据证券之星公开数据整理，近期湖北宜化(000422)发布2025年中报。截至本报告期末，公司营业总收入 120.05亿元，同比下降8.98%，归母净利润3.99亿元，同比下降43.92%。按单季度数据看，第二季度营 业总收入80.59亿元，同比下降10.25%，第二季度归母净利润3.65亿元，同比下降36.48%。本报告期湖 北宜化应收账款上升，应收账款同比增幅达207.25%。 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18.78%，同比减15.87%，净利率6.28%， 同比减37.19%，销售费用、管理费用、财务费用总计7.42亿元，三费占营收比6.18%，同比增11.34%， 每股净资产5.04元，同比减25.99%，每股经营性现金流1.19元，同比减41.7%，每股收益0.37元，同比减 45.21% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 131.89 Z | 120.05 Z | -8.98% | | 归母浄利润（元） | 7.11亿 | 2666'E | -43.92% | | ...

据证券之星公开数据整理，近期仙鹤股份(603733)发布2025年中报。截至本报告期末，公司营业总收入 59.91亿元，同比上升30.14%，归母净利润4.74亿元，同比下降13.8%。按单季度数据看，第二季度营业 总收入30.0亿元，同比上升25.27%，第二季度归母净利润2.38亿元，同比下降15.39%。本报告期仙鹤股 份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181.16%。 本次财报公布的各项数据指标表现一般。其中，毛利率13.71%，同比减22.51%，净利率7.97%，同比减 33.82%，销售费用、管理费用、财务费用总计2.99亿元，三费占营收比4.99%，同比增9.82%，每股净资 产11.25元，同比增8.01%，每股经营性现金流0.47元，同比增326.24%，每股收益0.67元，同比减14.1% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 46.04亿 | 59.91 亿 | 30.14% | | 归母净利润(元) | 5.5亿 | 4.74亿 | -13.80% | ...

据证券之星公开数据整理，近期康尼机电（603111）发布2025年中报。截至本报告期末，公司营业总收 入20.17亿元，同比上升25.27%，归母净利润1.55亿元，同比上升41.74%。按单季度数据看，第二季度 营业总收入11.46亿元，同比上升29.46%，第二季度归母净利润1.04亿元，同比上升60.64%。本报告期 康尼机电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544.7%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率29.57%，同比减3.37%，净利率8.14%，同比增 14.55%，销售费用、管理费用、财务费用总计2.34亿元，三费占营收比11.59%，同比减18.04%，每股净 资产4.45元，同比增9.99%，每股经营性现金流0.37元，同比增679.16%，每股收益0.18元，同比增50.0% | 康尼机电 最新财务摘要 | | --- | | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 16.1亿 | 20.17 乙 | 25.27% | | 归母净利润(元) | ...

据证券之星公开数据整理，近期荣盛石化(002493)发布2025年中报。截至本报告期末，公司营业总收入 1486.29亿元，同比下降7.83%，归母净利润6.02亿元，同比下降29.82%。按单季度数据看，第二季度营 业总收入736.54亿元，同比下降8.12%，第二季度归母净利润1368.28万元，同比下降95.52%。本报告期 荣盛石化盈利能力上升，毛利率同比增幅7.17%，净利率同比增幅8.12%。 本次财报公布的各项数据指标表现一般。其中，毛利率13.29%，同比增7.17%，净利率1.12%，同比增 8.12%，销售费用、管理费用、财务费用总计37.61亿元，三费占营收比2.53%，同比减3.14%，每股净资 产4.29元，同比减1.05%，每股经营性现金流0.75元，同比减9.6%，每股收益0.06元，同比减33.33% 持有荣盛石化最多的基金为永赢合享混合发起A，目前规模为0.65亿元，最新净值1.2802(8月22日)，较 上一交易日上涨1.39%，近一年上涨37.97%。该基金现任基金经理为曾琬云。 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2.92%，资本回报率不强。去 ...

