美利云2025中报盈利能力不佳，财务风险需关注

Group 1 - The company reported a net profit of 19.8849 million yuan, marking a turnaround from previous losses, with basic earnings per share of 0.03 yuan [1] - The company's average return on equity (ROE) over the past five years was -16.13%, with the current period's ROE at -32.81%, indicating a failure to generate positive returns for shareholders [2] - The industry average ROE stands at 1.93%, highlighting the company's underperformance in generating shareholder returns compared to peers [2] Group 2 - The company's average operating profit margin is -28.98%, reflecting challenges in converting revenue into profit [3] - The industry average operating profit margin is 2.42%, suggesting that other companies in the same sector are more efficient in their operations [3] - The low or negative operating profit margin may be attributed to high operating costs, low sales prices, or insufficient sales volume, indicating potential issues with the company's business model [3]