Aurisco(SH:605116) Zheng Quan Zhi Xing·2025-08-29 22:41Core Viewpoint - The recent financial report of Aorite (605116) shows strong growth in revenue and net profit, indicating improved profitability and operational efficiency [1][2]. Financial Performance - As of the end of the reporting period, the company's total revenue reached 822 million yuan, a year-on-year increase of 12.5%, while the net profit attributable to shareholders was 235 million yuan, up 24.55% year-on-year [1]. - In the second quarter, total revenue was 420 million yuan, reflecting a 6.31% year-on-year growth, and the net profit attributable to shareholders was 115 million yuan, an increase of 8.53% year-on-year [1]. - The gross margin improved by 5.42% year-on-year to 60.11%, and the net margin increased by 10.72% to 28.58% [1]. - Total selling, administrative, and financial expenses amounted to 159 million yuan, accounting for 19.38% of revenue, which is a 9.01% increase year-on-year [1]. - Earnings per share (EPS) reached 0.58 yuan, a 26.09% increase year-on-year, and operating cash flow per share was 0.53 yuan, up 28.71% year-on-year [1]. Business Evaluation - The company's return on invested capital (ROIC) for the previous year was 13.26%, indicating strong capital returns [2]. - The net profit margin for the previous year was 24.04%, suggesting high added value in its products or services [2]. - Historical data shows that the median ROIC since the company went public is 13.26%, with the lowest ROIC recorded in 2017 at 8.99% [2]. Debt and Receivables - The company has a debt situation to monitor, with interest-bearing asset-liability ratio reaching 24.8% [3]. - The accounts receivable to profit ratio has reached 100.19%, indicating potential concerns regarding cash flow [3]. Fund Holdings - The largest fund holding Aorite is the Huaxia Zhuoxin One-Year Open-End Bond Initiated Fund, which holds 700,000 shares and has a total scale of 6.019 billion yuan [4]. - The fund's latest net value is 1.1317 as of August 29, with a slight decrease of 0.01% from the previous trading day, but it has increased by 6.35% over the past year [4].