Core Viewpoint - Hengbao Co., Ltd. reported a decline in both revenue and net profit for the first half of 2025 compared to the same period in the previous year, indicating potential challenges in its operational performance [3]. Financial Performance - Operating revenue for the reporting period was approximately 430.17 million yuan, down 8.64% from 470.84 million yuan in the previous year [3]. - Net profit attributable to shareholders was approximately 35.35 million yuan, a decrease of 44.41% from 63.60 million yuan year-on-year [3]. - The net profit after deducting non-recurring gains and losses was approximately 33.97 million yuan, with a significant increase in cash flow from operating activities, which reached approximately 5.98 million yuan, up 668.32% [3]. - Basic earnings per share were 0.0499 yuan, down 44.80% from 0.0904 yuan in the previous year [3]. - The weighted average return on net assets was 1.62%, a decrease of 1.31% from 2.93% [3]. Asset and Equity Position - Total assets at the end of the reporting period were approximately 2.38 billion yuan, down 1.87% from 2.42 billion yuan at the end of the previous year [3]. - Net assets attributable to shareholders were approximately 2.14 billion yuan, a slight decrease of 0.32% from 2.15 billion yuan [3]. Shareholder Information - The largest shareholder, Qian Jing, holds 18.95% of the shares, totaling approximately 134.21 million shares [5]. - Other notable shareholders include Kang Yihui with 1.14% and Barclays with 0.96% [5]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period [7].
恒宝股份: 2025年半年度报告摘要