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Shanying International Holdings (600567) investor relations material
Shanying International Holdings Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for H1 2025 was ¥13.84 billion, down 2.89% year-over-year due to lower paper prices.
Net profit attributable to shareholders was ¥41.82 million, a 63.17% decrease year-over-year.
Gross margin improved to 9.50% from 8.69% year-over-year, despite revenue decline.
Operating cash flow was ¥1.38 billion, down 46.24% year-over-year.
Total assets increased 3.71% to ¥53.98 billion compared to year-end 2024.
Financial highlights
EBITDA interest coverage ratio fell to 2.89 from 2.67 year-over-year.
Basic EPS was ¥0.01, down 74.37% year-over-year.
Asset-liability ratio rose to 68.99% from 67.67% at year-end 2024.
Non-recurring gains totaled ¥107.60 million, mainly from government subsidies.
Outlook and guidance
Industry expects continued supply pressure but potential margin recovery in H2 2025 due to policy support and cost easing.
Company to focus on high-end packaging, cost control, and digital transformation.
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