湘潭电化(002125.SZ)：2025年中报净利润为1.26亿元、同比较去年同期下降18.21%

Core Viewpoint - Xiangtan Electric Chemical (002125.SZ) reported a mixed performance in its 2025 mid-year financial results, with revenue growth but a decline in net profit and cash flow [1][2]. Financial Performance - The company's total revenue reached 897 million yuan, ranking 49th among disclosed peers, an increase of 41.03 million yuan or 4.79% year-on-year [1]. - The net profit attributable to shareholders was 126 million yuan, ranking 20th among peers, a decrease of 28.03 million yuan or 18.21% year-on-year [1]. - Net cash flow from operating activities was 103 million yuan, ranking 29th among peers, down by 66.61 million yuan or 39.35% year-on-year [1]. Financial Ratios - The latest debt-to-asset ratio stood at 41.23%, ranking 29th among peers, an increase of 4.23 percentage points from the previous quarter and 0.46 percentage points from the same period last year [1]. - The latest gross profit margin was 27.44%, ranking 12th among peers, an increase of 2.58 percentage points from the previous quarter but a decrease of 3.68 percentage points year-on-year [1]. - The latest return on equity (ROE) was 4.12%, ranking 16th among peers, down by 1.31 percentage points year-on-year [1]. Earnings Per Share and Turnover Ratios - The diluted earnings per share were 0.20 yuan, ranking 30th among peers, a decrease of 0.04 yuan or 16.67% year-on-year [2]. - The total asset turnover ratio was 0.18 times, ranking 56th among peers, remaining flat year-on-year but up by 1.73% compared to the same period last year [2]. - The inventory turnover ratio was 1.59 times, ranking 51st among peers, an increase of 0.10 times, marking three consecutive years of growth and a year-on-year increase of 7.05% [2]. Shareholder Structure - The number of shareholders was 77,800, with the top ten shareholders holding 303 million shares, accounting for 48.08% of the total share capital [2]. - The largest shareholder is Xiangtan Electric Chemical Group Co., Ltd., holding 29.5% of shares [2].