据证券之星公开数据整理，近期北大医药(000788)发布2025年中报。根据财报显示，北大医药净利润同 比增长15.51%。截至本报告期末，公司营业总收入9.57亿元，同比下降5.04%，归母净利润1.0亿元，同 比上升15.51%。按单季度数据看，第二季度营业总收入4.55亿元，同比下降11.52%，第二季度归母净利 润5465.34万元，同比上升27.76%。 本次财报公布的各项数据指标表现一般。其中，毛利率25.83%，同比减10.61%，净利率10.48%，同比 增21.69%，销售费用、管理费用、财务费用总计1.1亿元，三费占营收比11.53%，同比减29.93%，每股 净资产2.68元，同比增6.95%，每股经营性现金流0.04元，同比减55.19%，每股收益0.17元，同比增 15.51% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 10.08亿 | 9.57 亿 | -5.04% | | 归母浄利润（元） | 8682.54万 | 1亿 | 15.51% | | 扣非净利润(元) | 8648 ...

所得税费用变动幅度为-184.28%,原因:并表公司亏损，所得税费用减少，同时评估增值产生的合并递延 所得税费用减少。 经营活动产生的现金流量净额变动幅度为55.29%,原因:当期现金回款增加及支付税费减少。 据证券之星公开数据整理，近期飞鹿股份（300665）发布2025年中报。截至本报告期末，公司营业总收 入2.38亿元，同比上升48.77%，归母净利润-3866.29万元，同比上升18.97%。按单季度数据看，第二季 度营业总收入1.64亿元，同比上升78.5%，第二季度归母净利润-2339.31万元，同比上升31.52%。本报告 期飞鹿股份公司应收账款体量较大，当期应收账款占最新年报营业总收入比达91.78%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率7.34%，同比减42.63%，净利率-16.17%，同比 增46.74%，销售费用、管理费用、财务费用总计4949.84万元，三费占营收比20.79%，同比减43.54%， 每股净资产1.84元，同比减27.88%，每股经营性现金流-0.13元，同比增55.27%，每股收益-0.2元，同比 增18.94% | 项目 | 2024年中报 | 20 ...

财务报表中对有大幅变动的财务项目的原因说明如下：所得税费用变动幅度为-449.52%,原因:递延所得 税资产增加影响所得税。经营活动产生的现金流量净额变动幅度为-58.59%,原因:应收款项及存货增加造 成现金净流入减少。投资活动产生的现金流量净额变动幅度为371.39%,原因:出售子公司股权收到预付 款。筹资活动产生的现金流量净额变动幅度为77.94%,原因:上期归还借款约增加6000余万元及增加保证 金5000余万元。 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1.45%，近年资本回报率不强。公司 业绩具有周期性。去年的净利率为0.66%，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2.67%，中位投资回报较弱，其中最惨年份2023年的 ROIC为-6.37%，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14份，亏损年份1 次，需要仔细研究下有无特殊原因。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(货币资 ...

据证券之星公开数据整理，近期三峡水利（600116）发布2025年中报。截至本报告期末，公司营业总收 入48.96亿元，同比下降6.1%，归母净利润4793.28万元，同比下降79.07%。按单季度数据看，第二季度 营业总收入26.25亿元，同比下降4.47%，第二季度归母净利润5226.03万元，同比下降75.93%。本报告 期三峡水利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468.82%。 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10.56%，同比减10.99%，净利率0.71%， 同比减83.02%，销售费用、管理费用、财务费用总计3.45亿元，三费占营收比7.06%，同比增14.14%， 每股净资产5.76元，同比减0.87%，每股经营性现金流0.12元，同比减28.63%，每股收益0.03元，同比减 75.0% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 52.15 Z | 48.96 Z | -6.10% | | 归母净利润(元) | 2.29 Z | 4793.2 ...

