JIN LEI(SZ:300443) Zheng Quan Zhi Xing·2025-08-29 22:42Financial Performance - Company reported a total revenue of 1.283 billion yuan for the first half of 2025, representing a year-on-year increase of 79.85% [1] - Net profit attributable to shareholders reached 188 million yuan, up 153.34% year-on-year [1] - In Q2 2025, revenue was 778 million yuan, a 69.98% increase compared to the same quarter last year, with net profit of 132 million yuan, up 193.95% [1] Key Financial Metrics - Gross margin improved to 23.47%, an increase of 11.94% year-on-year [1] - Net margin rose to 14.63%, reflecting a year-on-year increase of 41.01% [1] - Total operating expenses (selling, administrative, and financial) amounted to 50.46 million yuan, accounting for 3.93% of revenue, down 25.97% year-on-year [1] Balance Sheet Highlights - Accounts receivable increased by 67.42% year-on-year, reaching 977.1 million yuan [1] - Cash and cash equivalents decreased by 35.56% to 801 million yuan [1] - Earnings per share (EPS) rose to 0.59 yuan, a significant increase of 158.95% year-on-year [1] Investment Insights - The company's return on invested capital (ROIC) was 2.4% last year, indicating a relatively weak capital return [3] - Historical data shows a median ROIC of 12.02% since the company went public, suggesting potential for better investment returns [3] - Analysts expect the company's performance in 2025 to reach 430 million yuan, with an average EPS forecast of 1.34 yuan [3] Fund Holdings - The largest fund holding shares of the company is the Fortune High-tech Industry Mixed Fund, with 1.2314 million shares newly entered the top ten holdings [4] - Other funds have shown varied movements, with some increasing their holdings while others have reduced their positions [4]