中经记者尹丽梅张硕北京报道 根据日产汽车近期披露的2024财年（2024年4月至2025年3月）财报，公司营业利润同比下滑87.7%至 698亿日元（约合人民币34.77亿元），净利润由盈转亏，从上一财年的盈利4266亿日元（约合人民币 214.38亿元）转为亏损6709亿日元（约合人民币334.23亿元）。 在惨淡的业绩以及转型压力下，日产汽车决定"断腕求生"。伊万·埃斯皮诺萨在财报发布会上对外披露 了一项名为"Re:Nissan"的大规模业务重组计划，改革力度堪比1999年由前日产汽车CEO卡络斯·戈恩主 导的"日产复兴计划"。据悉，日产汽车将削减2500亿日元（约合人民币124.31亿元）的变动成本和2500 亿日元的固定成本。其目标是到2026财年实现汽车业务的正营业利润和自由现金流。在新的重组框架 下，日产汽车计划到2027财年前裁员2万人，占员工总数的15%，并将在全球范围内关闭7家工厂。 "现在的情况很明显，我们的成本结构非常高。更复杂的是，全球市场环境动荡且难以预测，使得规划 和投资越来越具有挑战性。"伊万·埃斯皮诺萨表示，日产汽车的最新重组计划是不得已而为之，"如果 我们现在不采取行动，问题 ...

Core Insights - The company reported a decline in revenue and net profit for the fiscal year 2025, with revenue at 27.01 billion RMB, down 6.6% year-on-year, and net profit at 1.29 billion RMB, down 41.9% [1][2] - The company maintained a high dividend payout ratio of 135.0%, exceeding the previous year's 100.9% [1][2] - The decline in profit was attributed to a significant drop in gross margin and a slight increase in expense ratio [1][2] Revenue Breakdown - Main brand revenue (Nike + Adidas) decreased by 6.1%, while other brand revenue fell by 9.9% [1][2] - Revenue from retail, wholesale, and esports accounted for 85.3%, 14.0%, and 0.2% of total revenue, respectively, with retail and wholesale revenues down 6.8% and 5.8% year-on-year [2][3] - The total number of stores decreased by 18.3%, with a total of 5,020 stores as of February 2025 [2][3] Financial Metrics - Gross margin decreased by 3.4 percentage points to 38.4%, primarily due to increased discounting [2][3] - The expense ratio increased by 0.4 percentage points to 33.2%, with sales, management, and financial expense ratios at 29.4%, 3.7%, and 0.1%, respectively [2][3] - Inventory decreased by 4.5% to 6 billion RMB, and accounts receivable decreased by 43.4% to 750 million RMB [3] Future Outlook - The company aims to enhance operational efficiency and reduce costs amid weak consumer demand and declining foot traffic [3][4] - The company plans to expand its brand matrix and has become the exclusive operating partner for high-end running brand SOARRunning and top outdoor brand Norrona in China [3][4] - Profit forecasts for fiscal years 2026 and 2027 have been revised down by 21% and 26%, respectively, with expected EPS of 0.21, 0.23, and 0.26 for fiscal years 2026 to 2028 [4]

实际上，为了更好应对中国汽车市场的变化，一汽丰田内部一直在探讨旨在提升效率和灵活性的方法，其中包括将销售公司总部迁至公司总部所在地天津的 可能性。 自2017年开始，一汽丰田曾对公司旗下的研发、生产与销售体系做过一轮大调整，其目标在于实现公司的"研产销一体化"。至2021年，一汽丰田销售公司被 要求向一汽丰田汇报工作，从而为二者建立了事实上的从属关系。 一汽丰田销售公司之所以将总部从北京搬至天津，与近几年其在国内汽车市场的处境有关。乘联分会披露的数据显示，2021年至2024年，一汽丰田新车零售 量分别为84.6万辆、79.9万辆、80.2万辆、79.8万辆，增速分别为7.5%、-5.6%、0.3%、-0.5%。尽管年销量基本维持稳定，但处在电动智能转型中的一汽丰田 仍需要从多个维度更好地"降本增效"。 据WFC招商处工作人员介绍，一汽丰田销售公司于2012年入驻WFC，租赁面积为9000平方米，租金价格为每月每平米240元，物业费为每月每平米38元。照 此计算，一汽丰田销售公司在WFC一年的租金高达3002.4万元。 今年5月，丰田汽车公布的2024财年（即2024年4月至2025年3月）联合财务报表显示， ...