据证券之星公开数据整理，近期南京公用（000421）发布2025年中报。截至本报告期末，公司营业总收 入28.67亿元，同比上升16.07%，归母净利润3128.3万元，同比上升276.94%。按单季度数据看，第二季 度营业总收入8.24亿元，同比下降15.06%，第二季度归母净利润-163.13万元，同比上升92.84%。本报告 期南京公用盈利能力上升，毛利率同比增幅15.86%，净利率同比增幅260.72%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率14.18%，同比增15.86%，净利率1.75%，同比增 260.72%，销售费用、管理费用、财务费用总计3.67亿元，三费占营收比12.79%，同比减11.62%，每股 净资产4.74元，同比增3.54%，每股经营性现金流2.49元，同比增423.41%，每股收益0.05元，同比增 277.45% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 24.7 亿 | 28.67亿 | 16.07% | | 归母浄利润（元） | -1768.02万 | 31 ...

Core Viewpoint - Tianyu Digital Technology (002354) reported significant growth in both revenue and net profit for the first half of 2025, indicating a positive trend in its financial performance [1]. Financial Performance Summary - The total operating revenue reached 988 million yuan, a year-on-year increase of 29.64% [1] - The net profit attributable to shareholders was 23.62 million yuan, showing a remarkable year-on-year growth of 453.67% [1] - In Q2 2025, the operating revenue was 503 million yuan, up 28.22% year-on-year, while the net profit attributable to shareholders was 18.38 million yuan, an increase of 191.96% [1] Key Financial Metrics - Gross margin stood at 22.69%, a decrease of 4.78% year-on-year [1] - Net margin improved to 2.87%, a significant increase of 21043.8% year-on-year [1] - Total selling, administrative, and financial expenses amounted to 166 million yuan, accounting for 16.78% of revenue, down 7.93% year-on-year [1] - Earnings per share (EPS) reached 0.01 yuan, a year-on-year increase of 457.5% [1] - Operating cash flow per share was 0.05 yuan, reflecting a substantial increase of 537.05% year-on-year [1] Revenue and Cost Analysis - The increase in operating revenue by 29.64% was attributed to growth in data traffic business income [3] - Operating costs rose by 31.58%, primarily due to increased costs associated with data traffic business [4] - Sales expenses increased by 30.15% as the company intensified its sales efforts in the data traffic sector [4] Cash Flow and Financing - The net cash flow from operating activities saw a significant increase of 537.05%, attributed to reduced cash payments for purchases due to short-term loans being paid directly to suppliers by a third-party financial company [5] - The net increase in cash and cash equivalents surged by 829.84%, driven by the increase in net cash flow from operating activities [6] - Financing activities reflected a negative cash flow change of -7122.44%, primarily due to increased cash payments for repaying short-term loans [5]

| | | 据证券之星公开数据整理，近期德美化工（002054）发布2025年中报。截至本报告期末，公司营业总收 入14.7亿元，同比下降1.45%，归母净利润4791.6万元，同比上升16.97%。按单季度数据看，第二季度 营业总收入7.82亿元，同比下降3.64%，第二季度归母净利润1619.96万元，同比下降30.31%。本报告期 德美化工盈利能力上升，毛利率同比增幅10.63%，净利率同比增幅470.95%。 本次财报公布的各项数据指标表现一般。其中，毛利率26.12%，同比增10.63%，净利率3.24%，同比增 470.95%，销售费用、管理费用、财务费用总计2.03亿元，三费占营收比13.81%，同比减1.12%，每股净 资产5.12元，同比增1.16%，每股经营性现金流0.47元，同比增53.47%，每股收益0.1元，同比增18.16% 筹资活动产生的现金流量净额变动幅度为-85.84%,原因:本期偿还债务支付的现金增加。 证券之星价投圈财报分析工具显示： | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元 ...

