人民财讯10月24日电，石英股份（603688）10月24日发布2025年三季报，公司第三季度营业收入2.38亿 元，同比下降8.43%；净利润2831.32万元，同比下降49.48%。2025年前三季度营业收入7.53亿元，同比 下降24.46%；净利润1.35亿元，同比下降56.81%；基本每股收益0.25元。主要系年初至报告期末光伏类 产品收入减少。 ...

Core Insights - The company Quartz Co., Ltd. (603688) reported a significant decline in its financial performance for the first half of 2025, with total revenue of 515 million yuan, down 30.13% year-on-year, and a net profit attributable to shareholders of 107 million yuan, down 58.41% [1] Financial Performance Summary - Total revenue for the first half of 2025 was 515 million yuan, a decrease from 737 million yuan in the same period of 2024, reflecting a decline of 30.13% [1] - Net profit attributable to shareholders was 107 million yuan, down from 257 million yuan in 2024, marking a 58.41% decrease [1] - The gross profit margin fell to 38.35%, down 29.03% year-on-year, while the net profit margin decreased to 20.27%, down 42.22% [1] - The total of financial, sales, and administrative expenses reached 55.42 million yuan, accounting for 10.76% of total revenue, an increase of 57.09% year-on-year [1] - Earnings per share dropped to 0.20 yuan, down 57.45% from 0.47 yuan in the previous year [1] Cash Flow and Asset Changes - Cash and cash equivalents decreased by 31.53%, attributed to reduced income and increased raw material purchases [3] - Accounts receivable decreased by 25.08%, while accounts payable decreased by 22.58% due to payments made [6] - The net cash flow from operating activities saw a drastic decline of 111.73%, primarily due to decreased sales revenue and payments for materials [9] Investment and Financing Activities - The net cash flow from investing activities increased by 58.76%, due to a reduction in net investment in financial products compared to the previous year [9] - The net cash flow from financing activities rose by 94.18%, attributed to a decrease in dividends compared to the previous year [10] Market Position and Analyst Expectations - Analysts project that the company's performance for 2025 will reach approximately 359 million yuan, with an average earnings per share estimate of 0.67 yuan [13] - The company's return on invested capital (ROIC) was reported at 4.66% for the previous year, indicating a generally weak capital return trend [11]