渤海轮渡集团股份有限公司2025 年半年度报告摘要 公司代码：603167 公司简称：渤海轮渡 渤海轮渡集团股份有限公司 展规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司第六届董事会第十八次会议审议通过了《关于2025年半年度利润分配方案的议案》。2025 年半年度利润分配方案为：以公司2025年半年度利润分配方案实施时股权登记日的总股本为基数 ，向全体股东按每10股派发现金红利人民币4元（含税）。该利润分配方案已经公司2024年年度股 东大会批准并授权董事会实施。 第二节 公司基本情况 | 公司股票简况 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 股票种类 | 股票上市交易所 | 股票简称 | 股票代码 | | | 变更前股 | | 票简称 | | | | | | | | A股 上海证券交易所 | 渤海轮渡 | 603167 | | | | | | 联系人和联系方式 | 董事会秘书 | | | 证券事务代表 | | | ...

业绩回升背后的结构性挑战 从收入构成来看，中粮家佳康上半年营收增长主要得益于生猪价格回暖。公司在业绩展望中提出，将通 过全价值链成本管控、科技创新、品牌建设等措施提升竞争力。然而，财务数据显示公司仍面临结构性 压力。 2024年年报数据显示，公司毛利率仅为2.87%，较2023年的10.59%大幅下降。净利率为3.39%，虽较 2023年负值有所改善，但仍处于较低水平。流动比率0.75倍，低于1的安全线，显示短期偿债能力存在 压力。 资产负债率从2023年的43.03%上升至2024年的52.87%，负债水平明显提升。其中，短期贷款从2023年 的49.49亿元下降至44.02亿元，但长期贷款从1.53亿元大幅增至17.28亿元，债务结构发生明显变化。 生猪养殖业务承压明显 生产性生物资产项目反映了公司养殖规模的变化。2024年末该项目为23.89亿元，较2023年末的16.35亿 元有所增长，但仍低于2022年末的25.25亿元水平。这一数据变化反映出公司在行业周期波动中对养殖 规模的调整。 现金流方面，2024年经营活动现金净额为6.52亿元，较2023年的18.72亿元大幅下降。投资活动现金净流 出18 ...

Core Viewpoint - *ST Haichin (600753.SH) reported significant growth in revenue and net profit for the first half of 2025, indicating a positive trend in financial performance despite negative cash flow from operating activities [1][3]. Financial Performance - As of June 30, 2025, *ST Haichin's total operating revenue reached 325 million yuan, an increase of 109 million yuan compared to the same period last year, representing a year-on-year growth of 50.38% [1]. - The net profit attributable to shareholders was 7.4687 million yuan, an increase of 44.0571 million yuan from the previous year [1]. - The company reported a negative net cash flow from operating activities of -13.8024 million yuan [1]. Profitability Metrics - The latest asset-liability ratio stood at 98.67%, a decrease of 3.58 percentage points from the previous quarter [3]. - The gross profit margin was 5.24%, an increase of 3.83 percentage points from the previous quarter and up 4.61 percentage points year-on-year [3]. - Return on equity (ROE) was reported at 185.37%, an increase of 203.58 percentage points compared to the same period last year [3]. Earnings and Efficiency - The diluted earnings per share were 0.03 yuan, an increase of 0.19 yuan from the same period last year [4]. - The total asset turnover ratio was 1.39 times, an increase of 0.84 times year-on-year, reflecting a growth of 154.44% [4]. - The inventory turnover ratio was reported at 4.69 times [4]. Shareholder Structure - The number of shareholders was 12,600, with the top ten shareholders holding a total of 123 million shares, accounting for 53.36% of the total share capital [4]. - The largest shareholder, Zhejiang Haixin Energy Co., Ltd., holds 25.00% of the shares [4].

Core Insights - Company reported a total operating revenue of 1.28 billion yuan, an increase of 176 million yuan, representing a year-on-year growth of 15.91% [1] - Net profit attributable to shareholders reached 11.06 million yuan, an increase of 19.30 million yuan compared to the same period last year [1] - Net cash inflow from operating activities was 90.57 million yuan, an increase of 474 million yuan year-on-year [1] Financial Ratios - The latest debt-to-asset ratio is 55.81%, a decrease of 3.76 percentage points from the previous quarter [3] - The latest gross profit margin is 13.09%, an increase of 0.94 percentage points from the previous quarter [4] - The latest return on equity (ROE) is 0.96%, an increase of 1.56 percentage points compared to the same period last year [4] Earnings and Turnover - The diluted earnings per share are 0.03 yuan, an increase of 0.05 yuan compared to the same period last year [5] - The latest total asset turnover ratio is 0.37 times, an increase of 0.11 times year-on-year, representing a growth of 41.74% [5] - The latest inventory turnover ratio is 1.62 times, an increase of 0.65 times year-on-year, representing a growth of 66.16% [5] Shareholder Information - The number of shareholders is 54,400, with the top ten shareholders holding 167 million shares, accounting for 47.33% of the total share capital [5] - The top shareholder is Xu Hong, holding 21.8% of the shares [5]

