Zheng Quan Zhi Xing·2025-08-27 05:25Group 1 - The core viewpoint of the article highlights that *ST Huifeng (002496) has experienced revenue growth but significant profit decline in its 2025 mid-year report, indicating a challenging financial situation [1] - The company's total operating revenue reached 157 million yuan, a year-on-year increase of 42.6%, while the net profit attributable to shareholders was 11.47 million yuan, a year-on-year decrease of 67.02% [1] - The gross profit margin was reported at 10.01%, down 65.83% year-on-year, and the net profit margin was 5.58%, down 82.21% year-on-year, reflecting deteriorating profitability [1] Group 2 - The company reported a significant increase in sales expenses, management expenses, and financial expenses totaling 57.27 million yuan, which accounted for 36.47% of revenue, a decrease of 42.54% year-on-year [1] - The earnings per share (EPS) decreased to 0.01 yuan, down 67.1% year-on-year, indicating a decline in shareholder returns [1] - The company's historical financial performance has been poor, with a median return on invested capital (ROIC) of -8.51% over the past decade, and a particularly low ROIC of -23.34% in 2023 [3]