Core Insights - The report indicates that as of October 27, 2025, institutional investors hold a total of 546 million shares of Kidswant (301078.SZ), representing 43.31% of the company's total equity, with a decrease of 2.33 percentage points compared to the previous quarter [1] Institutional Holdings - A total of 9 institutional investors have disclosed their holdings in Kidswant, including Jiangsu Bosi Da Enterprise Information Consulting Co., Ltd., Nanjing Qianmiao Nuo Venture Capital Partnership, and others [1] - The overall institutional holding percentage has decreased by 2.33 percentage points from the last quarter [1] Public Fund and Social Security Fund Holdings - One public fund, the Southern CSI 1000 ETF, has reduced its holdings slightly compared to the previous quarter [2] - A total of 300 public funds have not disclosed their holdings this quarter, including notable funds like Penghua High-Quality Growth Mixed A and Huaxia CSI 1000 ETF [2] - One social security fund, the National Social Security Fund 411 Portfolio, has not disclosed its holdings this quarter [2] Foreign Investment - One new foreign institutional investor, Hong Kong Central Clearing Limited, has disclosed its holdings this quarter [2]

Core Insights - The company reported a total revenue of 4.911 billion yuan for the first half of 2025, marking an increase of 390 million yuan and an 8.64% year-on-year growth, achieving two consecutive years of revenue growth [1] - The net profit attributable to shareholders reached 143 million yuan, an increase of 63.35 million yuan, representing a 79.42% year-on-year growth and three consecutive years of profit growth [1] - The net cash inflow from operating activities was 999.8 million yuan, up by 154 million yuan, reflecting an 18.28% year-on-year increase and two consecutive years of growth [1] Financial Ratios - The latest debt-to-asset ratio stands at 60.66%, a decrease of 3.92 percentage points compared to the same period last year [3] - The gross profit margin is reported at 27.68%, an increase of 1.34 percentage points from the previous quarter [3] - The return on equity (ROE) is 3.30%, up by 0.84 percentage points year-on-year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share (EPS) is 0.11 yuan, an increase of 0.04 yuan, achieving a 55.22% year-on-year growth and three consecutive years of EPS growth [3] - The total asset turnover ratio is 0.48 times, an increase of 0.01 times year-on-year, reflecting a 2.51% growth [3] - The inventory turnover ratio is 3.96 times, up by 0.86 times year-on-year, representing a 27.83% increase [3] Shareholder Information - The number of shareholders is 52,200, with the top ten shareholders holding a total of 576 million shares, accounting for 45.64% of the total share capital [3] - The largest shareholder is Jiangsu Bosida Enterprise Information Consulting Co., Ltd., holding 22.01% of the shares [3]