Financial Performance - Company reported total revenue of 376 million yuan, an increase of 6.74% year-on-year, but net profit attributable to shareholders was -19.35 million yuan, a decrease of 1760.08% [1] - In Q2, total revenue was 180 million yuan, a decline of 1.27% year-on-year, with net profit attributable to shareholders at -8.60 million yuan, a drop of 766.05% [1] - Gross margin was 8.68%, down 37.76% year-on-year, while net margin was -6.12%, a decrease of 990.54% [1] Cost and Expenses - Total selling, administrative, and financial expenses amounted to 25.07 million yuan, accounting for 6.67% of revenue, a decrease of 2.18% year-on-year [1] - Financial expenses decreased by 844.23% due to increased exchange gains [2] - Income tax expenses decreased by 515.64% as a result of increased losses [2] Cash Flow and Assets - Operating cash flow per share was 0.02 yuan, an increase of 112.55% year-on-year [1] - Net cash flow from operating activities increased by 112.55% due to reduced cash payments for goods and services [2] - Cash and cash equivalents increased by 51.06% due to decreased cash payments for goods and services [2] Investment Returns - Historical median ROIC since listing is 7.81%, indicating average investment returns, with the worst year being 2024 at -3.88% [3] - Company has reported a net profit margin of -4.92% last year, suggesting low added value in products or services [3] Financial Health Indicators - Cash flow situation is concerning, with monetary funds to current liabilities ratio at 55.61% and average operating cash flow to current liabilities ratio at 13.56% over the past three years [4]
中捷精工2025年中报简析：增收不增利