据证券之星公开数据整理，近期深高速(600548)发布2025年中报。截至本报告期末，公司营业总收入 39.19亿元，同比上升4.3%，归母净利润9.6亿元，同比上升24.04%。按单季度数据看，第二季度营业总 收入21.47亿元，同比上升24.89%，第二季度归母净利润4.82亿元，同比上升59.09%。本报告期深高速 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86.07%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率36.96%，同比减3.66%，净利率26.3%，同比增 16.09%，销售费用、管理费用、财务费用总计5.63亿元，三费占营收比14.37%，同比减26.68%，每股净 资产9.03元，同比增11.4%，每股经营性现金流0.77元，同比减4.6%，每股收益0.38元，同比增22.44% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 37.57亿 | 39.19 Z | 4.30% | | 归母浄利润（元） | 7.74亿 | 9.6亿 | 24.04% | | 扣非净利润 ...

据证券之星公开数据整理，近期润丰股份（301035）发布2025年中报。截至本报告期末，公司营业总收 入65.31亿元，同比上升14.94%，归母净利润5.56亿元，同比上升205.62%。按单季度数据看，第二季度 营业总收入38.44亿元，同比上升28.64%，第二季度归母净利润2.99亿元，同比上升932.3%。本报告期 润丰股份盈利能力上升，毛利率同比增幅5.89%，净利率同比增幅151%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率21.42%，同比增5.89%，净利率9.56%，同比增 151.0%，销售费用、管理费用、财务费用总计3.26亿元，三费占营收比4.99%，同比减64.14%，每股净 资产25.22元，同比增9.05%，每股经营性现金流3.18元，同比增738.89%，每股收益2.0元，同比增 207.69% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 56.82亿 | 65.31亿 | 14.94% | | 归母净利润（元） | 1.82亿 | 5.56 Z | 205.62% ...

据证券之星公开数据整理，近期天鹅股份（603029）发布2025年中报。截至本报告期末，公司营业总收 入3.21亿元，同比上升23.47%，归母净利润1809.63万元，同比上升20.41%。按单季度数据看，第二季 度营业总收入1.99亿元，同比上升28.91%，第二季度归母净利润1073.33万元，同比上升33.37%。本报 告期天鹅股份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198.27%。 在建工程变动幅度为33.71%,原因:图木舒克天鹅项目建设增加投资。 应交税费变动幅度为-71.44%,原因:缴纳了企业所得税和增值税。 一年内到期的非流动负债变动幅度为-49.22%,原因:租赁将于本年度到期。 本次财报公布的各项数据指标表现一般。其中，毛利率28.47%，同比减5.49%，净利率5.65%，同比减 2.0%，销售费用、管理费用、财务费用总计4899.01万元，三费占营收比15.26%，同比减11.86%，每股 净资产7.37元，同比增6.17%，每股经营性现金流-1.33元，同比减0.05%，每股收益0.15元，同比增 25.0% | 项目 | 2024年中报 | 2025年中报 ...

Core Viewpoint - Guangku Technology (300620) reported strong financial performance for the first half of 2025, with significant increases in revenue and net profit compared to the previous year, indicating robust growth and operational efficiency [1]. Financial Performance - Total revenue reached 597 million yuan, a year-on-year increase of 41.58% [1] - Net profit attributable to shareholders was 51.87 million yuan, up 70.96% year-on-year [1] - In Q2 alone, total revenue was 331 million yuan, reflecting a 26.89% increase year-on-year, while net profit for the quarter was 41.02 million yuan, up 72.04% [1] - Gross margin decreased to 30.92%, down 12.06% year-on-year, while net margin slightly improved to 8.23%, up 0.66% [1] - Total operating expenses were 71.15 million yuan, accounting for 11.93% of revenue, a decrease of 7.08% year-on-year [1] Balance Sheet Highlights - Accounts receivable increased by 39.92% year-on-year, reaching 438 million yuan [1] - Cash and cash equivalents rose to 880 million yuan, a 46.91% increase [1] - Interest-bearing liabilities surged by 270.75% to 731 million yuan [1] - The company reported a significant increase in lease liabilities, up 22,136.24% due to new leasing assets [2] Cash Flow Analysis - Operating cash flow per share decreased significantly by 92.54% to 0.04 yuan, attributed to reduced R&D funding and increased working capital requirements [1][5] - The net cash flow from operating activities showed a decline of 92.55%, indicating challenges in cash generation despite revenue growth [5] Investment and Market Position - The company’s return on invested capital (ROIC) was reported at 2.93%, indicating relatively low capital efficiency compared to historical averages [5][6] - The company’s business model is heavily reliant on R&D, necessitating close examination of the underlying drivers of this growth [6] Fund Holdings - The largest fund holding Guangku Technology is the Shenwan Lixin CSI 1000 Index Enhanced A, with a current scale of 87 million yuan and a recent net value increase of 1.27% [8]

