今夜，又有多家上市公司大手笔分红。 中国石化（600028）8月21日晚间发布2025年上半年业绩报告。报告期内，公司上半年实现营业收入 1.41万亿元，同比下降10.6%；归属于母公司股东净利润214.83亿元，同比下降39.8%。 | | 截至6月30日止6个月期间 | | 本报告期比上年 | | --- | --- | --- | --- | | 项目 | 2025年 | 2024年 | 同期增减 (%) | | | 人民币自力元 | 人民币自力元 | | | 营业收入 | 1.409.052 | 1,576,131 | (10.6) | | 利润息额 | 28.767 | 50.868 | (43.4) | | 归属于母公司股东净利润 | 21.483 | 35.703 | (39.8) | | 归属于母公司股东的扣除非经常 性损益后的净利润 | 21,215 | 35.582 | (40.4) | | 经营活动产生的现金流量净额 | 61.016 | 42,269 | 44.4 | | | 于2025年6月30日 | 于2024年12月31日 | 本报告期比上年 | | | 人民币自力元 | 人民币 ...

Group 1 - Tesla expects full-year capital expenditures to exceed $9 billion, down from a previous estimate of over $10 billion [1] - Tesla's stock fell more than 6% in pre-market trading following the announcement [1]

特斯拉预计全年资本支出超过90亿美元，此前预计超过100.0亿美元。 ...

Financial Data and Key Metrics Changes - The company reported a 16% year-over-year revenue growth and an 8% increase compared to the fourth quarter of 2024 [6][12] - Adjusted EBITDA grew nearly 18% year-over-year and remained flat sequentially [7] - Total consolidated revenue for the first quarter was $42.9 million, with tool rental revenue of approximately $34.5 million and product sales revenue of $8.3 million [12] - Adjusted free cash flow for the first quarter was $5.7 million, with net debt of $52.1 million [12][13] - The company recorded a noncash goodwill impairment of approximately $1.9 million, which does not affect day-to-day operations or liquidity [13] Business Line Data and Key Metrics Changes - The Western Hemisphere segment, which includes directional tool rentals and wellbore optimization tools, remained steady [14] - The Eastern Hemisphere segment, which includes deep casing tools and European drilling projects, showed some volatility, but tool rental revenue increased significantly compared to Q1 of 2024 [15] - The decline in product sales was primarily attributed to deep casing tools, which are expected to see increased demand in 2025 as customer-owned inventory depletes [15] Market Data and Key Metrics Changes - Despite a 6% global rig count decline, the company managed to increase revenue, validating its M&A strategy to strengthen its business model [12] - The Eastern Hemisphere accounted for 11% of total revenue in Q1, with expectations for growth as the year progresses [16] Company Strategy and Development Direction - The company is executing a two-phase strategy to manage potential disruptions in order flow due to market volatility [7] - A share buyback authorization of up to $10 million has been approved, reflecting confidence in the stock's value [11] - The company is focused on cost reduction measures, anticipating $6 million in annual savings [18] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about increased volatility and uncertainty in the marketplace due to tariffs and potential recession impacts [7] - The company has adjusted its 2025 revenue guidance to a range of $145 million to $165 million, with adjusted EBITDA expected between $32 million and $42 million [19] - Management remains optimistic about the demand for complex wellbore solutions and believes that their differentiated technology will provide value to clients [22] Other Important Information - The company is maintaining its planned capital expenditures to support growth in its RotoShear product line and international expansion [16] - Maintenance capital expenditures were approximately 10% of total revenue, reflecting a trend of lower investment due to declining rig counts [17] Q&A Session Summary Question: How is the company maintaining free cash flow in a challenging environment? - Management highlighted cost reductions and strategic CapEx management to preserve EBITDA margins [26][29] Question: What is the outlook for the Eastern Hemisphere, particularly in Saudi Arabia? - Management noted flat conditions in the Middle East but mentioned that they are gaining traction in other areas despite rig count softness [30][32] Question: How does the company view the North American market for the back half of the year? - Management anticipates some softness in the U.S. market but noted that Canadian operations may be more resilient [40][42] Question: Can you elaborate on the CapEx program and growth focus? - The focus will be on new technology and tools with growth potential, while sustaining the existing rental fleet [53]