长光华芯(688048.SH)：2025年中报净利润为897.45万元，同比扭亏为盈

Core Insights - The company, Changguang Huaxin (688048.SH), reported a significant increase in revenue and net profit for the first half of 2025, with total revenue reaching 214 million yuan, up 68.08% year-on-year, and net profit attributable to shareholders at 8.97 million yuan, an increase of 5.15 million yuan compared to the same period last year [1][3]. Financial Performance - Total revenue for the company was 214 million yuan, an increase of 86.70 million yuan compared to the same period last year, reflecting a year-on-year growth of 68.08% [1]. - The net profit attributable to shareholders was 8.97 million yuan, which is an increase of 5.15 million yuan from the previous year [1]. - The company reported a negative cash flow from operating activities of -28.06 million yuan [1]. Profitability Metrics - The latest asset-liability ratio is 9.88%, a decrease of 0.05 percentage points from the previous quarter [3]. - The gross profit margin improved to 33.26%, an increase of 4.54 percentage points from the previous quarter and up 7.05 percentage points year-on-year [3]. - The return on equity (ROE) stands at 0.30%, which is an increase of 1.70 percentage points compared to the same period last year [3]. Efficiency Ratios - The diluted earnings per share (EPS) is 0.05 yuan, an increase of 0.29 yuan from the same period last year [4]. - The total asset turnover ratio is 0.06 times, an increase of 0.03 times year-on-year, reflecting a growth of 71.81% [4]. - The inventory turnover ratio is 0.77 times, an increase of 0.29 times from the previous year, marking a 61.04% year-on-year growth [4]. Shareholder Structure - The number of shareholders is 14,500, with the top ten shareholders holding 103 million shares, accounting for 58.55% of the total share capital [4]. - The largest shareholder is Suzhou Huafeng Investment Center (Limited Partnership) with a holding of 18.38% [4].