Core Viewpoint - The recent financial report of Kaipuyun (688228) shows a modest increase in revenue and a significant improvement in net profit, indicating a positive trend in the company's financial health despite challenges in gross margin and cash flow [1][2]. Financial Performance - Total revenue for the first half of 2025 reached 160 million yuan, a year-on-year increase of 2.99% [1] - Net profit attributable to shareholders was 3.78 million yuan, up 123.05% year-on-year [1] - In Q2 2025, total revenue was 99.48 million yuan, reflecting a 47.72% increase year-on-year [1] - Q2 net profit attributable to shareholders was 3.05 million yuan, an increase of 118.27% year-on-year [1] - Gross margin stood at 40.95%, down 9.59% year-on-year [1] - Net margin improved to -0.34%, a 98.2% increase year-on-year [1] - Total operating expenses were 54.66 million yuan, accounting for 34.21% of revenue, down 29.47% year-on-year [1] Cash Flow and Debt - The company reported a significant increase in accounts receivable, with the ratio of accounts receivable to net profit reaching 1734.03% [1][3] - Cash flow from operations per share was -0.95 yuan, an improvement of 55.69% year-on-year [1] - The company has a healthy cash asset position, but the average operating cash flow over the past three years has been negative [2][3] Investment Metrics - The return on invested capital (ROIC) for the previous year was 1.11%, indicating weak capital returns [1] - The historical median ROIC since the company's listing is 9.28%, suggesting better investment returns in the past [1] - The company’s earnings per share for the first half of 2025 was 0.06 yuan, a 124% increase year-on-year [1] Market Position - The largest fund holding Kaipuyun shares is Guoxin Guozheng New Profit Mixed A, which has recently increased its position [4] - The fund's current scale is 19 million yuan, with a recent net value increase of 0.24% [4]

Core Insights - Nanjing Julong (300644) reported a total revenue of 595 million yuan for Q1 2025, representing a year-on-year increase of 32.48% [1] - The net profit attributable to shareholders reached 30.53 million yuan, up 33.56% year-on-year [1] Financial Performance - Total revenue for Q1 2025 was 595 million yuan, compared to 449 million yuan in Q1 2024, marking a 32.48% increase [1] - Net profit attributable to shareholders was 30.53 million yuan, up from 22.86 million yuan in the same quarter last year, reflecting a 33.56% growth [1] - Gross margin improved to 16.09%, an increase of 13.03% year-on-year, while net margin slightly increased to 5.18% [1] - Total expenses (selling, administrative, and financial) amounted to 44.11 million yuan, accounting for 7.42% of revenue, down 3.87% year-on-year [1] Balance Sheet Highlights - Cash and cash equivalents rose to 136 million yuan, a 48.46% increase from 91.48 million yuan [1] - Accounts receivable increased to 711 million yuan, with a year-on-year growth of 31.71% [1] - Interest-bearing liabilities were reported at 554 million yuan, a 6.64% increase from the previous year [1] Earnings Metrics - Earnings per share (EPS) increased to 0.30 yuan, up 40.73% from 0.21 yuan [1] - Operating cash flow per share was reported at -0.58 yuan, a significant decrease of 281.42% year-on-year [1] - Book value per share rose to 8.46 yuan, reflecting a 2.96% increase [1] Business Evaluation - The company's return on invested capital (ROIC) was 8.05%, indicating average capital returns [4] - The net profit margin for the previous year was 3.65%, suggesting low added value for products or services [4] - The company has raised a total of 288 million yuan since its IPO, with cumulative dividends amounting to 126 million yuan, resulting in a dividend-to-financing ratio of 0.44 [4] Cash Flow and Debt Analysis - Cash flow metrics indicate that cash and cash equivalents represent only 7.61% of total assets and 21.52% of current liabilities [4] - The interest-bearing debt ratio stands at 23.29%, with interest-bearing liabilities amounting to 11.26 times the average operating cash flow over the past three years [4] - Financial expenses accounted for 60.74% of the average operating cash flow over the past three years [4] - Accounts receivable represent 843.58% of profit, indicating potential liquidity concerns [4]