吉鑫科技2025年中报简析:营收净利润同比双双增长,盈利能力上升

Group 1 - The core viewpoint of the article highlights the strong financial performance of Jixin Technology (601218) in its 2025 mid-year report, with significant increases in revenue and net profit [1] - The total operating revenue reached 715 million yuan, a year-on-year increase of 23.2%, while the net profit attributable to shareholders was 81.56 million yuan, up 143.18% year-on-year [1] - In Q2, the operating revenue was 377 million yuan, reflecting a 9.65% year-on-year growth, and the net profit for the quarter was 39.55 million yuan, an increase of 86.55% year-on-year [1] Group 2 - The company's gross profit margin improved by 38.95% year-on-year, reaching 26.16%, while the net profit margin increased by 97.73% to 11.41% [1] - Total selling, administrative, and financial expenses amounted to 29.76 million yuan, accounting for 4.16% of revenue, which is a decrease of 14.75% year-on-year [1] - Earnings per share rose significantly by 145.48% to 0.08 yuan, while operating cash flow per share decreased by 37.66% to 0.12 yuan [1] Group 3 - The company's return on invested capital (ROIC) was 1.51%, indicating a weak capital return, with a historical median ROIC of 4.27% over the past decade [2] - The net profit margin last year was 2.47%, suggesting low added value for the company's products or services [2] - The company has a healthy cash asset position, which is crucial for its debt repayment capability [2] Group 4 - The accounts receivable situation is concerning, with accounts receivable to profit ratio reaching 2002.5% [3]