珠免集团(600185.SH)：2025年中报净利润为-2.74亿元，同比亏损缩小

Core Insights - The company reported a total operating revenue of 1.74 billion yuan for the first half of 2025 [1] - The net profit attributable to shareholders was -274 million yuan, an increase of 280 million yuan compared to the same period last year [1] - The company achieved a net cash inflow from operating activities of 223 million yuan [1] Financial Performance - The latest debt-to-asset ratio stands at 82.21% [1] - The gross profit margin is 36.17%, which is an increase of 26.50 percentage points year-on-year [1] - The return on equity (ROE) is -31.86% [1] - The diluted earnings per share are -0.15 yuan, an increase of 0.14 yuan compared to the same period last year [1] Efficiency Metrics - The total asset turnover ratio is 0.09 times, an increase of 0.02 times year-on-year, representing a 36.27% increase [1] - The inventory turnover ratio is 0.13 times, an increase of 0.04 times year-on-year, representing a 42.18% increase [1] Shareholder Information - The number of shareholders is 60,000, with the top ten shareholders holding 959 million shares, accounting for 50.89% of the total share capital [1]