Shaanxi Heimao(SH:601015) Sou Hu Cai Jing·2025-08-14 13:32Core Viewpoint - Shaanxi Black Cat Coking Co., Ltd. has reported a significant decline in revenue and net profit for the first quarter of 2025, indicating potential challenges in its financial performance and market position [1]. Financial Performance - As of the first quarter of 2025, the company reported total operating revenue of 2.585 billion yuan, a year-on-year decrease of 37.31% [1]. - The net profit attributable to shareholders was 261.56 million yuan, down 23.21% year-on-year [1]. - The non-recurring net profit was 306.02 million yuan, reflecting a decrease of 28.62% compared to the previous year [1]. - The current ratio was 0.296, and the quick ratio was 0.206, indicating potential liquidity issues [1]. - The debt-to-asset ratio stood at 60.54%, suggesting a relatively high level of leverage [1]. Market Activity - On August 14, 2025, the company's stock closed at 3.55 yuan, down 3.53%, with a turnover rate of 1.57% [1]. - The trading volume was 321,200 hands, with a transaction amount of 115 million yuan [1]. - There was a net outflow of main funds amounting to 27.1 million yuan, accounting for 23.47% of the transaction amount [1]. - Large orders saw a net outflow of 15.37 million yuan, representing 13.31% of the transaction amount [1]. Company Overview - Shaanxi Black Cat Coking Co., Ltd. was established in 2003 and is located in Weinan City, primarily engaged in the processing of petroleum, coal, and other fuel industries [1]. - The company has a registered capital of 2.042 billion yuan and a paid-in capital of 374 million yuan [1]. - The legal representative of the company is Zhang Linxing [1]. Investment and Intellectual Property - The company has made investments in 22 enterprises and participated in 135 bidding projects [2]. - It holds 3 trademark registrations and 137 patents, along with 41 administrative licenses [2].