Xingtong Shipping(SH:603209) Sou Hu Cai Jing·2025-08-25 11:54Core Viewpoint - Xingtong Co., Ltd. (兴通股份) has shown a mixed financial performance with a slight increase in revenue but a significant decrease in net profit, indicating potential challenges ahead for the company [1]. Financial Performance - As of the latest interim report for 2025, the company reported total revenue of 787 million yuan, representing a year-on-year growth of 1.99% [1]. - The net profit attributable to shareholders was 136 million yuan, reflecting a year-on-year decrease of 24.80% [1]. - The non-recurring net profit was 132 million yuan, down 26.35% year-on-year [1]. - The company's liquidity ratios are as follows: current ratio at 1.734 and quick ratio at 1.673, with a debt-to-asset ratio of 34.84% [1]. Market Activity - On August 25, 2025, Xingtong Co., Ltd. closed at 15.42 yuan, down 0.58%, with a turnover rate of 2.32% and a trading volume of 65,000 hands, amounting to a transaction value of 100 million yuan [1]. - The net outflow of main funds was 15.39 million yuan, accounting for 15.35% of the transaction value, with significant outflows from large orders [1]. Company Background - Xingtong Co., Ltd. was established in 1997 and is primarily engaged in the maritime transportation industry, located in Quanzhou [2]. - The company has a registered capital of 325 million yuan and a paid-in capital of 101.52 million yuan [2]. - The legal representative of the company is Chen Xingming [1]. Investment and Intellectual Property - The company has made investments in five enterprises and participated in 42 bidding projects [2]. - Xingtong Co., Ltd. holds 18 trademark registrations and 29 patents, along with 87 administrative licenses [2].