YYTM(SH:600655) Zheng Quan Zhi Xing·2025-08-25 16:20Core Viewpoint - Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. reported significant declines in revenue and profit for the first half of 2025, indicating potential challenges in its business operations and financial health [1]. Financial Performance - The company's total revenue for the reporting period was CNY 19.11 billion, a decrease of 30.68% compared to the previous year [1]. - The total profit for the period was a loss of CNY 77.96 million, representing a decline of 104.73% year-on-year [1]. - The net profit attributable to shareholders was CNY 62.81 million, down 94.50% from the previous year [1]. - The net assets attributable to shareholders at the end of the reporting period were CNY 119.32 billion, a slight decrease of 1.14% from the end of the previous year [1]. Shareholding Structure - The company has a significant concentration of ownership, with 17 entities collectively holding 59.74% of the shares, indicating a strong influence from major shareholders [3]. - Shanghai Fosun High Technology Group Co., Ltd. directly holds 2.10% of the company's shares and is part of a group of shareholders acting in concert [3]. Debt and Financial Ratios - The company's asset-liability ratio at the end of the reporting period was 68.18%, an increase from 67.82% at the end of the previous year [7]. - The EBITDA interest coverage ratio was reported at 1.10, down from 2.43 in the previous year, indicating a decline in the company's ability to cover interest expenses [7].