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劲拓股份2025上半年毛利率下滑至34.40%,资产负债率上升5.47个百分点
Jin Rong Jie· 2025-08-12 00:00
Core Viewpoint - Jintuo Co., Ltd. reported a steady growth in its operating performance for the first half of 2025, with significant increases in revenue and net profit, indicating a positive trend in the company's financial health [1][3]. Financial Performance - The company achieved an operating revenue of 369 million yuan, representing a year-on-year growth of 12.44% [1]. - The net profit attributable to shareholders reached 53 million yuan, showing a substantial year-on-year increase of 49.01% [1]. - The net profit margin improved from 10.35% in the first half of 2024 to 14.47% in 2025, an increase of 4.12 percentage points [3]. - The return on equity (ROE) for the first half of 2025 was 6.51%, up by 2.17 percentage points compared to the previous year [3]. Operational Efficiency - The inventory turnover days decreased to 132.35 days, down by 22.57 days from the first half of 2024, indicating improved inventory management efficiency [5]. - The net cash flow from operating activities was 79 million yuan, a 30% increase from 49 million yuan in the same period of 2024 [5]. - The company's debt-to-asset ratio rose to 35.67%, an increase of 5.47 percentage points year-on-year, indicating rising leverage [5]. Market Position - As of the first half of 2025, the number of institutional investors holding Jintuo shares decreased to 3, down from 18 in the same period of 2024, reflecting a decline in institutional interest [7]. - The company's market capitalization was reported at 6.051 billion yuan, significantly lower than its peak market value of 10.416 billion yuan in May 2015, requiring a 72.13% increase in stock price to reach that historical high [7].