SMARTGEN(SZ:301361) Zheng Quan Zhi Xing·2025-08-13 22:27Financial Performance - The company reported a total revenue of 132 million yuan for the first half of 2025, representing a year-on-year increase of 36.58% [1] - The net profit attributable to shareholders reached 42.58 million yuan, up 41.19% year-on-year [1] - In Q2 2025, total revenue was 74.43 million yuan, with a year-on-year growth of 39.55%, and net profit was 23.54 million yuan, increasing by 36.26% [1] Profitability Metrics - The gross margin improved to 58.42%, an increase of 3.42% year-on-year, while the net margin rose to 32.27%, up 3.38% [1] - The total of selling, administrative, and financial expenses was 21.84 million yuan, accounting for 16.55% of revenue, a decrease of 21.2% year-on-year [1] - Earnings per share (EPS) increased to 0.37 yuan, reflecting a growth of 41.15% compared to the previous year [1] Cash Flow and Financial Position - Operating cash flow per share reached 0.21 yuan, a significant increase of 87.19% year-on-year [1] - The company experienced a decrease in cash and cash equivalents by 54.75%, attributed to a reduction in the redemption of maturing financial products [6] - The company aims to improve cash flow management through better accounts receivable management and inventory optimization [6] Investment and Financing Activities - The net cash flow from investing activities decreased by 99.24%, due to a reduction in the redemption of maturing financial products [4] - The net cash flow from financing activities declined by 25.71%, primarily due to an increase in the distribution of ordinary stock dividends [5] Changes in Financial Items - Long-term equity investments were affected by investments in Beijing Guangjian Cloud [2] - The decrease in trading financial assets by 10.49% was due to a reduction in the purchase of financial products [2] - The increase in income tax expenses by 51.4% was a result of improved performance leading to higher tax liabilities [3]