Financial Performance - The company reported a basic earnings per share of 0.0300 yuan for Q1 2025, representing a 50% increase compared to 0.0200 yuan in Q1 2024, but a decrease from 0.0400 yuan in Q1 2023 [1] - The net profit for Q1 2025 was 0.05 billion yuan, up 25% from 0.04 billion yuan in Q1 2024, but down from 0.07 billion yuan in Q1 2023 [1] - The return on equity (ROE) increased to 0.66% in Q1 2025 from 0.48% in Q1 2024, but decreased from 0.97% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 13,136.7 million shares, accounting for 75.6% of the circulating shares, with an increase of 492.57 million shares compared to the previous period [1] - The largest shareholder, Weisaibo Environmental Materials Holdings Limited, holds 10,563.01 million shares, representing 60.79% of the total share capital, with no change in holdings [2] - New entrants among the top shareholders include Wu Haiyan with 479.83 million shares (2.76%) and Li Zhenpan with 88.47 million shares (0.51%) [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares this time [3]

前十大流通股东累计持有： 12304.98万股，累计占流通股比： 54.22%，较上期变化： 8.36万股。 | 名称 持有数量(万股) | | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 西藏国风文化发展有限公司 | 2878.77 | 12.68 | 不变 | | 上海京遥贸易有限公司 | 2659.28 | 11.72 | 不变 | | 西藏纳铭网络技术有限公司 | 2268.08 | 9.99 | 不变 | | 西藏国际旅游文化投资集团有限公司 | 1426.59 | 6.29 | 不变 | | 乐清意诚电气有限公司 | 1123.48 | 4.95 | 不变 | | 张杰 | 798.30 | 3.52 | 不变 | | 西藏旅游（600749）股份有限公司-2023年员工持股 | | | | | 计划 | 477.00 | 2.10 | 不变 | | 钱旭璋 | 300.55 | 1.32 | 不变 | | 富国中证旅游主题ETF | 198.64 | 0.88 | 52.15 | | 长江证券股份有限公司 | 17 ...

2024年基本每股收益为0.09元，2023年为0.54元，同比下降83.33%；扣非每股收益为0.04元，同比下降 幅度同样巨大。这意味着股东每持有一股所获得的收益大幅减少，公司为股东创造价值的能力减弱，对 投资者的吸引力下降。 费用分析 2024年，南玻集团面临诸多挑战，营业收入和净利润均出现较大幅度下滑，其中净利润同比下降 83.89%，扣非净利润更是同比下降92.14%。这些数据的变化，反映出公司在经营过程中遭遇的困境， 值得投资者密切关注。 关键财务指标解读 营收下滑，市场竞争压力显现 2024年南玻集团营业收入为15,455,386,401元，相较于2023年的18,194,864,366元，下降了15.06%。从各 业务板块来看，玻璃行业营收13,755,566,623元，占比89%，同比下降6.33%；电子玻璃与显示行业营收 1,407,968,511元，占比9.11%，同比下降10.47%；太阳能及其他行业营收592,199,240元，占比3.83%，同 比下降73.66%。营收的下降，显示出公司在各业务领域均面临市场竞争压力，尤其是太阳能及其他行 业下滑幅度巨大，可能与行业整体环境及公司业 ...

营收下滑6.07%，业务结构有待优化 2024年，珠海港实现营业收入5,124,968,975.96元，相较于2023年的5,456,054,195.13元，下降了6.07%。 从业务板块来看，港口航运物流板块收入为2,060,087,420.08元，同比下降19.37%，主要源于航运和物 流业务的下滑，如航运板块收入下降24.96%，物流板块收入下降39.51%。新能源板块收入 2,434,968,715.18元，增长3.29%，成为营收的重要支撑。投资及其他板块收入629,912,840.70元，增长 15.86%。整体来看，公司业务结构需进一步优化，以应对营收下滑压力。 净利润增长5.37%，盈利能力有所提升 归属于上市公司股东的净利润为292,095,185.33元，较2023年的277,222,171.22元增长5.37%。扣除非经 常性损益的净利润为259,787,057.46元，同比增长5.23%。这表明公司核心业务的盈利能力有所增强，在 一定程度上抵御了营收下滑的影响。基本每股收益为0.2542元/股，较上年的0.2401元/股增长5.87%，显 示出公司为股东创造价值的能力有所提升。 202 ...

