中钨高新(000657.SZ)：2025年中报净利润为5.10亿元、同比较去年同期上涨8.70%

Core Insights - The company reported a total revenue of 7.849 billion yuan for the first half of 2025, ranking 4th among disclosed peers, with a year-on-year increase of 3.09% [1] - The net profit attributable to shareholders was 510 million yuan, ranking 5th among peers, reflecting an 8.70% year-on-year increase [1] - The company experienced a negative net cash flow from operating activities of 387 million yuan [1] Financial Performance - The latest debt-to-asset ratio is 46.92%, a decrease of 1.69 percentage points from the previous quarter and a decrease of 6.03 percentage points from the same period last year [3] - The latest gross profit margin is 21.18%, ranking 6th among peers, with an increase of 0.56 percentage points from the previous quarter and an increase of 6.27 percentage points year-on-year [3] - The return on equity (ROE) is 5.35%, ranking 5th among peers, with a year-on-year increase of 2.80 percentage points [3] - The diluted earnings per share (EPS) is 0.24 yuan, reflecting a year-on-year increase of 3.97% [3] - The total asset turnover ratio is 0.43 times, ranking 4th among peers, while the inventory turnover ratio is 1.58 times, ranking 6th [3] Shareholding Structure - The top shareholders include China Minmetals Corporation with 30.59% and Minmetals Tungsten Co., Ltd. with 29.53% [4] - The top ten shareholders hold a total of 1.580 billion shares, accounting for 69.34% of the total share capital [4] - The number of shareholders is approximately 46,800 [4]