据证券之星公开数据整理，近期鲁银投资(600784)发布2025年中报。截至本报告期末，公司营业总收入 16.52亿元，同比下降2.62%，归母净利润1.29亿元，同比下降27.35%。按单季度数据看，第二季度营业 总收入8.38亿元，同比下降5.11%，第二季度归母净利润4989.74万元，同比下降48.89%。本报告期鲁银 投资公司应收账款体量较大，当期应收账款占最新年报归母净利润比达116.39%。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率24.88%，同比减0.82%，净利率8.3%，同 比减24.6%，销售费用、管理费用、财务费用总计1.82亿元，三费占营收比11.04%，同比增19.98%，每 股净资产4.79元，同比增6.51%，每股经营性现金流0.32元，同比增118.62%，每股收益0.19元，同比减 26.92% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 16.96亿 | 16.52亿 | -2.62% | | 归母净利润(元) | 1.78亿 | 1.29亿 | -27. ...

据证券之星公开数据整理，近期北部湾港（000582）发布2025年中报。根据财报显示，北部湾港增收不 增利。截至本报告期末，公司营业总收入35.56亿元，同比上升11.5%，归母净利润5.31亿元，同比下降 15.7%。按单季度数据看，第二季度营业总收入19.13亿元，同比上升15.95%，第二季度归母净利润3.35 亿元，同比上升40.36%。 本次财报公布的各项数据指标表现一般。其中，毛利率31.58%，同比增0.8%，净利率16.8%，同比减 22.65%，每股净资产7.84元，同比增3.8%，每股经营性现金流0.61元，同比增35.61%，每股收益0.23 元，同比减28.92% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 31.89 Z | 35.56亿 | 11.50% | | 归母浄利润（元） | 6.3亿 | 5.31 Z | -15.70% | | 扣非净利润(元) | 3.67亿 | 4.72亿 | 28.73% | | 货币资金(元) | 42.58亿 | 38.19 亿 | -10.3 ...

Core Viewpoint - Oriental Electronics (000682) reported a strong performance in its 2025 mid-year financial results, with significant increases in revenue and net profit compared to the previous year [1][3]. Financial Performance - The total operating revenue for the first half of 2025 reached 3.162 billion yuan, marking a year-on-year increase of 12.18% [1]. - The net profit attributable to shareholders was 302 million yuan, reflecting a year-on-year growth of 19.65% [1]. - In Q2 2025, the operating revenue was 1.756 billion yuan, up 13.96% year-on-year, while the net profit for the quarter was 181 million yuan, an increase of 19.94% [1]. - The gross margin improved to 33.08%, up 2.1% year-on-year, and the net margin increased to 8.84%, up 3.43% year-on-year [1]. Key Financial Metrics - The company reported a total of 449 million yuan in sales, management, and financial expenses, which accounted for 14.21% of revenue, a slight increase of 0.66% year-on-year [1]. - The earnings per share (EPS) rose to 0.23 yuan, a 19.63% increase compared to the previous year [1]. - The net asset value per share was 4.0 yuan, reflecting a year-on-year increase of 13.26% [1]. - The cash flow from operating activities showed a significant decline of 209.78%, attributed to increased payments for procurement and taxes [3]. Investment Insights - The company's return on invested capital (ROIC) for the previous year was 11.62%, indicating a generally average capital return rate [3]. - Historical data shows a median ROIC of 7.13% over the past decade, with the lowest recorded ROIC at 5.92% in 2015 [3]. - Analysts project the company's performance for 2025 to reach 852 million yuan, with an average EPS forecast of 0.64 yuan [3]. Fund Holdings - The largest fund holding Oriental Electronics is the Penghua Emerging Industry Mixed Fund, which holds 11.3137 million shares and has not changed its position [4]. - The fund's current size is 2.501 billion yuan, with a recent net value of 3.104, reflecting a 1.9% increase from the previous trading day and a 37.16% rise over the past year [4].