据证券之星公开数据整理，近期金迪克（688670）发布2025年中报。截至本报告期末，公司营业总收入 352.42万元，同比上升7.18%，归母净利润-3965.31万元，同比上升2.97%。按单季度数据看，第二季度 营业总收入6.04万元，同比上升103.49%，第二季度归母净利润-2207.18万元，同比下降13.91%。本报告 期金迪克存货明显上升，存货同比增幅达83.9%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率94.77%，同比增21.99%，净利率-1125.15%，同 比增9.47%，销售费用、管理费用、财务费用总计3454.96万元，三费占营收比980.34%，同比减 30.86%，每股净资产10.05元，同比减6.94%，每股经营性现金流-0.69元，同比增4.24%，每股收益-0.32 元，同比增3.03% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 328.82万 | 352.42万 | 7.18% | | 归母浄利润（元） | -4086.71万 | -3965.31万 | ...

据证券之星公开数据整理，近期东贝集团（601956）发布2025年中报。截至本报告期末，公司营业总收 入31.87亿元，同比上升4.05%，归母净利润6821.52万元，同比下降31.6%。按单季度数据看，第二季度 营业总收入16.87亿元，同比上升5.1%，第二季度归母净利润2296.72万元，同比下降55.55%。本报告期 东贝集团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1513.65%。 本次财报公布的各项数据指标表现一般。其中，毛利率10.0%，同比减16.0%，净利率1.98%，同比减 38.53%，销售费用、管理费用、财务费用总计1.28亿元，三费占营收比4.0%，同比减12.94%，每股净资 产4.04元，同比增2.2%，每股经营性现金流0.22元，同比增125.79%，每股收益0.11元，同比减31.12% 在建工程变动幅度为75.85%,原因:铸造攀宇工业园二期项目投入。 长期待摊费用变动幅度为43.68%,原因:子公司待摊装修费增加。 合同负债变动幅度为104.12%,原因:订单执行进度变化。 应付职工薪酬变动幅度为-46.5%,原因:计提奖金本期发放。 应交税费变动幅度 ...

Core Viewpoint - Sany Heavy Industry (600031) reported strong financial performance for the first half of 2025, with significant increases in revenue and net profit compared to the previous year [1]. Financial Performance - Total revenue reached 44.78 billion yuan, a year-on-year increase of 14.64% [1]. - Net profit attributable to shareholders was 5.216 billion yuan, up 46.0% year-on-year [1]. - In Q2 2025, total revenue was 23.603 billion yuan, reflecting an 11.18% increase year-on-year, while net profit for the quarter was 2.745 billion yuan, up 37.76% [1]. - Gross margin improved to 27.44%, an increase of 2.77% year-on-year, and net margin rose to 11.87%, up 26.01% [1]. - Total expenses (selling, administrative, and financial) amounted to 3.328 billion yuan, accounting for 7.43% of revenue, a decrease of 28.21% year-on-year [1]. Key Financial Ratios - Earnings per share (EPS) increased to 0.62 yuan, a rise of 46.19% year-on-year [1]. - Operating cash flow per share was 1.2 yuan, up 20.26% year-on-year [1]. - The company's net asset value per share was 8.67 yuan, reflecting a 6.44% increase year-on-year [1]. Accounts Receivable and Liabilities - Accounts receivable amounted to 28.144 billion yuan, a 6.04% increase year-on-year, with accounts receivable to net profit ratio at 471% [1]. - Interest-bearing liabilities decreased to 19.086 billion yuan, down 28.78% year-on-year [1]. Investment Insights - Analysts expect the company's performance for 2025 to reach 8.612 billion yuan, with an average EPS forecast of 1.01 yuan [2]. - The company is held by notable fund managers, including Liu Lili from Fortune Fund, who is recognized for identifying growth stocks [2]. Business Evaluation - The company's return on invested capital (ROIC) was 5.84%, indicating average capital returns [4]. - The net profit margin was 7.83%, suggesting moderate value addition from products or services [4]. - Historical data shows a median ROIC of 5.82% over the past decade, indicating generally weak investment returns [4]. Cash Flow and Receivables - The cash flow situation is a concern, with cash and cash equivalents to current liabilities ratio at 81.12% [4]. - The high ratio of accounts receivable to profit (471%) warrants close monitoring [4].