SLC(SH:603648) Xin Lang Cai Jing·2025-08-29 01:57Core Viewpoint - Changlian Co., Ltd. (603648.SH) reported a decline in 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 739 million yuan, ranking 27th among disclosed peers, a decrease of 89.35 million yuan or 10.78% year-on-year [1]. - The net profit attributable to shareholders was 68.31 million yuan, ranking 19th among peers, down by 11.70 million yuan or 14.62% year-on-year [1]. - Operating cash flow was 100 million yuan, ranking 18th among peers, a decrease of 37.56 million yuan or 27.24% year-on-year [1]. Key Ratios - The latest debt-to-asset ratio was 26.94%, ranking 4th among peers, an increase of 4.98 percentage points from the previous quarter and 7.70 percentage points from the same period last year [3]. - The gross profit margin was 20.51%, ranking 8th among peers, an increase of 0.25 percentage points from the previous quarter and 0.49 percentage points year-on-year [3]. - Return on equity (ROE) was 3.78%, ranking 15th among peers, a decrease of 0.38 percentage points year-on-year [3]. Earnings Per Share and Turnover - The diluted earnings per share were 0.19 yuan, ranking 18th among peers, a decrease of 0.03 yuan or 13.95% year-on-year [3]. - The total asset turnover ratio was 0.29 times, ranking 29th among peers, a decrease of 0.05 times year-on-year [3]. - The inventory turnover ratio was 31.06 times, ranking 16th among peers, an increase of 19.11 times or 159.80% year-on-year [3]. Shareholder Structure - The number of shareholders was 21,400, with the top ten shareholders holding 211 million shares, accounting for 58.32% of the total share capital [3]. - The largest shareholder is the State-owned Assets Supervision and Administration Commission of Pudong New Area, holding 25.30% [3].