2025年8月28日，隧道股份(600820.SH)发布2025年中报。 公司营业总收入为220.21亿元，在已披露的同业公司中排名第1，较去年同报告期营业总收入减少60.22 亿元，同比较去年同期下降21.47%。归母净利润为7.27亿元，在已披露的同业公司中排名第1，较去年 同报告期归母净利润减少5808.86万元，同比较去年同期下降7.40%。经营活动现金净流入为-37.10亿 元，在已披露的同业公司中排名第23，较去年同报告期经营活动现金净流入增加5195.51万元。 公司最新资产负债率为76.04%，在已披露的同业公司中排名第18，较上季度资产负债率增加0.28个百分 点，较去年同期资产负债率减少2.03个百分点。 公司摊薄每股收益为0.21元，在已披露的同业公司中排名第2，较去年同报告期摊薄每股收益减少0.04 元，同比较去年同期下降16.00%。 公司最新总资产周转率为0.13次，在已披露的同业公司中排名第9，较去年同期总资产周转率减少0.05 次，同比较去年同期下降26.34%。最新存货周转率为12.85次，较去年同期存货周转率减少8.04次，同 比较去年同期下降38.49%。 公司股东户数为 ...

格隆汇8月27日丨龙建股份(600853.SH)发布中报，2025上半年实现营业总收入50.83亿元，同比增长 1.98%；归属母公司股东净利润6993.57万元，同比增长1.13%；基本每股收益为0.07元。 ...

Core Points - The company plans to distribute a cash dividend of 0.08 yuan per share (including tax) based on a total share capital of 3,144,096,094 shares as of June 30, 2025, which represents 37.71% of the net profit attributable to ordinary shareholders for the first half of 2025 [1][2] Group 1: Profit Distribution Plan - The company achieved a net profit of 667,016,872.11 yuan attributable to ordinary shareholders for the first half of 2025 [1] - The profit distribution plan is based on the total share capital as of the equity distribution registration date, with adjustments to the per-share dividend if the total share capital changes before that date [1][2] Group 2: Decision-Making Process - The company's board of directors approved the profit distribution plan during the 48th meeting of the 10th board on August 26, 2025 [2] - The shareholders' meeting held on June 27, 2025, authorized the board to formulate and implement the mid-term dividend plan without requiring further shareholder approval [2] - The supervisory board also approved the profit distribution plan, confirming that it aligns with the company's operational needs and shareholder interests [2]

Group 1 - The board meeting of Shanghai Tunnel Engineering Co., Ltd. was held on August 26, 2025, with 7 out of 8 directors present, and all resolutions were passed unanimously [1][2] - The meeting approved the company's 2025 semi-annual report, with all votes in favor [2] - The board authorized the Macau and Hong Kong branches to handle certain overseas business matters, which was also passed unanimously [2] Group 2 - The company announced a profit distribution plan for the first half of 2025, proposing a cash dividend of 0.80 yuan per 10 shares (including tax), amounting to a total distribution of 251,527,687.52 yuan, which represents 37.71% of the net profit attributable to shareholders [2] - The profit distribution plan does not require further approval from the shareholders' meeting, as it was authorized by the shareholders' meeting held on June 27, 2025 [2]

Core Insights - *ST Weihai reported a total revenue of 830 million yuan for the first half of 2025, a decrease of 4.1% year-on-year, while the net profit attributable to shareholders increased by 116.29% to 8.33 million yuan [1] - The company's gross margin improved significantly, with a year-on-year increase of 63.32%, and the net margin also saw a substantial rise of 111.14% [1] Financial Performance - Total revenue for 2025 was 830 million yuan, down from 865 million yuan in 2024, reflecting a decline of 4.1% [1] - The net profit attributable to shareholders rose to 8.33 million yuan from a loss of 51.11 million yuan in 2024, marking a 116.29% increase [1] - The gross margin for 2025 was 11.29%, up 63.32% year-on-year, while the net margin improved to 0.76% from -6.83% in the previous year [1] - Total expenses (selling, administrative, and financial) amounted to 73.88 million yuan, accounting for 8.9% of revenue, a decrease of 30.67% compared to the previous year [1] Cash Flow and Debt Management - The net cash flow from operating activities decreased by 50.25%, attributed to increased payments for project costs [2] - The net cash flow from investing activities increased by 143.28%, due to reduced project investments and increased recoveries from BT and PPP projects [2] - The net cash flow from financing activities saw a drastic decline of 1109.85%, primarily due to a significant increase in bank loan repayments [3] Historical Performance and Investment Return - The company has a poor historical return on invested capital (ROIC), with a median of -0.65% over the past decade, and a worst year in 2019 with a ROIC of -20.13% [5] - The company has reported losses in six out of its thirteen annual reports since going public, indicating a generally weak financial performance [5] Liquidity and Financial Health - The company's cash assets are considered healthy, with a cash and cash equivalents to current liabilities ratio of 73.61% [6] - The average net cash flow from operating activities over the past three years has been negative, raising concerns about financial sustainability [6]

