天玛智控(688570.SH)：2025年中报净利润为6951.57万元、同比较去年同期下降65.72%

Core Viewpoint - Tianma Zhikong (688570.SH) reported a significant decline in both revenue and net profit for the first half of 2025, indicating challenges in its operational performance compared to peers in the industry [1][3]. Financial Performance - The company's total revenue for the first half of 2025 was 652 million yuan, ranking 25th among disclosed peers, a decrease of 176 million yuan or 21.21% year-on-year [1]. - The net profit attributable to shareholders was 69.52 million yuan, ranking 19th among peers, down by 133 million yuan or 65.72% year-on-year [1]. - Operating cash flow showed a net outflow of 51.49 million yuan, ranking 53rd among peers, but improved by 9.47 million yuan compared to the previous year, marking two consecutive years of increase [1]. Key Ratios - The latest debt-to-asset ratio stood at 24.76%, ranking 18th among peers, with an increase of 0.32 percentage points from the previous quarter and 3.08 percentage points from the same period last year [3]. - The gross profit margin was 38.37%, ranking 17th among peers, down by 1.61 percentage points from the previous quarter and 9.57 percentage points year-on-year [3]. - Return on equity (ROE) was 1.63%, ranking 35th among peers, a decrease of 3.19 percentage points from the previous year [3]. - The diluted earnings per share were 0.16 yuan, ranking 31st among peers, down by 0.31 yuan or 65.96% year-on-year [3]. - The total asset turnover ratio was 0.11 times, ranking 50th among peers, a decline of 0.04 times or 25.80% year-on-year [3]. - The inventory turnover ratio was 0.66 times, ranking 42nd among peers, down by 0.04 times or 5.89% year-on-year [3]. Shareholder Information - The number of shareholders was 14,200, with the top ten shareholders holding 368 million shares, accounting for 84.92% of the total share capital [4].