2025年8月23日，新相微(688593.SH)发布2025年中报。 公司营业总收入为2.85亿元，较去年同报告期营业总收入增加5428.05万元，实现3年连续上涨，同比较 去年同期上涨23.48%。归母净利润为544.73万元，较去年同报告期归母净利润增加881.44万元。经营活 动现金净流入为3314.94万元，较去年同报告期经营活动现金净流入增加8087.58万元。 公司最新总资产周转率为0.16次，较去年同期总资产周转率增加0.03次，同比较去年同期上涨20.97%。 最新存货周转率为0.98次。 公司股东户数为1.20万户，前十大股东持股数量为2.80亿股，占总股本比例为60.85%，前十大股东持股 情况如下： | 序号 | 股东名称 | 持股比例 | | --- | --- | --- | | T | New Vision Microelectronics Inc. | 16.68% | | 2 | 北京电子控股有限责任公司 | 12.30% | | 3 | 科宏芯(香港)有限公司 | 6.23% | | 4 | Xiao International Investment Limited | 5 ...

Core Insights - The company reported a total revenue of 928 million yuan for the first half of 2025, with a net profit attributable to shareholders of 44.33 million yuan, representing a year-on-year increase of 27.91% [1] - Operating cash flow increased significantly to 77.12 million yuan, up 116.54% compared to the same period last year [1] Financial Performance - The latest debt-to-asset ratio stands at 27.71%, a decrease of 1.86 percentage points from the same period last year [3] - The gross profit margin is reported at 21.67%, an increase of 0.57 percentage points from the previous quarter and 0.44 percentage points year-on-year [3] - Return on equity (ROE) is at 2.07%, up 0.39 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 0.11 yuan, reflecting a year-on-year increase of 28.01% [3] - Total asset turnover ratio remains stable at 0.31 times, with a year-on-year increase of 0.94% [3] - Inventory turnover ratio improved to 3.78 times, an increase of 14.53% year-on-year [3] Shareholder Structure - The number of shareholders is reported at 20,200, with the top ten shareholders holding 313 million shares, accounting for 78.03% of the total share capital [3] - The largest shareholder is Wankong Group Co., Ltd., holding 57.98% of the shares [3]

Core Insights - Ningbo Yunsheng (600366.SH) reported a total operating revenue of 2.349 billion yuan for the first half of 2025, an increase of 42.61 million yuan compared to the same period last year, representing a year-on-year growth of 1.85% [1] - The net profit attributable to shareholders reached 108 million yuan, an increase of 69.30 million yuan, achieving a consecutive increase for two years, with a year-on-year growth of 179.83% [1] - The net cash inflow from operating activities was 198 million yuan [1] Financial Ratios - The latest debt-to-asset ratio stands at 38.25% [3] - The latest gross profit margin is 16.55%, which is an increase of 4.14 percentage points from the previous quarter and an increase of 3.29 percentage points year-on-year, marking two consecutive years of growth [3] - The latest return on equity (ROE) is 1.81%, an increase of 1.16 percentage points compared to the same period last year [3] Earnings Per Share - The diluted earnings per share is 0.10 yuan, an increase of 0.06 yuan compared to the same period last year, achieving a consecutive increase for two years, with a year-on-year growth of 183.05% [3] Asset Management - The latest total asset turnover ratio is 0.25 times [3] - The latest inventory turnover ratio is 1.32 times, an increase of 0.08 times year-on-year, achieving four consecutive years of growth, with a year-on-year increase of 6.48% [3] Shareholder Structure - The number of shareholders is 132,000, with the top ten shareholders holding a total of 428 million shares, accounting for 38.98% of the total share capital [3] - The largest shareholder is Yunsheng Holding Group Co., Ltd., holding 29.1% of the shares [3]