零跑2025Q1 平均单车收入持续提升，毛利率再创历史新高超预期。零跑汽车2025 年一季度销量8.8 万 辆，同比+162.1%，环比-30.6%，其中C 系列占比约77.5%，同比+5.7pct。 2025Q1 公司实现营收100.2 亿元，同比+187.4%，环比-25.6%，对应平均单车收入11.4万元，同比+1.0 万元，环比+0.8 万元。公司2025Q1 毛利率达14.9%，同比提升16.2pct实现扭亏，环比+1.6pct，创历史 新高，盈利水平超预期，同比提升主要系：1）规模效应；2）持续降本增效；3）产品结构优化；环比 提升主要系战略合作带来的毛利增长。费用方面，2025Q1 销售、行政及一般费用率9.9%，同 比-6.4pct，环比+2.1pct；研发费用8.0亿元，对应研发费用率8.0%，同比-6.9pct，环比+1.3pct，公司计 划全年持续加大研发投入，预计2025 年智驾总投入8 亿元。受益于前述多种因素公司盈利水平表现超预 期，2025Q1 公司实现归母净利润（GAAP）-1.3 亿元，同比大幅减亏，对应利润率-1.3%，对应单车盈 利-0.1 万元，同比+2.9 万元，环比 ...

Core Viewpoint - Shandong Molong Petroleum Machinery Co., Ltd. successfully lifted its "ST" status within a year after new management implemented innovative measures, revitalizing the company and positioning it for overseas expansion [1][2][10]. Company Overview - Founded in 1987, Shandong Molong is a professional energy equipment manufacturer with a complete industrial chain in oil machinery research, design, manufacturing, and technical services [2][3]. - The company was listed on the Hong Kong Stock Exchange in 2004, transitioned to the main board in 2007, and was listed on the Shenzhen Stock Exchange in 2010 [2]. Financial Performance - The company faced continuous net profit losses for three consecutive years (2021-2023), leading to a "ST" designation in April 2024 [3][4]. - In 2024, Shandong Molong achieved revenue of 1.356 billion yuan, with net profit increasing by 92.29% year-on-year and non-recurring net profit growing by 43.97% [12]. - In Q1 2025, the company reported revenue of 290 million yuan, a year-on-year increase of 50.51% [12]. Management Changes and Strategies - The new management team, appointed in April 2024, identified ten outdated practices that hindered the company's performance and initiated a self-reform to adapt to market changes [4][5]. - The company underwent a comprehensive restructuring, optimizing personnel and enhancing operational efficiency, resulting in a reduction of operational costs by 136 million yuan (35% year-on-year) in 2024 [5][6]. Technological Innovation - Shandong Molong invested over 20 million yuan in upgrading production equipment to enhance competitiveness and meet current market demands [7][8]. - The company focused on developing products with independent intellectual property rights for specialized applications, significantly improving its market position [7][8]. Market Expansion - The company has successfully secured orders from major domestic enterprises and expanded its international market presence, targeting regions such as Africa, the Middle East, Southeast Asia, Central Asia, and South America [9][10]. - As of 2024, overseas sales accounted for 30% of total sales, with plans to increase this to 70% by the end of the year [10][12]. Future Outlook - The successful lifting of the "ST" status marks a new beginning for Shandong Molong, with ongoing reforms expected to enhance long-term growth potential and vitality [12].

Group 1 - The opening of the "Yantai West Port Area to Binzhou" bauxite iron-sea intermodal logistics channel marks a significant development in logistics efficiency for Shandong province, connecting inland factories and port railways [1] - The China Railway Jinan Bureau is implementing a tailored logistics service model based on "sea-rail intermodal" transport, enhancing the overall logistics service for alumina companies in western Shandong [1] - The railway department has signed 114 logistics contracts in April alone, with a total transport volume of 216 million tons, reflecting a year-on-year increase of 159% and 350% respectively [2] Group 2 - In the first four months of the year, the national railway sent 12.99 billion tons of goods, a year-on-year increase of 3.6%, supporting the smooth operation of the national economy [2] - The railway department has focused on transporting key materials for national livelihood, sending 672 million tons of coal, including 464 million tons of electricity coal, in the same period [3] - The China Railway Group plans to accelerate the construction of a modern railway logistics system and continue to deepen market-oriented reforms in railway freight [3]

