海象新材上半年营收6.04亿元同比降12.10%，归母净利润6494.72万元同比增1099.05%，毛利率下降1.14个百分点

Group 1 - The core viewpoint of the article highlights that Haixiang New Materials reported a decline in revenue but a significant increase in net profit for the first half of 2025 [1] - The company's operating revenue for the first half of 2025 was 604 million yuan, a year-on-year decrease of 12.10%, while the net profit attributable to shareholders was 64.95 million yuan, a year-on-year increase of 1099.05% [1] - The basic earnings per share for the reporting period was 0.64 yuan, with a weighted average return on equity of 4.54% [1] Group 2 - The gross profit margin for the first half of 2025 was 24.94%, a decrease of 1.14 percentage points year-on-year, while the net profit margin was 10.76%, an increase of 9.97 percentage points compared to the same period last year [1] - In the second quarter of 2025, the gross profit margin was 27.21%, a year-on-year decrease of 1.05 percentage points but an increase of 5.05 percentage points quarter-on-quarter; the net profit margin was 12.10%, up 13.55% year-on-year and 3.00% quarter-on-quarter [1] - The company’s total expenses for the first half of 2025 were 86.73 million yuan, a decrease of 31.49 million yuan year-on-year, with an expense ratio of 14.36%, down 2.85 percentage points from the previous year [2] Group 3 - The company’s main business involves the research, production, and sales of PVC flooring, with revenue composition being 67.57% from SPC flooring, 16.60% from LVT flooring, 13.45% from WPC flooring, and 2.39% from other products [2] - As of the end of the first half of 2025, the total number of shareholders was 11,400, an increase of 2,098 households or 22.58% from the previous quarter [2] - The company is classified under the Shenwan industry as light industry manufacturing - household goods - tiles and flooring, and is associated with concepts such as micro-cap stocks, small-cap, pre-profit growth, share buybacks, and overseas expansion [2]