杭华股份(688571.SH):2025年中报净利润为4650.56万元、同比较去年同期下降22.38%

Core Insights - The company, Hanghua Co., Ltd. (688571.SH), reported a total operating revenue of 571 million yuan for the first half of 2025, a decrease of 17.63 million yuan compared to the same period last year, representing a year-on-year decline of 3.00% [1] - The net profit attributable to shareholders was 46.51 million yuan, down by 13.41 million yuan from the previous year, reflecting a year-on-year decrease of 22.38% [1] - The net cash inflow from operating activities was 96.65 million yuan, an increase of 15.76 million yuan year-on-year, marking a 19.49% rise and achieving five consecutive years of growth [1] Financial Ratios - The latest debt-to-asset ratio stands at 20.38%, a decrease of 0.66 percentage points from the previous quarter, but an increase of 0.33 percentage points compared to the same period last year [3] - The latest gross profit margin is 24.59%, which is an increase of 0.45 percentage points from the previous quarter, but a decrease of 1.45 percentage points year-on-year [3] - The return on equity (ROE) is 2.97%, down by 1.17 percentage points compared to the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share (EPS) is 0.11 yuan, a decrease of 0.04 yuan year-on-year, reflecting a decline of 26.67% [3] - The total asset turnover ratio is 0.28 times, a decrease of 0.03 times compared to the same period last year, representing a year-on-year decline of 10.52% [3] - The inventory turnover ratio is 2.40 times, down by 0.34 times year-on-year, indicating a decline of 12.51% [3] Shareholder Structure - The number of shareholders is 8,419, with the top ten shareholders holding a total of 298 million shares, accounting for 70.97% of the total share capital [3] - The largest shareholder is Hangzhou Industrial Investment Group Co., Ltd., holding 37.13% of the shares [3] - The second-largest shareholder is T&K TOKA Co., Ltd., with a holding of 29.61% [3]