恒锋工具(300488.SZ)：2025年中报净利润为7553.94万元、较去年同期上涨18.25%

Core Insights - Hengfeng Tools (300488.SZ) reported a total operating revenue of 338 million yuan for the first half of 2025, an increase of 50.8 million yuan compared to the same period last year, marking a 17.71% year-on-year growth, achieving five consecutive years of revenue increase [1] - The net profit attributable to shareholders reached 75.54 million yuan, up by 11.66 million yuan from the same period last year, reflecting an 18.25% year-on-year increase, continuing a two-year upward trend [1] Financial Performance - The latest asset-liability ratio stands at 27.15%, a decrease of 6.21 percentage points compared to the same period last year [2] - The gross profit margin is reported at 44.73%, an increase of 2.27 percentage points from the previous quarter [2] - Return on equity (ROE) is at 4.53%, up by 0.17 percentage points year-on-year [2] - The diluted earnings per share (EPS) is 0.45 yuan, an increase of 0.06 yuan compared to the same period last year, representing a 15.38% year-on-year growth, achieving two consecutive years of increase [2] Operational Efficiency - The total asset turnover ratio is 0.15 times [2] - The inventory turnover ratio is 1.26 times, an increase of 0.12 times compared to the same period last year, achieving five consecutive years of growth with a year-on-year increase of 10.58% [2] Shareholder Structure - The number of shareholders is 14,500, with the top ten shareholders holding 129 million shares, accounting for 74.71% of the total share capital [2] - Major shareholders include Hengfeng Holdings Limited (47.30%), Chen Erong (8.34%), and Chen Ziyan (8.34%) [2]