公司最新毛利率为20.79%，在已披露的同业公司中排名第17，较上季度毛利率增加1.44个百分点，实现2个季度连续上涨，较去年同期毛利率增加6.88个百 分点。最新ROE为3.08%，较去年同期ROE增加2.81个百分点。 公司摊薄每股收益为0.44元，在已披露的同业公司中排名第15，较去年同报告期摊薄每股收益增加0.40元，同比较去年同期上涨1000.00%。 公司最新总资产周转率为0.23次，较去年同期总资产周转率增加0.05次，同比较去年同期上涨26.64%。最新存货周转率为2.24次。 公司股东户数为1.41万户，前十大股东持股数量为1.30亿股，占总股本比例为69.63%。 2025年8月27日，苏利股份(603585.SH)发布2025年中报。 公司营业总收入为13.03亿元，较去年同报告期营业总收入增加2.61亿元，实现2年连续上涨，同比较去年同期上涨25.04%。归母净利润为7979.06万元，在已 披露的同业公司中排名第22，较去年同报告期归母净利润增加7329.48万元，同比较去年同期上涨1128.33%。经营活动现金净流入为9660.49万元，在已披露 的同业公司中排名第22，较去年同报 ...

证券之星消息，永利股份2025年中报显示，公司主营收入11.41亿元，同比上升17.01%；归母净利润 1.13亿元，同比上升14.99%；扣非净利润1.07亿元，同比上升12.18%；其中2025年第二季度，公司单季 度主营收入6.33亿元，同比上升15.06%；单季度归母净利润7917.72万元，同比上升25.62%；单季度扣 非净利润7406.86万元，同比上升21.43%；负债率23.24%，投资收益1318.77万元，财务费用-603.02万 元，毛利率31.34%。 财报数据概要请见下图: l 数据评级 护城河 成长性 器利能力 财务健康 经营效率 安全边际 估值倍数 相对成长性 股息率 未来回报率 l 股东情况 十大流通股东 一 2023 2024 2025 ■ 营业总收入-中报(亿) ■ 单季度营业总收入-第二季度(亿) 一 归母净利润 一 归母净利润-中报(亿) 1.13 同比 +14.98% 单季度归母净利润-第二季度(万) 7917.72 同比 +25.61% 1.12 0.98 0.93 0.79 0.72 0.63 2023 2024 2025 ■ 单季度归母净利润-第二季度(亿) ...

证券之星消息，赣能股份2025年中报显示，公司主营收入30.31亿元，同比下降1.53%；归母净利润4.38 亿元，同比上升29.39%；扣非净利润4.44亿元，同比上升31.84%；其中2025年第二季度，公司单季度主 营收入15.61亿元，同比上升12.81%；单季度归母净利润2.45亿元，同比上升81.47%；单季度扣非净利 润2.51亿元，同比上升87.36%；负债率65.25%，投资收益5339.08万元，财务费用8796.22万元，毛利率 20.78%。 财报数据概要请见下图: l 数据评级 护城河 成长性 部能力 财务健康 经营效率 安全边际 估值倍数 相对成长性 股息率 未来回报率 2023 2024 2025 ■ 营业总收入-中报(亿) ■ 单季度营业总收入-第二季度(亿) 一 归母净利润 一 归母净利润-中报(亿) 4.38 同比 +29.39% 单季度归母净利润-第二季度(亿) 2.45 目比 +81.47% 4.38 3.38 2.45 1.35 1.35 1.29 2023 2024 2025 ■ 单季度归母净利润-第二季度(亿) ■ 归母净利润-中报(亿) 一 扣非净利润 一 扣非 ...

Core Insights - The company reported a total revenue of 632 million yuan for the first half of 2025, an increase of 117 million yuan compared to the same period last year, marking a year-on-year growth of 22.74% [1] - The net profit attributable to shareholders was -36.78 million yuan, an increase of 97.16 million yuan compared to the same period last year, indicating two consecutive years of improvement [1] - The company experienced a net cash inflow from operating activities of -52.30 million yuan, which is an increase of 43.89 million yuan compared to the same period last year, achieving three consecutive years of growth [1] Financial Ratios - The latest debt-to-asset ratio stands at 71.68%, a decrease of 0.16 percentage points from the previous quarter [3] - The gross profit margin is reported at 21.94%, an increase of 3.32 percentage points from the previous quarter and an increase of 1.88 percentage points year-on-year, achieving two consecutive years of growth [3] - The return on equity (ROE) is -3.68%, which is an improvement of 8.59 percentage points compared to the same period last year [3] Earnings and Efficiency Metrics - The diluted earnings per share are -0.06 yuan, an increase of 0.17 yuan compared to the same period last year, indicating two consecutive years of improvement [4] - The total asset turnover ratio is 0.17 times, an increase of 0.04 times year-on-year, representing a growth of 27.17% [4] - The inventory turnover ratio is 0.76 times, an increase of 0.07 times compared to the same period last year, reflecting a year-on-year increase of 10.01% [4] Shareholder Information - The number of shareholders is reported at 160,000, with the top ten shareholders holding a total of 39.99 million shares, accounting for 6.86% of the total share capital [4] - The largest shareholder is Sun Yingtong, holding 2.65% of the shares [4]

