CLICK(SZ:002782) Zheng Quan Zhi Xing·2025-08-08 22:39Financial Performance - The company reported a total revenue of 2.667 billion yuan for the first half of 2025, representing a year-on-year increase of 25.27% [1] - The net profit attributable to shareholders reached 151 million yuan, up 46.1% year-on-year [1] - In Q2 2025, total revenue was 1.542 billion yuan, showing a 30.9% increase compared to the same quarter last year [1] - The net profit for Q2 2025 was 80.705 million yuan, reflecting a 57.02% year-on-year growth [1] Key Financial Ratios - Gross margin improved to 14.61%, an increase of 6.96% year-on-year [1] - Net margin rose to 5.74%, up 16.76% year-on-year [1] - The ratio of selling, administrative, and financial expenses to revenue decreased to 3.52%, down 31.73% year-on-year [1] Cash Flow and Receivables - Operating cash flow per share decreased to 0.1 yuan, a significant drop of 81.35% year-on-year [1] - Accounts receivable increased by 49.74% year-on-year, reaching 1.915 billion yuan [1] - The company’s cash and cash equivalents decreased by 10.75% to 363 million yuan [3] Investment Metrics - The company's return on invested capital (ROIC) was 11.37%, indicating average capital returns [3] - Historical data shows a median ROIC of 10.49% since the company went public, with the worst year being 2021 at 1.39% [3] Fund Holdings - The largest fund holding the company’s shares is HSBC Jintrust Pearl River Delta Development Mixed Fund, with 276,600 shares [4] - New entries in the top ten holdings include Huaxia CSI 2000 ETF and Xin'ao Smart Selection Mixed A [4]