Core Insights - Haichen Pharmaceutical (300584.SZ) reported a total revenue of 309 million yuan for the first half of 2025, an increase of 72.04 million yuan or 30.46% compared to the same period last year [1] - The net profit attributable to shareholders reached 29.16 million yuan, up by 4.42 million yuan or 17.87% year-on-year, marking three consecutive years of growth [1] - The net cash inflow from operating activities was 65.64 million yuan, an increase of 29.01 million yuan or 79.18% year-on-year, also achieving three consecutive years of growth [1] Financial Performance - The latest debt-to-asset ratio stands at 28.88%, a decrease of 0.47 percentage points from the same period last year [3] - The gross profit margin is reported at 85.88%, an increase of 1.74 percentage points year-on-year, continuing a three-year upward trend [3] - Return on equity (ROE) is at 2.80%, up by 0.35 percentage points compared to the previous year [3] Earnings and Ratios - The diluted earnings per share (EPS) is 0.24 yuan, an increase of 0.04 yuan or 17.90% year-on-year, marking three consecutive years of growth [3] - The total asset turnover ratio is 0.21 times, an increase of 0.04 times or 25.46% year-on-year [3] - The inventory turnover ratio is 0.53 times, up by 0.09 times or 21.32% year-on-year [3] Shareholder Structure - The number of shareholders is 26,000, with the top ten shareholders holding a total of 69.67 million shares, accounting for 58.06% of the total share capital [3] - The largest shareholder, Cao Yuping, holds 42.08% of the shares [3]

Core Insights - Dongxin Co., Ltd. (688110.SH) reported a total operating revenue of 343 million yuan for the first half of 2025, an increase of 76.71 million yuan compared to the same period last year, marking a year-on-year growth of 28.81% [1] - The company recorded a net profit attributable to shareholders of -111 million yuan [1] - The net cash inflow from operating activities was -56.39 million yuan, an increase of 117 million yuan compared to the same period last year [1] Financial Metrics - The latest debt-to-asset ratio stands at 5.30% [3] - The latest gross profit margin is 18.76%, up 4.59 percentage points from the previous quarter and up 5.46 percentage points year-on-year, indicating two consecutive quarters of growth [3] - The latest return on equity (ROE) is -3.54% [3] - The diluted earnings per share (EPS) is -0.26 yuan [3] - The total asset turnover ratio is 0.10 times, an increase of 0.03 times year-on-year, representing a growth of 39.66% [3] - The inventory turnover ratio is 0.30 times, up 0.02 times year-on-year, reflecting an 8.17% increase [3] Shareholder Structure - The number of shareholders is 19,100, with the top ten shareholders holding a total of 205 million shares, accounting for 46.45% of the total share capital [3] - The largest shareholder is Dongfang Hengxin Group Co., Ltd. with 34.2 million shares [3] - Other notable shareholders include Suzhou Dongxin Kechuang Equity Investment Partnership (Limited Partnership) with 5.05 million shares and CITIC Securities Co., Ltd. with 1.66 million shares [3]

Core Insights - The company, Guoneng Rixin (301162.SZ), reported a total operating revenue of 321 million yuan for the first half of 2025, marking an increase of 96.67 million yuan compared to the same period last year, achieving a 43.15% year-on-year growth [1][3] - The net profit attributable to shareholders reached 45.97 million yuan, an increase of 11.27 million yuan from the previous year, reflecting a year-on-year growth of 32.48% [1][3] - The company has achieved five consecutive years of revenue and profit growth [1] Financial Performance - The latest operating cash flow showed a net outflow of 2.14 million yuan, which is an improvement of 27.18 million yuan compared to the same period last year [1] - The asset-liability ratio stands at 38.77% [3] - The gross profit margin is reported at 61.37%, an increase of 5.26 percentage points from the previous quarter [3] - Return on equity (ROE) is at 3.96%, up by 0.82 percentage points year-on-year [3] - The diluted earnings per share (EPS) is 0.38 yuan, an increase of 0.09 yuan, representing a 31.03% year-on-year growth [3] - Total asset turnover ratio is 0.17 times, an increase of 0.01 times year-on-year, reflecting a 9.21% growth [3] - Inventory turnover ratio is 1.14 times, up by 0.27 times year-on-year, achieving a 30.85% increase [3] Shareholder Structure - The number of shareholders is 6,586, with the top ten shareholders holding a total of 67.29 million shares, accounting for 55.97% of the total share capital [3] - The largest shareholder is Weizheng, holding 26.7% of the shares [3] - Other notable shareholders include Ding Jiangwei (8.97%), An Yihouyuan Guanghui Investment Partnership (5.46%), and Xu Yuanhong (3.79%) [3]