Core Viewpoint - The company is primarily engaged in the development, investment, construction, and management of renewable energy, particularly wind power [8]. Financial Performance - In the first half of 2025, the company's operating revenue was composed of 62.00 billion from wind power, with additional contributions from photovoltaic and other businesses [13]. - The year-on-year growth rates for operating revenue and net profit have shown fluctuations, with significant changes noted in the years 2020 to 2025 [10][12]. - The average return on equity for the first half of 2025 was 5.05%, a decrease of 0.36 percentage points compared to the same period last year [18]. Cash Flow Analysis - The net cash flow from operating activities for the first half of 2025 was 31.22 billion, while financing activities showed a net outflow of 3.74 billion, and investment activities had a net outflow of 25.58 billion [19]. Asset and Liability Changes - As of the first half of 2025, accounts receivable increased by 12.89%, while fixed assets decreased by 1.08%. Prepaid accounts rose by 28.91%, and cash and cash equivalents increased by 8.69% [27]. - Long-term borrowings increased by 15.27%, while short-term borrowings decreased by 27.18%. Other payables decreased by 14.24%, and accounts payable increased by 33.46% [30]. Financial Ratios - The company's current ratio and quick ratio both stood at 1.14 as of the first half of 2025, indicating a stable liquidity position [33].
大唐新能源：2025年中期净利润同比下降4.37% 拟每股派息0.03元