year [1]. - Operating revenue for the period was reported at 843.98 million RMB, which is a 4.40% increase year-on-year [1]. - The net cash flow from operating activities was 878.33 million RMB, showing a 30.51% increase compared to the previous year [1]. Shareholder Information - The largest shareholder, Henan Transportation Investment Group Co., Ltd., holds 46.81% of the shares, while the second-largest shareholder, China Merchants Highway Network Technology Holdings Co., Ltd., holds 15.43% [2]. - The report indicates that there are no significant relationships or agreements among shareholders that would affect voting rights or control [2]. Debt and Financial Ratios - The company's debt-to-asset ratio was reported at 71.01%, slightly up from 70.92% at the end of the previous year [4]. - The EBITDA interest coverage ratio improved to 4.0059 from 3.4729 in the previous year, indicating better debt servicing capability [4].