Shanxi Huhua (SZ:003002) Zheng Quan Zhi Xing·2025-08-28 22:59Core Insights - The company Huahua Co., Ltd. (003002) reported a significant increase in revenue and net profit for the first half of 2025, with total revenue reaching 625 million yuan, up 28.36% year-on-year, and net profit attributable to shareholders at 95.73 million yuan, up 53.07% year-on-year [1] Financial Performance - Total revenue for Q2 2025 was 402 million yuan, reflecting a year-on-year increase of 30.13% - Net profit for Q2 2025 was 72.31 million yuan, showing a year-on-year increase of 48.18% - The gross profit margin was 42.03%, a slight decrease of 0.3% compared to the previous year - The net profit margin improved to 15.63%, an increase of 18.21% year-on-year [1] Cost Management - Total selling, administrative, and financial expenses amounted to 118 million yuan, accounting for 18.92% of revenue, which is a decrease of 13.52% year-on-year [1] Key Ratios - Earnings per share (EPS) increased to 0.48 yuan, a rise of 54.84% year-on-year - The company's return on invested capital (ROIC) was reported at 9.58%, indicating average capital returns [1] Balance Sheet Highlights - Cash and cash equivalents decreased to 187 million yuan, down 41.83% year-on-year - Accounts receivable increased to 393 million yuan, up 29.62% year-on-year, with accounts receivable reaching 280.87% of net profit [1][2] - Interest-bearing debt surged to 17.2 million yuan, a significant increase of 2112.18% year-on-year [1] Shareholder Value - The net asset value per share rose to 7.19 yuan, an increase of 11.61% year-on-year - Operating cash flow per share improved to 0.26 yuan, up 21.9% year-on-year [1]