Core Viewpoint - Shanghai Mechanical and Electrical Company (600835) reported disappointing financial results for the first half of 2025, with significant declines in revenue and net profit compared to the previous year [1][3]. Financial Performance - Total revenue for the first half of 2025 was 9.438 billion yuan, a decrease of 6.41% year-on-year [1]. - Net profit attributable to shareholders was 491 million yuan, down 6.67% year-on-year [1]. - In Q2 2025, total revenue was 5.226 billion yuan, a decline of 9.47% year-on-year, with net profit of 287 million yuan, down 8.4% [1]. - Gross margin decreased to 15.4%, down 6.24% year-on-year, while net margin fell to 7.35%, down 5.41% [1]. - Total expenses (selling, administrative, and financial) amounted to 555 million yuan, representing 5.88% of revenue, an increase of 6.15% year-on-year [1]. Cash Flow and Assets - Operating cash flow per share was 0.47 yuan, a decrease of 29.1% year-on-year [1]. - Cash and cash equivalents increased by 2.1% to 13.633 billion yuan [1]. - Accounts receivable increased by 2.58% to 4.815 billion yuan, with accounts receivable to net profit ratio reaching 513.73% [1][5]. Changes in Financial Items - Accounts receivable decreased by 17.75% due to reduced payments settled by notes [2]. - Inventory decreased by 15.25% as inventory levels were reduced [2]. - Contract assets decreased by 16.78% as more assets reached collection conditions [2]. - Financial expenses increased by 29.41% due to reduced interest income [4]. Investment Insights - The company's return on invested capital (ROIC) was 6.47%, indicating average capital returns, with a historical median ROIC of 11.01% over the past decade [4]. - Analysts expect the company's performance in 2025 to reach 925 million yuan, with an average earnings per share of 0.9 yuan [5].

Core Viewpoint - The recent financial report of Weiming Environmental (603568) shows a decline in total revenue but a slight increase in net profit, indicating mixed performance in the first half of 2025 [1] Financial Performance Summary - Total revenue for the first half of 2025 was 3.904 billion yuan, a decrease of 5.1% year-on-year [1] - Net profit attributable to shareholders was 1.425 billion yuan, an increase of 0.13% year-on-year [1] - In Q2 2025, total revenue was 1.894 billion yuan, down 10.04% year-on-year, while net profit was 709 million yuan, a decrease of 0.24% year-on-year [1] - Gross margin improved to 49.05%, up 7.42% year-on-year, and net margin increased to 37.74%, up 6.34% year-on-year [1] - Total accounts receivable rose by 30.24% year-on-year, reaching 3.622 billion yuan [1] Key Financial Metrics - The company reported a return on invested capital (ROIC) of 14.35% for the previous year, indicating strong capital returns [4] - The company's net profit margin was 38.83%, reflecting high added value in its products or services [4] - The debt ratio (interest-bearing liabilities to total assets) reached 26.02%, suggesting a need for monitoring debt levels [4] Fund Management and Holdings - The company is held by two prominent fund managers, with notable recent increases in holdings [5] - The largest fund holding Weiming Environmental is the Ruiyuan Balanced Value Three-Year Holding Mixed Fund, managed by Zhao Feng, with a total scale of 10.478 billion yuan [6]

证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为6.61%，历来资本回报率一般。去年 的净利率为11.14%，算上全部成本后，公司产品或服务的附加值一般。从历史年报数据统计来看，公 司近10年来中位数ROIC为6.05%，中位投资回报较弱，其中最惨年份2016年的ROIC为2.92%，投资回报 一般。公司历史上的财报相对一般。偿债能力：公司现金资产非常健康。 财报体检工具显示：建议关注公司现金流状况(近3年经营性现金流均值/流动负债仅为12.87%)建议关注 公司应收账款状况(应收账款/利润已达378.4%) 分析师工具显示：证券研究员普遍预期2025年业绩在11.42亿元，每股收益均值在0.66元。 据证券之星公开数据整理，近期陕鼓动力(601369)发布2025年中报。截至本报告期末，公司营业总收入 48.69亿元，同比下降2.7%，归母净利润4.14亿元，同比下降9.75%。按单季度数据看，第二季度营业总 收入23.1亿元，同比下降8.03%，第二季度归母净利润1.66亿元，同比下降25.82%。本报告期陕鼓动力 公司应收账款体量较大，当期应收账款占最新年报归母净利润比达378.4%。 本 ...

