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莱宝高科2025年中报简析:增收不增利,公司应收账款体量较大
Zheng Quan Zhi Xing· 2025-08-28 23:06
Financial Performance - The company reported a total revenue of 3.145 billion yuan for the first half of 2025, an increase of 7.06% year-on-year [1] - The net profit attributable to shareholders was 182 million yuan, a decrease of 13.78% year-on-year [1] - In Q2 2025, total revenue reached 1.672 billion yuan, up 13.81% year-on-year, while net profit for the quarter was 107 million yuan, an increase of 14.27% year-on-year [1] - The gross margin was 15.16%, down 5.84% year-on-year, and the net margin was 5.71%, down 19.95% year-on-year [1] - The company's accounts receivable reached 1.608 billion yuan, representing a 24.97% increase year-on-year, with accounts receivable accounting for 429.38% of the net profit [1][3] Cost and Efficiency - Total expenses (selling, administrative, and financial) amounted to 116 million yuan, which is 3.7% of revenue, reflecting a 10.21% increase year-on-year [1] - The company's return on invested capital (ROIC) was 5.99%, indicating a generally weak capital return [3] - The net profit margin for the previous year was 6.28%, suggesting that the company's products or services have average added value [3] Business Model and Projects - The company relies heavily on research and development and capital expenditures, necessitating careful evaluation of the profitability of these investments [3] - The MED project focuses on micro-cavity electronic paper display technology, which is a type of reflective display that does not require a backlight and is designed for low power consumption and high contrast [4] - The MED products are positioned in the mid-to-large size color electronic paper market, targeting applications such as electronic tags, e-readers, and public display systems [5]
信利国际、四川长虹、莱宝高科等9家显示企业公布上半年业绩
WitsView睿智显示· 2025-08-28 05:50
Core Viewpoint - The article highlights the performance of several companies in the display and electronics industry for the first half of the year, noting that Sichuan Changhong, Feikai Materials, and Tianshan Electronics achieved both revenue and net profit growth, while others faced declines in performance [1][2]. Company Performance Summary 1. Xinyi International - Xinyi International reported revenue of 74.42 billion RMB, a decrease of 5.7% year-on-year, and a net profit of 1.30 billion RMB, down 19.2% [2][3]. - The company's smartphone-related product business decreased by 12.1%, while non-smartphone-related products saw a slight decline of 0.4% [5]. 2. Sichuan Changhong - Sichuan Changhong achieved revenue of 567.05 billion RMB, an increase of 10.28%, and a net profit of 5.01 billion RMB, up 78.60% [2][7]. - The company noted significant growth in non-recurring gains, primarily due to the fair value increase of its investment in Huafeng Technology [9]. 3. Laibao High-Tech - Laibao High-Tech reported revenue of 31.45 billion RMB, a growth of 7.06%, but a net profit of 1.82 billion RMB, down 13.78% [2][10]. - The decline in net profit was attributed to increased R&D expenses and reduced interest income [12]. 4. Woge Optoelectronics - Woge Optoelectronics achieved revenue of 11.90 billion RMB, a growth of 14.20%, but continued to report net losses [2][13]. - The company increased R&D investment by 63.13% to enhance its core technology position in the glass substrate field [15]. 5. Sanlipu - Sanlipu reported revenue of 16.80 billion RMB, a significant increase of 41.97%, but a net profit of 0.38 billion RMB, down 31.47% [2][16]. - The decline in net profit was due to increased competition and pressure on profit margins [17]. 6. Liande Equipment - Liande Equipment reported revenue of 6.37 billion RMB, a decrease of 5.34%, and a net profit of 0.73 billion RMB, down 34.78% [2][19]. - The company aims to strengthen its technology reserves in the semiconductor display equipment sector [20]. 7. Feikai Materials - Feikai Materials achieved revenue of 14.62 billion RMB, a growth of 3.80%, and a net profit of 2.17 billion RMB, up 80.45% [2][21]. - The company expanded its product matrix through strategic acquisitions in the liquid crystal materials sector [22]. 8. Xiangtong New Materials - Xiangtong New Materials reported revenue of 2.79 billion RMB, a decline of 17.44%, and a net profit of -0.12 billion RMB, indicating a loss [2][24]. - The company faced challenges due to customer strategy adjustments and increased competition [26]. 9. Tianshan Electronics - Tianshan Electronics achieved revenue of 8.56 billion RMB, an increase of 29.66%, and a net profit of 0.75 billion RMB, up 15.46% [2][27]. - The company reported growth in various product lines, including monochrome LCD displays and touch screens [28].