Core Insights - The company, Beijing Keri International Human Resources Co., Ltd., achieved revenue and net profit growth in its 2024 annual report, but experienced a significant decline in net cash flow from operating activities [1][12]. Financial Performance - The company reported total revenue of 11,787,660,144.16 yuan, a 20.55% increase from 9,778,499,802.73 yuan in the previous year [2]. - The flexible employment business generated 11,136,854,475.11 yuan, accounting for 94.48% of total revenue, with a year-on-year growth of 22.42% [2]. - Net profit attributable to shareholders was 205,349,967.12 yuan, up 2.42% from 200,501,198.39 yuan [3]. - Basic earnings per share increased to 1.0434 yuan, a 2.33% rise from 1.0196 yuan [4]. Expense Analysis - Sales expenses decreased by 8.97% to 166,139,351.69 yuan, reflecting a strategic reduction in market investment [5]. - Management expenses rose by 8.42% to 277,039,614.96 yuan, driven by increased personnel costs and stock issuance [6]. - Financial expenses surged by 124,118.18% to 28,427,528.20 yuan due to new long-term borrowings and reduced interest income from deposits [7]. Research and Development - R&D expenses remained stable at 41,280,794.03 yuan, with a focus on digital product development and internal information systems [8]. - The number of R&D personnel decreased by 21.67% from 323 to 253, which may impact innovation capabilities [10]. - Capitalized R&D expenditures accounted for 75.20% of total R&D investment, indicating strong project conversion capabilities [11]. Cash Flow Insights - Net cash flow from operating activities fell by 32.40% to 118,299,677.73 yuan, attributed to increased business pre-financing [12]. - Investment cash inflows rose by 37.08% to 29,977,821.37 yuan, while outflows decreased by 14.74% to 96,611,675.46 yuan [13]. - Financing cash inflows increased by 61.09% to 6,976,156,878.50 yuan, with outflows rising by 53.33% to 7,251,891,099.42 yuan [14].

徐州浩通新材料科技股份有限公司（以下简称"浩通科技"）于2025年发布了2024年度报告。报告期内， 公司多项财务数据出现显著变化，其中投资活动产生的现金流量净额同比下降330.55%，筹资活动产生 的现金流量净额同比增长467.01%，这两项数据变化幅度较大，凸显了公司在投资与筹资策略上的重大 调整。以下将对浩通科技2024年年报进行详细解读。 关键财务指标解读 营收稳健增长，结构有所调整 2024年浩通科技营业收入为2,658,923,309.03元，较2023年的2,527,255,577.15元增长了5.21%。从业务板 块来看，贸易业务收入为1,532,116,557.04元，占比57.62%，同比增长28.26%，成为拉动营收增长的主 要动力；贵金属回收业务收入1,099,305,131.35元，占比41.34%，同比下降8.71%；新材料业务收入 15,005,999.18元，占比0.56%，同比下降87.24% 。贸易业务的增长，反映出公司在市场拓展方面取得了 一定成效，但新材料业务收入的大幅下滑，或暗示该业务在发展过程中遇到了挑战。 净利润稳步提升，盈利能力增强 归属于上市公司股东的净利润为 ...

近期荣科科技（300290）发布2025年一季报，证券之星财报模型分析如下： 营收与利润 荣科科技在2025年一季度实现营业总收入1.22亿元，同比微升0.52%。然而，归母净利润却录得-2571.35 万元，同比下降84.9%；扣非净利润为-2664.95万元，同比下降45.98%。这表明公司在收入增长的同 时，盈利能力显著下降。 费用控制 公司在销售费用、管理费用、财务费用上的支出总计达到4725.19万元，占营业收入的比例为38.85%， 相比去年同期略有下降，减少了0.55个百分点。尽管如此，较高的费用占比仍然对公司利润产生了一定 压力。 现金流与资产负债 截至报告期末，公司货币资金为1.43亿元，较去年同期减少了5.11%。同时，应收账款达到4.33亿元， 占最新年报营业总收入的比例高达56.47%，且同比增长了9.42%。有息负债为4757.38万元，同比增长 6.32%。此外，每股经营性现金流为-0.14元，虽然同比增加了18.08%，但依然为负值。 盈利能力 总结 从盈利能力来看，公司的毛利率为33.91%，较去年同期减少11.34个百分点；净利率为-18.31%，同比减 少了67.58个百分 ...