Group 1 - The company, Gansu Engineering Consulting Group Co., Ltd. (Gansu Consulting), reported a revenue of 1.977 billion yuan in 2024, a year-on-year decrease of 17.24%, and a net profit attributable to shareholders of 230 million yuan, down 9.51% [2] - In Q1 2024, the company achieved a revenue of 413 million yuan, a year-on-year decline of 4.14%, while the net profit attributable to shareholders was 55.01 million yuan, an increase of 3.84% [2] - The financial director indicated that the decline in performance was due to intensified market competition and reduced profit margins, but the company managed to increase net profit in Q1 through cost-cutting measures [2] Group 2 - The company aims to leverage national strategic opportunities such as Western Development, new urbanization, and ecological protection in the Yellow River basin, focusing on urban renewal, sponge cities, major water conservancy projects, and new energy [3] - The company faces challenges with slow project progress and declining revenue conversion rates from existing orders, necessitating a focus on differentiating advantages in a competitive environment with insufficient effective demand [3] - Future strategies include adapting to industry changes, expanding new business areas, enhancing capabilities in smart and green buildings, and building a comprehensive environmental protection service framework [3]

小熊电器收购罗曼个护类小家电企业，2024 年并表收入达 3 亿元，并 表利润超过 5,000 万元，显著提升公司业绩，实现双赢。 Q&A 小熊电器在 2024 年和 2025 年业绩表现如何？ 小熊电器在 2024 年的业绩呈现出明显的 V 型走势。2024 年第一季度表现良 好，消费环境和外部环境较为理想。然而，第二、第三季度公司业绩和利润出 现下滑，第四季度开始显现拐点，收入和利润环比增速持续改善。进入 2025 年第一季度，公司收入实现双位数增长，利润率回归到 8-10%的区间。这一改 善主要归因于公司在战略和战术上的调整，包括降低对收入规模的诉求、追求 收入与利润的均衡增长，以及严格管控各项费用特别是销售费用，提高各渠道 及事业部的运营效率。 小熊电器采取了哪些具体措施来改善业绩？ 小熊电器 20250526 摘要 2025 年第一季度，小熊电器收入实现双位数增长，利润率回升至 8- 10%，得益于战略调整，即降低对收入规模的片面追求，转向收入与利 润的均衡增长，并严格控制销售费用，提升运营效率。 小熊电器通过优化抖音平台部门架构，持续改善盈利能力，同时严格管 理价格策略，减少低盈利 SKU，多措并 ...

出品 | 搜狐财经 作者 | 王泽红 此前业绩会上，他解释称："2025年第一季度，光伏行业仍然处于调整阶段，虽然三月份光伏产品价格有所回升，但整个季度价格 仍低于生产成本，企业盈利继续承压。隆基绿能适时调整经营策略，深化降本增效，才推动经营业绩同比实现减亏。" 面对机构投资人何时扭亏的提问，他认为这与行业形势关系比较大。"在我们自己的规划里，肯定是希望越早扭亏越好，我们是希 望三季度能够回到盈亏平衡或扭亏。" 王泽红 搜狐财经&搜狐地产&焦点财经 高级编辑 邮箱: zehongwang@sohu-inc.com 关注房地产、汽车新势力、新能源及上下游产业 欢迎来聊,请备注公司和姓名 5月26日晚间，隆基绿能发布公告称，李振国将专注于公司研发和科技管理工作，申请辞去董事、总经理及法定代表人职务。辞任 后，李振国将继续担任中央研究院院长、科技管理中心首席技术官，带领团队聚焦光伏前沿技术攻关。 同时，隆基绿能宣布已于5月26日召开第五届董事会2025年第五次会议，审议通过了《关于聘任公司总经理的议案》，同意聘任董 事长钟宝申兼任公司总经理。 年报显示，隆基绿能2024年实现营收825.82亿元，同比下降36.23 ...

证券代码：300313 证券简称：*ST 天山 新疆天山畜牧生物工程股份有限公司 投资者关系活动记录表 编号：2025-01 | | □特定对象调研□分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访√业绩说明会 | | 类别 | □新闻发布会□路演活动 | | | □现场参观 | | | □其他（请文字说明其他活动内容） | | 参与单位名称及 | 投资者网上提问 | | 人员姓名 | | | 时间 | 2025 年 5 月 23 日 (周五)15:00-18:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 董事、代理董事长、副总经理、董事会秘书：韩明辉先生 总经理：葛建军先生 | | 员姓名 | | | | 财务总监：陈越凡女士 公司于 2025 年 5 月 23 日 15:00-18:00 通过全景网"投资者 | | | 关系互动平台"（https://ir.p5w.net）采用网络远程的方式召 开业绩说明会。主要问题及公司回复情况如下： | | | ...