Core Viewpoint - The company, Shangshan Gold (01939.HK), expects to achieve a net profit attributable to shareholders of approximately HKD 400,000 for the six months ending September 30, 2025, marking a turnaround from a loss in the previous year. This improvement is primarily due to a significant increase in revenue, which is projected to reach approximately HKD 76.5 million, a year-on-year growth of about 139.8% [1][1][1] Financial Performance - Revenue from art auctions and related businesses is expected to be around HKD 38.8 million, compared to approximately HKD 29.3 million for the six months ending September 30, 2024 - Revenue from art sales is projected to be about HKD 37.5 million, a substantial increase from approximately HKD 2.2 million for the same period last year - Revenue from gold and gold-related businesses is anticipated to be around HKD 200,000, whereas there was no revenue recorded for the same period last year [1][1][1] Market Position - As of November 18, 2025, Shangshan Gold's stock closed at HKD 7.7, down 4.82%, with a trading volume of 2.516 million shares and a turnover of HKD 19.6459 million - The company has a market capitalization of HKD 4.141 billion and ranks 6th in the Trade II industry [1][1][1] Key Financial Metrics - Return on Equity (ROE) stands at -11.97%, compared to the industry average of -7.23%, ranking 28th in the industry - The company's market capitalization is HKD 4.141 billion, while the industry average is HKD 2.024 billion, ranking 6th - Operating revenue is HKD 57.549 million, significantly lower than the industry average of HKD 6.704 billion, ranking 38th - Net profit margin is -3.46%, better than the industry average of -25.14%, ranking 26th - Gross profit margin is 84.52%, substantially higher than the industry average of 19.78%, ranking 4th - Debt ratio is 43.88%, lower than the industry average of 58.62%, ranking 23rd [1][1][1]