Henghe Mould(SZ:300539) Zheng Quan Zhi Xing·2025-08-29 22:41Financial Performance - The company reported a total revenue of 456 million yuan for the first half of 2025, representing a year-on-year increase of 34.15% [1] - The net profit attributable to shareholders reached 27.02 million yuan, up 79.04% year-on-year [1] - In Q2 2025, total revenue was 253 million yuan, showing a 45.76% increase compared to the same quarter last year [1] - The net profit for Q2 2025 was 15.84 million yuan, reflecting a significant year-on-year growth of 127.2% [1] Key Financial Ratios - Gross margin stood at 19.58%, a decrease of 2.66% year-on-year [1] - Net margin improved to 6.07%, an increase of 39.07% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 37.13 million yuan, accounting for 8.14% of revenue, down 15.5% year-on-year [1] Balance Sheet Highlights - Accounts receivable increased to 379 million yuan, with a year-on-year growth of 43.06% [1] - Interest-bearing debt rose to 440 million yuan, marking a 27.07% increase year-on-year [1] - Cash and cash equivalents were reported at 63.81 million yuan, a 5.85% increase from the previous year [1] Earnings Per Share - Earnings per share (EPS) increased to 0.12 yuan, up 71.43% year-on-year [1] - Operating cash flow per share reached 0.16 yuan, a substantial increase of 470.65% year-on-year [1] - Net asset value per share was reported at 2.55 yuan, reflecting a 6.22% increase year-on-year [1] Business Model and Market Focus - The company's business model is primarily driven by research and development [3] - The precision injection molding products in the automotive sector are mainly targeted at the domestic market, serving major domestic automotive manufacturers and suppliers [4]