XWXN(SH:688778) Xin Lang Cai Jing·2025-08-21 02:35Core Insights - The company, Xiamen Tungsten New Energy (688778.SH), reported a significant increase in both revenue and net profit for the first half of 2025, indicating strong financial performance [1][2] Financial Performance - Total revenue reached 7.534 billion yuan, an increase of 1.151 billion yuan compared to the same period last year, representing a year-on-year growth of 18.04% [1] - Net profit attributable to shareholders was 307 million yuan, up by 66.688 million yuan from the previous year, reflecting a year-on-year increase of 27.76% [1] - Operating cash flow showed a net inflow of 648 million yuan [1] Key Financial Ratios - The latest debt-to-asset ratio stands at 41.49% [2] - Gross margin is reported at 9.99%, which is an increase of 0.41 percentage points from the previous quarter and 0.42 percentage points from the same period last year, marking two consecutive years of growth [2] - Return on equity (ROE) is at 3.46%, an increase of 0.64 percentage points year-on-year [2] - Diluted earnings per share (EPS) is 0.61 yuan, up by 0.04 yuan from the previous year, representing a year-on-year increase of 7.02% [2] - Total asset turnover ratio is 0.49 times, an increase of 0.03 times year-on-year, reflecting a growth of 5.38% [2] - Inventory turnover ratio is reported at 2.30 times [2] Shareholder Structure - The number of shareholders is 14,700, with the top ten shareholders holding a total of 297 million shares, accounting for 70.55% of the total share capital [2] - The largest shareholder is Xiamen Tungsten Co., Ltd., holding 50.26% of the shares [2]