Xin Lang Cai Jing·2025-08-25 03:06Core Viewpoint - *ST Haichin (600753.SH) reported significant growth in revenue and net profit for the first half of 2025, indicating a positive trend in financial performance despite negative cash flow from operating activities [1][3]. Financial Performance - As of June 30, 2025, *ST Haichin's total operating revenue reached 325 million yuan, an increase of 109 million yuan compared to the same period last year, representing a year-on-year growth of 50.38% [1]. - The net profit attributable to shareholders was 7.4687 million yuan, an increase of 44.0571 million yuan from the previous year [1]. - The company reported a negative net cash flow from operating activities of -13.8024 million yuan [1]. Profitability Metrics - The latest asset-liability ratio stood at 98.67%, a decrease of 3.58 percentage points from the previous quarter [3]. - The gross profit margin was 5.24%, an increase of 3.83 percentage points from the previous quarter and up 4.61 percentage points year-on-year [3]. - Return on equity (ROE) was reported at 185.37%, an increase of 203.58 percentage points compared to the same period last year [3]. Earnings and Efficiency - The diluted earnings per share were 0.03 yuan, an increase of 0.19 yuan from the same period last year [4]. - The total asset turnover ratio was 1.39 times, an increase of 0.84 times year-on-year, reflecting a growth of 154.44% [4]. - The inventory turnover ratio was reported at 4.69 times [4]. Shareholder Structure - The number of shareholders was 12,600, with the top ten shareholders holding a total of 123 million shares, accounting for 53.36% of the total share capital [4]. - The largest shareholder, Zhejiang Haixin Energy Co., Ltd., holds 25.00% of the shares [4].