Zheng Quan Zhi Xing·2025-08-29 12:18Company Overview - China Metallurgical Group Corporation (MCC) reported total assets of RMB 857.41 billion at the end of the reporting period, an increase of 6.11% compared to the previous year [1] - The net assets attributable to shareholders decreased by 1.25% to RMB 151.13 billion [1] Financial Performance - The company's operating revenue for the first half of the year was RMB 237.53 billion, representing a decrease of 20.52% year-on-year [1] - Total profit for the period was RMB 5.28 billion, down 7.08% from the previous year [1] - Net profit attributable to shareholders was RMB 3.10 billion, a decline of 25.31% compared to the same period last year [1] - The net cash flow from operating activities was negative at RMB -21.98 billion [1] - The weighted average return on equity decreased by 0.63 percentage points to 1.72% [1] - Basic and diluted earnings per share were both RMB 0.09, down 18.18% from RMB 0.11 [1] Shareholder Structure - The top shareholder is China Minmetals Corporation, holding 44.26% of the shares [2] - Other significant shareholders include Hong Kong Central Clearing Limited and China National Petroleum Corporation, holding 13.75% and 5.92% respectively [2] Debt Instruments - The company has issued medium-term notes with various maturities, including notes maturing in 2025 and 2026 [4][5] - The debt instruments are part of the company's financing strategy to manage its capital structure [6] Key Financial Ratios - The company's asset-liability ratio was reported at 78.94%, an increase from 77.43% in the previous year [6] - The interest coverage ratio was 4.14, indicating the company's ability to meet interest obligations [6]