据证券之星公开数据整理，近期农发种业(600313)发布2025年中报。截至本报告期末，公司营业总收入 29.16亿元，同比上升47.86%，归母净利润6303.76万元，同比上升14.13%。按单季度数据看，第二季度 营业总收入13.46亿元，同比上升19.67%，第二季度归母净利润1141.73万元，同比上升16.83%。本报告 期农发种业公司应收账款体量较大，当期应收账款占最新年报归母净利润比达960.83%。 证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为3.06%，资本回报率不强。去年的净 利率为1.58%，算上全部成本后，公司产品或服务的附加值不高。从历史年报数据统计来看，公司近10 年来中位数ROIC为3.24%，中位投资回报较弱，其中最惨年份2017年的ROIC为-12.95%，投资回报极 差。公司历史上的财报非常一般，公司上市来已有年报24份，亏损年份8次，如无借壳上市等因素，价 投一般不看这类公司。偿债能力：公司现金资产非常健康。商业模式：公司业绩主要依靠研发及营销驱 动。需要仔细研究这类驱动力背后的实际情况。 财报体检工具显示：建议关注公司现金流状况(近3年经营性现金流均 ...

Financial Performance - The company reported a total revenue of 787 million yuan for the first half of 2025, representing a year-on-year increase of 1.99% [1] - The net profit attributable to shareholders was 136 million yuan, showing a decline of 24.8% compared to the previous year [1] - In Q2 2025, the revenue was 405 million yuan, up 4.82% year-on-year, while the net profit for the same period was 61.83 million yuan, down 39.9% [1] Profitability Metrics - The gross margin decreased to 29.31%, down 19.9% year-on-year, and the net margin fell to 17.64%, a decline of 25.86% [1] - The total of selling, administrative, and financial expenses reached 57.54 million yuan, accounting for 7.31% of revenue, which is an increase of 10.18% year-on-year [1] Key Financial Ratios - Earnings per share (EPS) dropped to 0.47 yuan, down 27.69% year-on-year, while the operating cash flow per share decreased to 0.71 yuan, a decline of 32.66% [1] - The company's return on invested capital (ROIC) was 10.26% last year, with a historical median ROIC of 19.13% since its listing [3] Debt and Capital Expenditure - The company’s interest-bearing debt increased to 1.466 billion yuan, up 11.23% year-on-year, with a debt-to-asset ratio of 27.01% [3] - The company relies heavily on capital expenditures for its performance, necessitating careful evaluation of the efficiency and necessity of these expenditures [3] Fund Holdings - The largest fund holding the company's shares is the Dongfanghong Yuanjian Value Mixed A fund, with a current scale of 1.289 billion yuan and a recent net value increase of 1.4% [4]

据证券之星公开数据整理，近期恒力石化(600346)发布2025年中报。根据财报显示，恒力石化净利润同 比下降24.08%。截至本报告期末，公司营业总收入1039.44亿元，同比下降7.68%，归母净利润30.5亿 元，同比下降24.08%。按单季度数据看，第二季度营业总收入468.98亿元，同比下降13.45%，第二季度 归母净利润9.99亿元，同比下降46.81%。 本次财报公布的各项数据指标表现一般。其中，毛利率11.96%，同比增0.86%，净利率2.94%，同比减 17.93%，销售费用、管理费用、财务费用总计37.72亿元，三费占营收比3.63%，同比减7.52%，每股净 资产8.98元，同比增4.9%，每股经营性现金流2.77元，同比增55.42%，每股收益0.43元，同比减24.56% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 1125.96亿 | 1039.44亿 | -7.68% | | 归母净利润(元) | 40.18 Z | 30.5亿 | -24.08% | | 扣非净利润(元) ...

据证券之星公开数据整理，近期长青科技(001324)发布2025年中报。截至本报告期末，公司营业总收入 2.3亿元，同比上升11.24%，归母净利润3679.9万元，同比上升4.51%。按单季度数据看，第二季度营业 总收入1.33亿元，同比上升6.53%，第二季度归母净利润2408.99万元，同比上升13.15%。本报告期长青 科技公司应收账款体量较大，当期应收账款占最新年报归母净利润比达588.23%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率33.33%，同比减5.21%，净利率16.59%，同比减 3.11%，销售费用、管理费用、财务费用总计1964.41万元，三费占营收比8.54%，同比减32.26%，每股 净资产8.28元，同比增5.31%，每股经营性现金流0.11元，同比增245.77%，每股收益0.27元，同比增 3.81% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 2.07亿 | 2.3亿 | 11.24% | | 归母浄利润（元） | 3520.97万 | 3679.9万 | 4. ...