新相微(688593.SH)：2025年中报净利润为544.73万元，同比扭亏为盈

Core Insights - The company Xinxiang Microelectronics (688593.SH) reported a total revenue of 285 million yuan for the first half of 2025, marking an increase of 54.28 million yuan compared to the same period last year, representing a year-on-year growth of 23.48% [1] - The net profit attributable to shareholders reached 5.45 million yuan, an increase of 8.81 million yuan from the previous year [1] - The net cash inflow from operating activities was 33.15 million yuan, up by 80.88 million yuan year-on-year [1] Financial Performance - The latest asset-liability ratio stands at 17.73% [3] - The gross profit margin is 14.64%, which is an increase of 0.20 percentage points from the previous quarter [3] - The return on equity (ROE) is 0.35%, reflecting an increase of 0.57 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 0.01 yuan, an increase of 0.02 yuan from the previous year [3] - The total asset turnover ratio is 0.16 times, which is an increase of 0.03 times year-on-year, representing a growth of 20.97% [3] - The inventory turnover ratio is 0.98 times [3] Shareholder Structure - The number of shareholders is 12,000, with the top ten shareholders holding a total of 280 million shares, accounting for 60.85% of the total share capital [3] - The largest shareholder is New Vision Microelectronics Inc. with a holding of 16.68% [3] - Other significant shareholders include Beijing Electronics Holdings Co., Ltd. (12.30%) and Ke Hongxin (Hong Kong) Co., Ltd. (6.23%) [3]