Financial Performance - The company's operating revenue for the current reporting period is approximately 290.34 million yuan, a decrease from 348.22 million yuan in the same period last year, representing a decline of about 16.62% [1] - The net profit attributable to shareholders of the listed company is -15.42 million yuan, compared to a profit of 35.18 million yuan in the previous year, indicating a significant downturn [1] - The net profit after deducting non-recurring gains and losses is -18.26 million yuan, down from 30.80 million yuan year-on-year [1] - The basic and diluted earnings per share are both -0.15 yuan, compared to 0.34 yuan in the previous year [1] - The weighted average return on equity is -2.23%, a decrease from 5.18% in the same period last year [1] Cash Flow and Assets - The net cash flow from operating activities is -22.79 million yuan, a decrease of 42.88 million yuan compared to the previous year [24] - Total assets at the end of the reporting period amount to approximately 842.14 million yuan, down from 947.36 million yuan at the end of the previous year [1] - The net assets attributable to shareholders are approximately 671.31 million yuan, a decrease from 704.05 million yuan at the end of the previous year [1] Market Valuation - As of August 27, the company's price-to-earnings ratio (TTM) is approximately 201.44 times, the price-to-book ratio (LF) is about 5.94 times, and the price-to-sales ratio (TTM) is around 5.11 times [1] Shareholder Changes - The top ten circulating shareholders include new shareholders Zhang Qiongfang, Zeng Qiyuan, and Nuoan Multi-Strategy Equity Fund, replacing previous shareholders such as Goldman Sachs and Barclays Bank [45] - Notably, 26.57% of the company's shares are under pledge, with the largest shareholder Wu Ning pledging 18.30 million shares, accounting for 60.24% of his total holdings [45] Inventory and Liabilities - As of the end of the first half of 2025, the company's inventory value is 152 million yuan, accounting for 22.64% of net assets, with an increase of 23.45 million yuan [40] - The company has seen a 33.41% decrease in accounts payable, while contract liabilities have increased by 74.43% [37] Financial Ratios - The current ratio is 3.86, and the quick ratio is 2.93, indicating a strong liquidity position [42]
开创电气：2025年上半年实现营业总收入2.9亿元