Cynda(SH:603086) Zheng Quan Zhi Xing·2025-08-20 22:23Core Viewpoint - XianDa Co., Ltd. (603086) reported strong financial performance for the first half of 2025, with significant increases in revenue and net profit compared to the same period in 2024, indicating improved profitability and operational efficiency [1]. Financial Performance Summary - Total revenue for the first half of 2025 reached 1.423 billion yuan, an increase of 11.82% year-on-year [1]. - Net profit attributable to shareholders was 136 million yuan, showing a remarkable increase of 2561.58% year-on-year [1]. - In Q2 2025, total revenue was 880 million yuan, up 12.48% year-on-year, while net profit was 114 million yuan, up 505.87% year-on-year [1]. Profitability Metrics - Gross margin improved to 23.14%, reflecting a year-on-year increase of 55.3% [1]. - Net margin surged to 9.56%, with a year-on-year increase of 2286.39% [1]. - Total selling, administrative, and financial expenses amounted to 105 million yuan, accounting for 7.41% of revenue, down 12.26% year-on-year [1]. Key Financial Ratios - Earnings per share (EPS) increased to 0.31 yuan, a staggering rise of 3000.0% year-on-year [1]. - Net asset value per share was 4.84 yuan, up 4.64% year-on-year [1]. - Operating cash flow per share was -0.19 yuan, a decrease of 535.68% year-on-year [1]. Changes in Financial Items - Significant increase in cash and cash equivalents, with monetary funds rising to 1.721 billion yuan, up 36.30% [1]. - Accounts receivable increased to 636 million yuan, a rise of 13.40% [1]. - Interest-bearing debt more than doubled to 720 million yuan, an increase of 102.28% [1]. Operational Insights - Revenue growth attributed to increased sales volume and price hikes [8]. - Management expenses decreased by 14.71% due to reduced hazardous waste disposal costs [8]. - Financial expenses rose by 126.36% due to increased borrowing and foreign exchange losses [8].