三友化工(600409.SH)：2025年中报净利润为7325.17万元、同比较去年同期下降77.64%

Core Insights - Sanyou Chemical (600409.SH) reported a total operating revenue of 9.562 billion yuan for the first half of 2025, ranking 8th among disclosed peers, which represents a decrease of 1.198 billion yuan or 11.13% year-on-year [1] - The net profit attributable to shareholders was 73.2517 million yuan, ranking 17th among peers, down by 254 million yuan or 77.64% compared to the same period last year [1] - The net cash flow from operating activities was -96.0487 million yuan, ranking 48th among peers, a decrease of 670 million yuan or 116.75% year-on-year [1] Financial Ratios - The latest debt-to-asset ratio is 41.55%, ranking 27th among peers, with an increase of 0.12 percentage points from the previous quarter and the same period last year [3] - The latest gross profit margin is 12.92%, ranking 26th among peers, with an increase of 0.29 percentage points from the previous quarter but a decrease of 4.70 percentage points year-on-year [3] - The latest return on equity (ROE) is 0.53%, ranking 32nd among peers, down by 1.86 percentage points compared to the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share is 0.04 yuan, ranking 31st among peers, a decrease of 0.12 yuan or 77.63% year-on-year [3] - The latest total asset turnover ratio is 0.37 times, ranking 13th among peers, a decrease of 0.05 times or 12.31% year-on-year [3] - The latest inventory turnover ratio is 5.21 times, ranking 25th among peers, a decrease of 0.66 times or 11.31% year-on-year [3] Shareholder Structure - The number of shareholders is 87,200, with the top ten shareholders holding 1.046 billion shares, accounting for 50.66% of the total share capital [3] - The largest shareholder is Tangshan Sanyou Alkali Industry (Group) Co., Ltd., holding 36.45% of the shares [3] - Other notable shareholders include Tangshan Sanyou Group Co., Ltd. with 8.10% and the National Social Security Fund with smaller stakes [3]