GPED(SZ:000429) Zheng Quan Zhi Xing·2025-08-29 22:42Financial Performance - The company reported total revenue of 2.118 billion yuan for the first half of 2025, a decrease of 5.06% year-on-year [1] - The net profit attributable to shareholders was 1.057 billion yuan, an increase of 23.58% year-on-year [1] - In Q2 2025, total revenue was 1.068 billion yuan, down 3.47% year-on-year, while net profit was 400 million yuan, down 8.07% year-on-year [1] - The gross margin increased by 0.24% to 68.2%, and the net margin increased by 33.36% to 67.98% [1] - Earnings per share rose to 0.51 yuan, a 24.39% increase year-on-year [1] Financial Ratios - The company's return on invested capital (ROIC) was 10.82%, indicating average capital returns [3] - The net profit margin was reported at 46.02%, reflecting high added value in products or services [3] - The company's cash assets are considered very healthy, with a debt-to-asset ratio of 33.07% [3] Shareholder Information - Major funds holding shares in the company include Zhongyou Core Growth Mixed A, which reduced its holdings, and Huabao Dividend Selected Mixed A, which entered the top ten holdings [4] - The largest fund holding is Zhongyou Core Growth Mixed A, with a scale of 2.609 billion yuan [4] Project Developments - The company has completed the Huizhou-Yanjiang Expressway expansion and is applying for a fee adjustment [5] - The Jiangzhong Expressway expansion has been completed and new fee standards have been executed since June 13, 2025 [5] - The Yuezhao Expressway expansion is scheduled for completion by the end of 2027, with fee adjustments to follow government approval [5]