Core Viewpoint - The company primarily engages in the exploration, development, production, and sales of oil and natural gas in China, with significant operations in the Daan oilfield in Northeast China [6] Revenue and Profit Growth - Historical revenue and net profit growth rates show fluctuations, with a notable increase in 2023, where revenue growth rate was 24.29% and net profit growth rate was 40.62% [8] - The company's revenue for the first half of 2025 is projected to be 83 billion, with a significant increase compared to previous years [8][10] Financial Performance - The company reported a net profit of 3.657 billion from oil sales [9] - The average revenue per employee has shown a decline, with figures of -147.12 thousand in 2023 [14] - Historical gross margin has decreased from 82.08% in 2020 to 74.18% in 2023 [15] Asset and Liability Changes - As of the first half of 2025, the company's fixed assets decreased by 13.53%, while cash and cash equivalents decreased by 27.1% [20] - Long-term borrowings increased by 2.28%, while short-term borrowings rose by 14.09% [24] - The company's current ratio is 0.48 and quick ratio is 0.4 as of the first half of 2025 [28] Turnover Ratios - The company's total asset turnover ratio has shown a decline, with figures of 0.49 in 2023 [16] - The accounts receivable turnover ratio was reported at 10.41 in 2023 [17] - Inventory turnover ratio has also decreased, with a figure of 7.28 in 2023 [17]
MI能源：2025年中期亏损1.48亿元