SYG(SZ:300740) Sou Hu Cai Jing·2025-09-10 07:55Core Insights - Water Goat Co., Ltd. (SZ300740) reported a revenue of 2.5 billion yuan for the first half of 2025, representing a year-on-year growth of 9.02% and a net profit attributable to shareholders of 123 million yuan, up 16.54% year-on-year [1][2]. Financial Performance - The company's self-owned brand generated revenue of 1.04 billion yuan, accounting for 41.55% of total revenue, with a gross margin of 76.83%, an increase of 5.7 percentage points year-on-year [1]. - The net cash flow from operating activities reached 166 million yuan, a significant increase of 368.97% compared to the previous year [2]. - Basic earnings per share rose to 0.3190 yuan, reflecting a 17.41% increase, while diluted earnings per share increased by 16.60% to 0.3055 yuan [2]. - The weighted average return on equity improved to 5.76%, up 0.79 percentage points from the previous year [2]. Assets and Equity - Total assets at the end of the reporting period were approximately 4.21 billion yuan, a decrease of 1.02% from the end of the previous year [2]. - The net assets attributable to shareholders increased by 2.60% to approximately 2.15 billion yuan [2]. Executive Compensation - The chairman and general manager, Dai Yuefeng, saw a substantial salary increase, with compensation rising to 1.379 million yuan in 2024, a 303% increase year-on-year [3][4]. - Dai's salary over the years has shown fluctuations, with the average industry salary being significantly higher than his previous earnings [4].