Hangcha (SH:603298) Xin Lang Cai Jing·2025-08-22 02:21Core Viewpoint - Hangcha Group (603298.SH) reported a continuous growth in revenue and net profit for the first half of 2025, indicating strong operational performance and financial health [1][3]. Financial Performance - The company's total operating revenue reached 9.302 billion yuan, an increase of 748 million yuan compared to the same period last year, marking a year-on-year growth of 8.74% [1]. - The net profit attributable to shareholders was 1.121 billion yuan, up by 115 million yuan year-on-year, reflecting an 11.38% increase [1]. - Operating cash flow was recorded at 351 million yuan [1]. Profitability Metrics - The latest gross profit margin stood at 21.96%, an increase of 1.44 percentage points from the previous quarter and 0.55 percentage points from the same period last year, achieving three consecutive years of growth [3]. - The return on equity (ROE) was reported at 10.34% [3]. - The diluted earnings per share were 0.86 yuan, an increase of 0.09 yuan year-on-year, representing an 11.69% growth [3]. Balance Sheet Strength - The latest debt-to-asset ratio was 34.63%, a decrease of 0.36 percentage points from the previous quarter and 0.26 percentage points from the same period last year [3]. - The total asset turnover ratio was 0.55 times, and the inventory turnover ratio was 2.87 times [4]. Shareholder Structure - The number of shareholders was 17,300, with the top ten shareholders holding 945 million shares, accounting for 72.11% of the total share capital [4]. - Major shareholders include Zhejiang Hangcha Holding Co., Ltd. (41.13%) and Hangzhou Industrial Investment Group Co., Ltd. (20.39%) [4].