Core Viewpoint - Beijing Oriental Yuhong Waterproof Technology Co., Ltd. reported a decline in both revenue and net profit for the first half of 2025 compared to the same period in 2024, indicating potential challenges in the company's financial performance [1][4][5]. Financial Performance - Total operating revenue for the first half of 2025 was CNY 13.57 billion, down from CNY 15.22 billion in the same period of 2024, representing a decrease of approximately 10.8% [4]. - Total operating costs decreased to CNY 12.56 billion from CNY 13.74 billion, a reduction of about 8.6% [4]. - The net profit for the first half of 2025 was CNY -17.30 million, compared to CNY -12.83 million in the first half of 2024, indicating a worsening loss [5]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 44.06 billion, slightly down from CNY 44.72 billion at the beginning of the period [2]. - Total liabilities increased to CNY 20.95 billion from CNY 19.40 billion, reflecting a rise of approximately 8% [2]. - Total equity decreased to CNY 23.11 billion from CNY 25.31 billion, a decline of about 8.7% [2]. Cash Flow - The net cash flow from operating activities was CNY -395.91 million, an improvement from CNY -1.33 billion in the first half of 2024, indicating a reduction in cash outflow [7]. - Cash flow from investing activities was CNY -844.11 million, compared to CNY -776.22 million in the previous year [7]. - Cash flow from financing activities showed a net outflow of CNY -991.13 million, an improvement from CNY -2.15 billion in the same period of 2024 [7]. Key Financial Ratios - Basic and diluted earnings per share for the first half of 2025 were CNY 0.24, down from CNY 0.39 in the same period of 2024 [5].