Core Insights - Tianli Technology (300399.SZ) reported a total revenue of 231 million yuan for the first half of 2025, with a net profit attributable to shareholders of 8.02 million yuan, an increase of 25.93 million yuan compared to the same period last year [1] Financial Performance - The company's operating cash flow showed a net outflow of 11.09 million yuan [1] - The latest debt-to-asset ratio is 5.52%, a decrease of 1.08 percentage points from the previous quarter and a decrease of 2.58 percentage points from the same period last year [3] - The latest gross profit margin is 2.98%, an increase of 0.61 percentage points from the previous quarter [3] - The return on equity (ROE) stands at 1.56%, an increase of 5.15 percentage points compared to the same period last year [3] - The diluted earnings per share (EPS) is 0.04 yuan, an increase of 0.13 yuan compared to the same period last year [3] Operational Metrics - The total asset turnover ratio is 0.41 times, while the inventory turnover ratio is 559.21 times [4] - The number of shareholders is 42,000, with the top ten shareholders holding a total of 101 million shares, accounting for 50.90% of the total share capital [4] - The largest shareholder is Shangrao Digital and Financial Industry Investment Group Co., Ltd., holding 30.00% of the shares [4]

Financial Overview - The total assets of the company at the end of the reporting period amounted to CNY 2,536,842,434.28, a decrease from CNY 2,602,564,682.81 at the beginning of the period [1][2] - Total liabilities decreased from CNY 716,111,009.74 to CNY 636,221,580.18, indicating a reduction in the company's debt levels [2][3] - The total equity attributable to the parent company increased slightly from CNY 1,855,899,796.75 to CNY 1,867,235,501.58 [2][3] Income Statement Highlights - The company reported total operating revenue of CNY 833,130,366.95 for the first half of 2025, up from CNY 656,772,443.52 in the same period of 2024, reflecting a growth of approximately 26.8% [3][4] - Operating costs decreased from CNY 1,556,902,152.60 to CNY 776,695,742.87, leading to a significant improvement in operating profit, which turned positive at CNY 35,778,266.23 compared to a loss of CNY 858,805,881.83 in the previous year [4][5] - The net profit for the period was CNY 14,175,330.49, a substantial recovery from a net loss of CNY 864,789,048.72 in the prior year [4][5] Cash Flow Analysis - The net cash flow from operating activities was negative at CNY -291,074,325.12, compared to CNY -89,151,410.22 in the previous year, indicating ongoing cash flow challenges [5][6] - Cash inflow from investing activities was CNY 1,571,769,080.87, primarily due to cash received from investment recoveries, while cash outflow was CNY 2,108,522,373.27, resulting in a net cash outflow of CNY -536,753,292.40 [5][6] - The net cash flow from financing activities was positive at CNY 943,524,346.74, showing the company’s ability to raise funds despite challenges in other areas [5][6] Balance Sheet Changes - Current assets decreased from CNY 2,071,425,621.76 to CNY 1,581,755,227.28, primarily due to a reduction in cash and cash equivalents [1][2] - Non-current assets increased significantly from CNY 531,139,061.05 to CNY 955,087,207.00, indicating potential investments in long-term assets [1][2] - The company's inventory increased from CNY 245,550,222.06 to CNY 302,180,533.17, suggesting a buildup of stock [1][2] Shareholder Equity - The total equity attributable to minority shareholders increased from CNY 30,553,876.32 to CNY 33,385,352.52, reflecting positive contributions from minority interests [2][3] - The company maintained its share capital at CNY 7,479,398,928.00, with no changes reported in the capital reserve [2][3]

Financial Overview - The company reported a total revenue of CNY 612,004,410.31 for the first half of 2025, an increase from CNY 570,242,181.92 in the same period of 2024, representing a growth of approximately 7.5% [5] - The total operating costs for the first half of 2025 were CNY 583,306,644.62, up from CNY 527,903,363.11 in the previous year, indicating an increase of about 10.5% [5] - The net profit for the first half of 2025 was CNY 27,434,232.16, a decrease from CNY 40,884,167.39 in the first half of 2024, reflecting a decline of approximately 32.8% [6] Balance Sheet Highlights - Total assets at the end of the reporting period were CNY 2,056,200,618.14, down from CNY 2,122,236,671.17 at the beginning of the year [3][4] - Total liabilities amounted to CNY 292,826,621.73, slightly increased from CNY 292,810,026.39 at the start of the year [3][4] - Shareholders' equity totaled CNY 1,763,373,996.41, down from CNY 1,829,426,644.78 at the beginning of the year, indicating a decrease of approximately 3.6% [4] Cash Flow Analysis - The net cash flow from operating activities for the first half of 2025 was CNY 7,902,300.46, a significant decrease from CNY 41,909,271.23 in the same period of 2024 [7] - Cash flow from investing activities showed a net outflow of CNY 29,122,100.17, compared to an outflow of CNY 28,661,627.78 in the previous year [7] - Cash flow from financing activities resulted in a net outflow of CNY 119,776,839.14, which is an increase in outflow compared to CNY 68,121,742.24 in the first half of 2024 [8] Key Ratios - Basic earnings per share for the first half of 2025 were CNY 0.0951, down from CNY 0.14 in the same period of 2024 [6] - The operating profit margin for the first half of 2025 was approximately 4.98%, compared to 7.66% in the previous year [6] - The return on equity (ROE) for the first half of 2025 was approximately 1.55%, down from 2.23% in the first half of 2024 [6]

