CATEC(SH:600879) Zheng Quan Zhi Xing·2025-08-27 11:16Core Viewpoint - The report indicates a decline in key financial metrics for Aerospace Times Electronics Technology Co., Ltd. in the first half of 2025, with significant decreases in revenue and profit compared to the previous year [1][2]. Financial Performance - Total assets at the end of the reporting period amounted to ¥47.83 billion, reflecting a 3.40% increase from the previous year [1]. - Operating revenue for the period was ¥5.82 billion, down 24.51% from ¥7.71 billion in the same period last year [1]. - Total profit decreased by 38.13%, from ¥320.62 million to ¥198.38 million [1]. - Net profit attributable to shareholders fell by 18.90%, from ¥185.59 million to ¥150.51 million [1]. - The cash flow from operating activities showed a negative value of ¥3.37 billion, worsening by 9.69% compared to the previous year [1]. - Basic and diluted earnings per share decreased by 30.37%, from ¥0.076 to ¥0.053 [1]. Shareholder Information - The largest shareholder is China Aerospace Times Electronics Co., Ltd., holding 17.78% of shares [2]. - Other significant shareholders include the National Manufacturing Transformation and Upgrade Fund and the National Industrial Investment Fund, holding 4.25% and 2.13% respectively [2]. - A total of 154,399 shareholders were recorded at the end of the reporting period [1]. Debt and Financial Ratios - The debt-to-asset ratio at the end of the reporting period was 49.44%, an increase from 47.84% the previous year [3]. - The EBITDA interest coverage ratio was reported at 5.41, down from 6.47 in the previous year [3].