Arcplus(SH:600629) Xin Lang Cai Jing·2025-08-29 11:25Core Insights - The company reported a revenue of 2.977 billion yuan for the first half of 2025, a year-on-year decrease of 17.25% [1] - The net profit attributable to shareholders was 137 million yuan, down 26.84% year-on-year, with a non-recurring net profit of 83.3 million yuan, a decline of 54.60% [1] - Basic earnings per share stood at 0.14 yuan, with a weighted average return on equity of 2.58% [1] Financial Performance - The gross profit margin for the first half of 2025 was 22.55%, a decrease of 1.09 percentage points year-on-year, while the net profit margin was 4.67%, down 0.78 percentage points from the previous year [1] - In Q2 2025, the gross profit margin was 22.07%, a year-on-year decline of 1.13 percentage points and a quarter-on-quarter decrease of 1.09 percentage points; the net profit margin was 4.63%, down 0.98 percentage points year-on-year and 0.09 percentage points quarter-on-quarter [1] Expense Management - Total operating expenses for the first half of 2025 were 498 million yuan, a reduction of 110 million yuan compared to the same period last year, with an expense ratio of 16.72%, down 0.17 percentage points year-on-year [2] - Sales expenses decreased by 17.88%, management expenses fell by 18.16%, and R&D expenses dropped by 27.43%, while financial expenses increased by 119.97% [2] Shareholder Information - As of the end of the first half of 2025, the total number of shareholders was 42,300, a decrease of 5,244 households, representing an 11.02% decline; the average market value per household increased from 160,700 yuan to 193,300 yuan, a growth of 20.23% [2] Company Overview - The company, established on June 12, 1992, and listed on February 9, 1993, is based in Shanghai and focuses on providing high-quality integrated solutions for urban and rural construction, with main business revenue sources including engineering design (51.39%), engineering contracting (38.36%), and engineering consulting and management (9.87%) [2]