据证券之星公开数据整理，近期中岩大地(003001)发布2025年中报。截至本报告期末，公司营业总收入 3.61亿元，同比下降11.77%，归母净利润2074.73万元，同比上升2.69%。按单季度数据看，第二季度营 业总收入1.99亿元，同比下降26.96%，第二季度归母净利润1037.3万元，同比下降35.59%。本报告期中 岩大地盈利能力上升，毛利率同比增幅14.5%，净利率同比增幅4.86%。 本次财报公布的各项数据指标表现一般。其中，毛利率24.44%，同比增14.5%，净利率5.24%，同比增 4.86%，销售费用、管理费用、财务费用总计3617.05万元，三费占营收比10.02%，同比增9.41%，每股 净资产9.42元，同比增3.19%，每股经营性现金流-1.15元，同比减58.17%，每股收益0.16元，同比增 2.5% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 4.09亿 | 3.61亿 | -11.77% | | 归母净利润(元) | 2020.38万 | 2074.73万 | 2.6 ...

人民财讯8月26日电，宏润建设（002062）8月26日晚间公告，公司拟以1.5亿元—3亿元回购公司股份， 用于实施员工持股计划或股权激励，回购价格不超过9元/股。截至公告披露日，公司已取得中国工商银 行宁波市分行出具的《贷款承诺函》，承诺为公司回购股份提供专项贷款支持，贷款金额不超过2.7亿 元，贷款期限为3年。 ...

Group 1 - The company Hongrun Construction announced a share buyback plan using self-raised funds and special loans, aiming to repurchase part of its issued A-shares for employee stock ownership plans or equity incentives [1] - The total amount for the buyback is set between RMB 150 million and RMB 300 million, with a maximum repurchase price of RMB 9 per share, and the buyback period is within 12 months from the board's approval [1] - Based on the maximum buyback price, the estimated number of shares to be repurchased ranges from approximately 16.67 million to 33.33 million shares, representing 1.35% to 2.69% of the company's total share capital as of the announcement date [1] Group 2 - For the first half of 2025, the revenue composition of Hongrun Construction is as follows: 37.56% from rail transit projects, 25.88% from municipal projects, 20.8% from new energy business, 10.28% from construction projects, and 4.86% from real estate sales [1] - As of the report, Hongrun Construction has a market capitalization of RMB 8.6 billion [1]

Group 1 - The State Intellectual Property Office of China has published a patent application by China Railway First Survey and Design Institute Group Co., Ltd. and China Railway Construction Corporation Limited for a "Multi-level Reference Fusion Tunnel Construction Scene Positioning System and Method" [1] - The patent aims to achieve high-precision positioning of construction equipment and personnel during tunnel construction by utilizing a system that includes a central control system, static absolute reference network, positioning module, dynamic communication network, and external feature constraints [1] - The proposed system is designed to operate in stable construction areas and near the face of the tunnel, establishing an observable coordinate system at the boundary of these areas [1] Group 2 - China Railway First Survey and Design Institute Group Co., Ltd. was established in 1992, located in Xi'an, with a registered capital of 1.03 billion RMB [2] - The company has invested in 81 enterprises and participated in 5,000 bidding projects, holding 4 trademark records and 3,251 patent records [2] - China Railway Construction Corporation Limited was founded in 2007, based in Beijing, with a registered capital of approximately 13.58 billion RMB [2] - This company has invested in 126 enterprises and also participated in 5,000 bidding projects, holding 331 trademark records and 938 patent records [2]

Group 1 - The core issue involves a lawsuit against *ST Weihai by six investors seeking compensation for investment losses amounting to 602,541.67 yuan due to alleged information disclosure violations [1] - The lawsuit stems from a 2023 announcement where *ST Weihai disclosed that its 2022 financial report received a disclaimer of opinion from its auditor, and there were inconsistencies in the financial data [1] - The company is under investigation by the China Securities Regulatory Commission (CSRC) for violations related to financial disclosures, including false records of goodwill impairment and inflated profits in previous years [1] Group 2 - The Ningbo Intermediate People's Court ruled against the investors, dismissing their claims and ordering them to bear the litigation costs of 10,811 yuan [2] - As of the announcement date, *ST Weihai has no other significant undisclosed litigation or arbitration matters, and the lawsuit's outcome does not impact the company's financial results [2] - The company emphasizes its commitment to uphold the legal rights of itself and its shareholders while ensuring compliance with information disclosure obligations [2]