2025年8月21日，春光智能(838810.BJ)发布2025年中报。 公司最新毛利率为31.54%，较上季度毛利率增加0.54个百分点，实现2个季度连续上涨，较去年同期毛利率增加6.47个百分点。最新ROE为2.56%，较去年同 期ROE增加5.51个百分点。 公司摊薄每股收益为0.09元，较去年同报告期摊薄每股收益增加0.21元。 公司最新总资产周转率为0.14次，较去年同期总资产周转率增加0.04次，同比较去年同期上涨42.20%。最新存货周转率为0.45次，较去年同期存货周转率增 加0.07次，同比较去年同期上涨17.18%。 公司股东户数为6203户，前十大股东持股数量为4445.23万股，占总股本比例为64.89%，前十大股东持股情况如下： | 序号 | 股东名称 | 持股 | | --- | --- | --- | | l | 毕春光 | 26.7. | | 2 | 边境 | 19.8 | | 3 | 方福鑫 | 6.34 | | 4 | 辽宁春光资产管理中心(有限合伙) | 6.34 | | 5 | 転重 | 2.53 | | 6 | 金乐昌 | 1.00 | | 7 | 中国中金财富证券有 ...

Financial Performance - The company reported a total revenue of 619 million yuan, an increase of 97.64 million yuan compared to the same period last year, representing a year-on-year growth of 18.74% [1] - The net profit attributable to shareholders was 30.31 million yuan, an increase of 52.70 million yuan compared to the same period last year [1] - The net cash flow from operating activities was -156 million yuan [1] Profitability Metrics - The latest gross profit margin was 15.23%, an increase of 0.17 percentage points from the previous quarter, marking three consecutive quarters of growth, and up 7.02 percentage points from the same period last year [3] - The latest return on equity (ROE) was 1.89%, an increase of 3.33 percentage points compared to the same period last year [3] Efficiency Ratios - The diluted earnings per share were 0.18 yuan, an increase of 0.32 yuan compared to the same period last year [4] - The total asset turnover ratio was 0.22 times, an increase of 0.03 times year-on-year, representing a growth of 12.62% [4] - The inventory turnover ratio was 2.16 times, an increase of 0.68 times compared to the same period last year, reflecting a year-on-year growth of 45.67% [4] Shareholder Information - The number of shareholders was 10,100, with the top ten shareholders holding 91.30 million shares, accounting for 55.25% of the total share capital [4]

Core Insights - The company reported a total revenue of 1.271 billion yuan for the first half of 2025, representing an increase of 28.499 million yuan or 2.29% year-on-year [1] - The net profit attributable to shareholders reached 67.0481 million yuan, an increase of 25.8233 million yuan or 62.64% compared to the same period last year [1] - The net cash inflow from operating activities was 129 million yuan, up by 16.7631 million yuan or 14.91% year-on-year [1] Financial Ratios - The latest debt-to-asset ratio stands at 70.69%, a decrease of 0.34 percentage points from the previous quarter [3] - The gross profit margin is reported at 35.01%, an increase of 0.12 percentage points from the previous quarter, marking three consecutive quarters of growth and a year-on-year increase of 1.09 percentage points [3] - The return on equity (ROE) is 4.77%, up by 2.02 percentage points compared to the same period last year [3] Earnings Per Share - The diluted earnings per share (EPS) is 0.14 yuan, an increase of 0.05 yuan or 62.67% year-on-year [3] Asset Management - The total asset turnover ratio is 0.27 times, while the inventory turnover ratio is 2.56 times [3] Shareholder Structure - The number of shareholders is 23,100, with the top ten shareholders holding 332 million shares, accounting for 70.50% of the total share capital [3] - The largest shareholder, Pan Jinhai, holds 56.40% of the shares [3]