丽人丽妆连亏1年半 2020上市即巅峰中信证券保荐

Core Points - The company Liren Lizhuang (605136.SH) reported a significant decline in financial performance for the first half of 2025, with a revenue of 831 million yuan, a decrease of 13.98% year-on-year [1][2] - The net profit attributable to shareholders was -32.76 million yuan, down 1315.98% compared to the previous year [1][2] - The net cash flow from operating activities was 63.34 million yuan, reflecting a decrease of 54.27% year-on-year [1][2] Financial Summary - Revenue for the first half of 2025 was 831 million yuan, down from 966 million yuan in the same period last year, representing a decline of 13.98% [2] - Total profit for the period was -40.50 million yuan, a decrease of 730.94% compared to a profit of 6.42 million yuan in the previous year [2] - The net profit attributable to shareholders was -32.76 million yuan, compared to a profit of 2.69 million yuan in the same period last year, marking a decline of 1315.98% [2] - The net profit after deducting non-recurring gains and losses was -34.05 million yuan, down from a profit of 2.35 million yuan, a decrease of 1548.59% [2] - The net cash flow from operating activities was 63.34 million yuan, down from 138.53 million yuan, a decline of 54.27% [2] Historical Context - The company was listed on the Shanghai Stock Exchange on September 29, 2020, with an initial public offering of 40.01 million shares at a price of 12.23 yuan per share [4] - The highest stock price reached 55.28 yuan shortly after the IPO, followed by a continuous decline [4] - The total amount raised during the IPO was 489.32 million yuan, with a net amount of 420.12 million yuan after expenses [5]