普邦股份2025年中报简析：净利润同比下降662.51%

Financial Performance - The company reported a significant decline in net profit, with a year-on-year decrease of 662.51%, resulting in a net profit of -33.61 million yuan for the first half of 2025 [1] - Total operating revenue for the company was 820 million yuan, down 6.12% compared to the previous year, with a second-quarter revenue of 476 million yuan, reflecting a 10.41% decline [1] - The gross profit margin decreased to 7.18%, a reduction of 15.52% year-on-year, while the net profit margin fell to -4.15%, a drop of 711.51% [1] Key Financial Metrics - The company’s earnings per share (EPS) was -0.02 yuan, a staggering decrease of 690.91% year-on-year [1] - The operating cash flow per share was -0.11 yuan, down 133.63% compared to the previous year [1] - The company’s total liabilities decreased by 12.43%, with interest-bearing debt at 229 million yuan [1] Historical Performance - The company has shown poor historical financial performance, with a median Return on Invested Capital (ROIC) of -1.58% over the past decade, indicating low investment returns [3] - The company has reported losses in five out of twelve annual reports since its listing, suggesting a trend of underperformance [3]