CATEC(SH:600879) Xin Lang Cai Jing·2025-08-28 02:34Core Insights - Aerospace Electronics (600879.SH) reported a total operating revenue of 5.822 billion yuan for the first half of 2025, ranking first among disclosed peers, but this represents a decrease of 1.890 billion yuan, or 24.51%, compared to the same period last year [1] - The company's net profit attributable to shareholders was 174 million yuan, ranking second among peers, with a decline of 75.76 million yuan, or 30.37%, year-on-year [1] - The net cash flow from operating activities was -3.371 billion yuan, ranking sixth among peers, with a decrease of 298 million yuan compared to the same period last year [1] Financial Ratios - The latest debt-to-asset ratio is 49.44%, ranking sixth among peers, which is an increase of 1.75 percentage points from the previous quarter but a decrease of 1.92 percentage points year-on-year [3] - The latest gross profit margin is 20.51%, ranking fifth among peers, showing a decrease of 6.10 percentage points from the previous quarter but an increase of 1.07 percentage points year-on-year, marking three consecutive years of growth [3] - The latest return on equity (ROE) is 0.84%, ranking fourth among peers, which is a decrease of 0.38 percentage points compared to the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share is 0.05 yuan, ranking third among peers, with a decrease of 0.02 yuan, or 30.26%, year-on-year [3] - The latest total asset turnover ratio is 0.12 times, ranking second among peers, which is a decrease of 0.04 times year-on-year, or a decline of 23.30% [3] - The latest inventory turnover ratio is 0.22 times, ranking sixth among peers, with a decrease of 0.09 times year-on-year, or a decline of 28.97% [3] Shareholder Structure - The number of shareholders is 154,400, with the top ten shareholders holding 1.153 billion shares, accounting for 34.95% of the total share capital [3] - The largest shareholder is China Aerospace Times Electronics Co., Ltd., holding 17.78% of the shares [3]