瑞茂通: 瑞茂通2025年半年度报告摘要

Core Viewpoint - 瑞茂通供应链管理股份有限公司 reported a significant decline in financial performance for the first half of 2025, with a notable drop in revenue and net profit compared to the previous year [1][2]. Financial Performance Summary - Total assets as of June 30, 2025, amounted to CNY 29.23 billion, a decrease of 6.40% from the previous year-end [1]. - Operating revenue for the reporting period was CNY 9.46 billion, reflecting a decrease of 34.16% compared to CNY 14.37 billion in the same period last year [1]. - Total profit for the period was CNY 78.04 million, down 62.56% from CNY 208.41 million year-on-year [1]. - Net profit attributable to shareholders was CNY 48.86 million, a decline of 74.50% from CNY 191.64 million in the previous year [1]. - The net cash flow from operating activities was negative at CNY -203.47 million, slightly improved from CNY -209.09 million in the previous year [1]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.10 per share (before tax) to all shareholders, totaling CNY 10.78 million for the half-year period [1]. Shareholder Information - As of the reporting period, the total number of shareholders was 34,329 [2]. - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., holds 51.02% of the shares, with a total of 554.44 million shares [2]. - Other significant shareholders include Shanghai Yuhui Investment Management Center (8.22%) and Wan Yongxing (2.88%) [2]. Debt and Financial Ratios - The company's debt-to-asset ratio was reported at 72.79%, a slight improvement from 74.58% at the end of the previous year [4]. - The EBITDA interest coverage ratio was 1.80, down from 2.92 in the previous year [4].