Financial Performance - The company reported total revenue of 103 million yuan for the first half of 2025, a decrease of 1.5% year-on-year [1] - The net profit attributable to shareholders was 36.175 million yuan, an increase of 3.75% year-on-year [1] - In Q2 2025, total revenue was 72.5187 million yuan, up 3.89% year-on-year, while net profit was 26.4227 million yuan, up 2.52% year-on-year [1] - The gross margin increased by 0.94% to 63.6%, and the net margin increased by 5.33% to 35.06% [1] Cost and Efficiency - Total selling, administrative, and financial expenses amounted to 11.6352 million yuan, accounting for 11.28% of revenue, an increase of 8.19% year-on-year [1] - The company’s cash flow per share improved significantly, reaching 0.02 yuan, a 117.24% increase year-on-year [1] Asset and Liability Management - The company’s cash assets were reported at 781 million yuan, a 49.11% increase year-on-year [1] - Accounts receivable decreased by 9.96% to 72.8581 million yuan [1] - Interest-bearing liabilities decreased by 44.24% to 990,600 yuan [1] Investment Returns - The company's return on invested capital (ROIC) was 5.82%, indicating average capital returns [3] - The historical median ROIC since the company’s listing is 10.78%, with the lowest ROIC recorded in 2022 at 4.4% [3] Fund Holdings - The largest fund holding the company’s shares is Xiangcai Growth Preferred Mixed A, with 180,000 shares, which has reduced its holdings [4] - Xiangcai Innovation Growth Mixed A has newly entered the top ten holdings with 150,000 shares [4]
鸥玛软件2025年中报简析：净利润同比增长3.75%，盈利能力上升