近期金房能源（001210）发布2025年一季报，证券之星财报模型分析如下： 营收与利润 应收账款与现金流 值得注意的是，本报告期金房能源的应收账款达到4.23亿元，同比增长13.21%，并且应收账款占最新年 报归母净利润的比例高达868.58%。此外，每股经营性现金流为-1.31元，同比减少了5.8%。这提示公司 可能面临较大的资金周转压力。 资产负债情况 公司的货币资金为4.09亿元，同比减少了11.13%。同时，有息负债大幅增加至5514.91万元，同比增长 超过百倍，达到10196.22%。这反映了公司在债务融资方面的显著变化。 总结 总体而言，金房能源在2025年一季度的财务表现较为稳健，但在应收账款管理和现金流方面存在一定的 风险点，需引起重视。 金房能源在2025年一季度实现了营业总收入6.29亿元，同比上升11.33%；归母净利润达到1.3亿元，同 比上升5.5%；扣非净利润为1.26亿元，同比上升4.72%。这表明公司在报告期内保持了一定的增长态 势。 盈利能力 从盈利能力来看，公司的毛利率为31.33%，同比增加了0.25个百分点；然而，净利率为20.91%，同比下 降了5.93个百分点。 ...

近期联域股份（001326）发布2025年一季报，证券之星财报模型分析如下： 联域股份2025年一季度财务表现欠佳，净利润大幅下滑，应收账款高企 一、总体概况 联域股份在2025年一季度实现了营业总收入3.79亿元，同比上升了3.42%。然而，公司的归母净利润仅 为1188.18万元，同比下降了70.47%；扣非净利润为1000.96万元，同比下降了71.0%。这表明尽管公司 在营业收入方面有所增长，但盈利能力显著下降。 二、关键财务指标分析 (一)盈利能力 毛利率 公司的毛利率为19.21%，较去年同期减少了14.73个百分点，显示出公司在成本控制方面遇到了挑战。 净利率 净利率为3.14%，与去年同期相比减少了71.45个百分点，进一步反映了公司盈利能力的减弱。 每股收益 每股收益为0.16元，同比减少了70.47%，这直接影响到股东的投资回报。 (二)费用控制 销售费用、管理费用和财务费用总计达到3160.79万元，占营收的比例为8.34%，同比增长了38.77%。费 用的快速增长可能对公司利润产生了较大的侵蚀作用。 (三)现金流状况 每股经营性现金流为-1.05元，同比减少了260.85%，表明公司在 ...

Revenue and Profit - The company achieved total revenue of 64.36 million yuan in Q1 2025, representing a year-on-year increase of 2.59% [1] - The net profit attributable to shareholders was -83.58 million yuan, showing a year-on-year increase of 5.74%, but still in a loss position [1] - The non-recurring net profit was -87.85 million yuan, with a year-on-year increase of 6.0%, also remaining negative [1] Profitability - The company's gross margin was 36.7%, a decrease of 36.14% compared to the same period last year [2] - The net profit margin was -130.09%, an increase of 8.17% year-on-year, indicating some improvement in cost control, but overall profitability remains weak [2] Expense Control - Total selling, administrative, and financial expenses amounted to 67.95 million yuan, with these expenses accounting for 105.58% of revenue, a year-on-year decrease of 12.83% [3] - Despite the reduction in expense ratio, it still exceeds revenue, indicating room for improvement in expense management [3] Assets and Liabilities - As of the end of the reporting period, the company's cash and cash equivalents were 461 million yuan, a decrease of 0.88% year-on-year [4] - Accounts receivable stood at 300 million yuan, down 13.66% year-on-year [4] - Interest-bearing liabilities increased by 18.96% year-on-year to 87.38 million yuan [4] Cash Flow and Per Share Metrics - The net asset per share was 8.49 yuan, a decrease of 24.66% year-on-year [5] - The operating cash flow per share was -0.73 yuan, an increase of 47.08% year-on-year [5] - Earnings per share were -0.69 yuan, reflecting a year-on-year increase of 5.48% [5] Business Model and Cash Flow Monitoring - The company's performance relies heavily on R&D and marketing efforts, necessitating careful examination of the underlying drivers [6] - The average operating cash flow to current liabilities ratio over the past three years was -171.91%, with negative net cash flow from operating activities [6]