QJSL(SH:600283) Zheng Quan Zhi Xing·2025-08-29 17:14Core Viewpoint - Qianjiang Water Development Co., Ltd. reported a slight increase in operating income but a significant decrease in net profit for the first half of 2025 compared to the previous year, indicating potential challenges in profitability despite stable revenue growth [1][2]. Financial Summary - Total assets at the end of the reporting period were approximately CNY 10.31 billion, a decrease of 6.44% from the previous year [1]. - Operating income for the reporting period was CNY 1.05 billion, reflecting a year-on-year increase of 3.59% [1]. - Total profit amounted to CNY 176.86 million, showing a slight increase from the previous year's CNY 175.90 million [1]. - Net profit attributable to shareholders was CNY 85.07 million, representing a significant decrease of 24.37% compared to the previous year's CNY 105.80 million [1]. - The net profit after deducting non-recurring gains and losses was not specified, but the cash flow from operating activities was positive [1]. - The weighted average return on equity decreased by 0.13 percentage points to 3.42% [1]. - Basic and diluted earnings per share were both CNY 0.19, down 20.83% from CNY 0.24 in the previous year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,476 [1]. - Major shareholders included China Water Investment Group Co., Ltd. with a 32.54% stake and Zhejiang New Energy Investment Group Co., Ltd. with a 5.67% stake [2]. - The report indicates that there are no significant relationships or concerted actions among the major shareholders, except for some identified connections [2].