ZJB(SH:601860) Sou Hu Cai Jing·2025-09-02 02:40Financial Performance - In the first half of 2025, the company's operating revenue was 2,392.666 million, showing a slight increase from 2,381.006 million in the same period of 2024 [1] - The total profit for the same period was 1,064.758 million, up from 1,045.583 million year-on-year [1] - The net profit attributable to shareholders was 912.482 million, compared to 911.411 million in the previous year [1] - The net profit after deducting non-recurring gains and losses was 908.187 million, slightly higher than 903.322 million in the previous year [1] - The net cash flow from operating activities was 1,295.694 million, a significant decline of 90.53% from 13,677.388 million in the previous year [1][21] Asset and Liability Changes - As of the end of the first half of 2025, the company's net assets attributable to shareholders increased to 20,381.258 million from 19,936.160 million at the end of the previous year [1] - The company's debt investments decreased by 18.03%, while loans and advances increased by 1.51% [27] - Customer deposits and interbank deposits rose by 2.48%, while borrowed funds decreased by 68.9% [29] Shareholder Structure - The top ten circulating shareholders as of the end of the first half of 2025 included a new shareholder, Hu Yongtang, replacing Suning Electric Group [32] - The shareholding of Hong Kong Central Clearing Limited increased, while Nanjing Zijin Investment Group's shareholding decreased [32] Valuation Metrics - As of the market close on August 29, the company's price-to-earnings (P/E) ratio was approximately 6.72 times, the price-to-book (P/B) ratio was about 0.54 times, and the price-to-sales (P/S) ratio was around 2.44 times [1]