BIEM(SZ:002832) Sou Hu Cai Jing·2025-08-25 10:03Core Viewpoint - The financial performance of Biyinlefen (002832) shows a slight increase in revenue but a decline in net profit, indicating potential challenges in profitability despite stable revenue growth [1]. Financial Performance - As of the first quarter of 2025, Biyinlefen reported total revenue of 1.286 billion yuan, a year-on-year increase of 1.41% [1]. - The net profit attributable to shareholders was 331 million yuan, reflecting a year-on-year decrease of 8.47% [1]. - The non-recurring net profit was 320 million yuan, down 8.68% year-on-year [1]. - The company's liquidity ratios are strong, with a current ratio of 2.969 and a quick ratio of 2.337 [1]. - The debt-to-asset ratio stands at 25.54%, indicating a relatively low level of financial leverage [1]. Market Activity - On August 25, 2025, Biyinlefen's stock closed at 16.59 yuan, up 1.1%, with a turnover rate of 3.81% [1]. - The trading volume was 148,400 hands, with a transaction amount of 245 million yuan [1]. - There was a net inflow of main funds amounting to 13.627 million yuan, accounting for 5.57% of the transaction amount [1]. - Large orders contributed significantly to the net inflow, with 3.582 million yuan from super large orders and 10.045 million yuan from large orders [1]. Company Background - Biyinlefen Garment Co., Ltd. was established in 2003 and is based in Guangzhou, primarily engaged in the textile and apparel industry [2]. - The company has a registered capital of 5.707 billion yuan, which is also its paid-in capital [1]. - The legal representative of the company is Xie Bingzheng [1]. Investment and Intellectual Property - Biyinlefen has made investments in five external companies and participated in 57 bidding projects [2]. - The company holds 738 trademark registrations and 287 patents, along with 104 administrative licenses [2].