Core Insights - The company reported a total revenue of 414 million yuan for the first half of 2025, an increase of 93.12 million yuan, representing a year-on-year growth of 29.05% [1] - The net profit attributable to shareholders was 9.94 million yuan, a decrease of 5.67 million yuan, reflecting a year-on-year decline of 36.31% [1] - The net cash flow from operating activities was -61.58 million yuan, a decrease of 111 million yuan, indicating a year-on-year decline of 223.78% [1] Financial Ratios - The latest debt-to-asset ratio is 39.89%, an increase of 3.13 percentage points from the previous quarter and an increase of 10.26 percentage points from the same period last year [3] - The latest gross profit margin is 14.45%, a decrease of 1.18 percentage points from the previous quarter and a decrease of 0.82 percentage points from the same period last year [3] - The latest return on equity (ROE) is 1.24%, a decrease of 0.78 percentage points from the same period last year [3] Earnings and Turnover - The diluted earnings per share are 0.04 yuan, a decrease of 0.02 yuan, reflecting a year-on-year decline of 33.33% [4] - The latest total asset turnover ratio is 0.31 times, an increase of 0.03 times from the same period last year, representing a year-on-year growth of 10.02% [4] - The latest inventory turnover ratio is 1.87 times, an increase of 0.38 times from the same period last year, indicating a year-on-year growth of 25.47% [4] Shareholder Structure - The number of shareholders is 10,700, with the top ten shareholders holding 160 million shares, accounting for 61.28% of the total share capital [4] - The largest shareholder is Ningbo Zhenhai Investment Co., Ltd., holding 30.14% of the shares [4]
德宏股份(603701.SH)：2025年中报净利润为994.46万元、同比较去年同期下降36.31%