海目星连亏1年半 中信证券保荐上市A股两募资共17亿

Core Viewpoint - The financial performance of HaiMuxing (688559.SH) in the first half of 2025 shows a significant decline in revenue and net profit compared to the previous year, indicating potential challenges for the company moving forward [1][2]. Financial Performance Summary - In the first half of 2025, the company achieved operating revenue of 1.664 billion yuan, a year-on-year decrease of 30.50% [1][2]. - The net profit attributable to shareholders was -708 million yuan, compared to a profit of 152 million yuan in the same period last year [1][2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -718 million yuan, down from 128 million yuan in the previous year [1][2]. - The net cash flow from operating activities was 248 million yuan, a significant improvement from -690 million yuan in the same period last year [1][2]. Previous Year Comparison - In 2024, the company reported operating revenue of 4.525 billion yuan, a decrease of 5.82% compared to 2023 [3]. - The net profit attributable to shareholders in 2024 was -163 million yuan, down from 321 million yuan in the previous year [3]. - The net cash flow from operating activities in 2024 was -711 million yuan, an improvement from -993 million yuan in 2023 [3]. Fundraising and Capital Structure - The company raised a total of 728 million yuan, with a net amount of 649 million yuan after expenses, which was 15 million yuan less than planned [4]. - The company issued 40 million shares at a price of 25.49 yuan per share, raising approximately 1.02 billion yuan, with net proceeds of about 1.01 billion yuan after deducting issuance costs [5][6]. - The total amount raised from the two fundraising events was 1.748 billion yuan [6].