Core Insights - The company reported a total revenue of 3.265 billion yuan for the first half of 2025, with a net profit attributable to shareholders of 696 million yuan [1] - The net cash inflow from operating activities was -132 million yuan, a decrease of 579 million yuan compared to the same period last year, representing a year-on-year decline of 129.54% [1] Financial Metrics - The latest debt-to-asset ratio is 37.98%, an increase of 1.92 percentage points from the previous quarter [3] - The latest gross profit margin stands at 50.73%, a slight decrease of 0.14 percentage points from the previous quarter [3] - The return on equity (ROE) is reported at 8.44% [3] - The diluted earnings per share (EPS) is 1.58 yuan [3] - The total asset turnover ratio is 0.26 times, while the inventory turnover ratio is 0.37 times [3] Shareholder Information - The number of shareholders is 11,700, with the top ten shareholders holding a total of 388 million shares, accounting for 88.02% of the total share capital [3] - The largest shareholder is ACM RESEARCH, INC., holding 81% of the shares [3]

Core Viewpoint - The quarterly report of Zhejiang Jiemai Technology Co., Ltd. indicates significant changes in financial metrics, with notable declines in net profit and operating cash flow, primarily due to increased costs and financial expenses [4][8]. Financial Data Summary Major Accounting Data and Financial Indicators - The company does not require retrospective adjustments or restatements of previous accounting data [4]. - There are no non-recurring profit and loss items applicable [4]. Balance Sheet Items - Accounts receivable financing increased by 101.58% compared to the beginning of the period, attributed to revenue growth and an increase in bank acceptance bills held [6]. - Other receivables decreased by 34.22%, mainly due to the receipt of export tax refunds from the previous year [6]. - Other current assets increased by 30.89%, driven by an increase in deductible VAT input tax [6]. - Contract liabilities grew by 31.88%, reflecting an increase in advance payments received [6]. - Employee compensation payable decreased by 47.92%, due to the distribution of last year's year-end bonuses [6]. - Taxes payable decreased by 59.57%, as a result of paying last year's land use tax and property tax [6]. - Other payables decreased by 57.26%, primarily due to payments made for the acquisition of controlling subsidiary Ruzhen Technology [6]. - Current portion of non-current liabilities increased by 37.18%, due to an increase in long-term loans due within one year [6]. - Other current liabilities surged by 128.76%, linked to an increase in advance payments and corresponding VAT to be transferred [6]. Income Statement Items - Financial expenses increased by 294.98%, due to the capitalization of interest on long-term loans and foreign exchange losses [7]. - Other income rose by 410.97%, attributed to increased government subsidies and VAT deductions [7]. - Investment income decreased, primarily due to increased financing discount losses and losses from equity method investments [7]. - Credit impairment losses decreased by 50.40%, due to a reduction in bad debt provisions [7]. - Asset impairment losses saw a significant decrease of 16714.91%, related to goodwill impairment losses from acquisitions [7]. - Operating profit declined by 42.67%, driven by rising material costs and increased depreciation [7]. - Total profit decreased by 42.67%, reflecting the same cost pressures [7]. - Net profit decreased by 39.86%, influenced by increased costs and financial expenses [8]. Cash Flow Statement Items - Net cash flow from operating activities decreased by 41.74%, due to increased payments for materials and employee compensation [9]. - Cash inflow from investment activities decreased by 66.72%, primarily due to reduced cash from asset disposals [9]. - Cash outflow for investment activities increased by 79.90%, linked to project investments [9]. - Net cash flow from financing activities decreased by 57.34%, due to increased loan repayments [9]. - The ending cash and cash equivalents balance decreased by 34.87% [9].

4月14日晚间，宁德时代发布2025年第一季度报告。 财报显示，第一季度宁德时代实现营业收入847.05亿元，同比增长6.18%；归属于上市公司股东的 净利润139.63亿元，同比增长32.85%。 | | 本报告期 | 上年同期 | 本报告期比上年同期增减(%) | | | --- | --- | --- | --- | --- | | 营业收入(千元) | 84.704.589 | 79.770.779 | | 6.18% | | 归属于上市公司股东的净利 | 13,962,558 | 10,509,923 | | 32.85% | | 润(千元) | | | | | | 归属于上市公司股东的扣除 非经常性损益的净利润(千 | 11,829,172 | 9.247.439 | | 27.92% | | 元) | | | | | | 经营活动产生的现金流量净 | 32,868,257 | 28.357.911 | | 15.91% | | 额(千元) | | | | | | 基本每股收益(元/股) | 3.18 | 2.39 | | 33.05% | | 稀释每股收益(元/股) | 3.18 | 2.39 ...