莱宝高科(002106.SZ):上半年净利润1.82亿元 同比下降13.78%
Ge Long Hui A P P· 2025-08-27 14:52
Group 1 - The company reported a revenue of 3.145 billion yuan for the first half of 2025, representing a year-on-year growth of 7.06% [1] - The net profit attributable to shareholders of the listed company was 182 million yuan, showing a year-on-year decline of 13.78% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 180 million yuan, also down 13.58% year-on-year [1] - The basic earnings per share were 0.2576 yuan [1]
莱宝高科(002106) - 半年度非经营性资金占用及其他关联资金往来情况汇总表
2025-08-27 11:21
深圳莱宝高科技股份有限公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 法定代表人:王裕奎 主管会计工作的负责人:梁新辉 会计机构负责人:郑延昕 深圳莱宝高科技股份有限公司 2025 年半年度非经营性资金占用及其他关联资金往来情况汇总表 | 编制单位:深圳莱宝高科技股份有限公司 | | | 2025 年 | 1-6 月 | | | | 单位:人民币万元 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 占用方与 上市公司 的关联关 | 2025 上市公司核算 的会计科目 | 年期初 2025 占用资金余 额 | 年半年度占 2025 用累计发生金额 占用资金的利 (不含利息) 息(如有) | 年半年度 2025 年半年 2025 度偿还累计 发生金额 | 年半年 度占用资金余 额 | 占用形成原 因 | 占用性质 | | 控股股东、实际控制人及其附属企业 | | 系 | | | | | | | 非经营性占用 | | 小计 | - | - | - | | | | | ...
莱宝高科(002106) - 2025年半年度财务报告
2025-08-27 11:21
深圳莱宝高科技股份有限公司 2025 年半年度财务报告 深圳莱宝高科技股份有限公司 2025 年半年度 财务报告 (未经审计) | 目录 | 页码 | | --- | --- | | 一、财务报表 | 2-18 | | 1、资产负债表 | 2-6 | | 2、利润表 | 6-9 | | 3、现金流量表 | 9-11 | | 4、股东权益变动表 | 11-18 | | 二、财务报表附注 | 18-89 | 1 深圳莱宝高科技股份有限公司 2025 年半年度财务报告 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 二、财务报表 财务附注中报表的单位为:元 1、合并资产负债表 | 编制单位:深圳莱宝高科技股份有限公司 | 年 月 日 2025 06 30 | 单位:元 | | --- | --- | --- | | 项目 | 期末余额 | 期初余额 | | 流动资产: | | | | 货币资金 | 3,638,542,735.17 | 4,347,101,817.18 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | ...
莱宝高科(002106) - 关于公司聘请2025年度审计机构的公告
2025-08-27 11:21
证券代码:002106 证券简称:莱宝高科 公告编号:2025-025 深圳莱宝高科技股份有限公司 关于公司聘请 2025 年度审计机构的公告 (一)机构信息 1. 基本信息 | 天健会计师事务所(特殊普通合伙) | | 事务所名称 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 年 | 2011 月 18 日 组织形式 | 成立日期 7 | | | | 特殊普通合伙 | | | 浙江省杭州市西湖区灵隐街道西溪路 | | 注册地址 | 128 号 | | | | | | 钟建国 | 上年末合伙人数量 | 首席合伙人 | | | | | 人 241 | | 注册会计师 | | 上年末执业人员数 | | | | | 人 2,356 | | 签署过证券服务业务审计报告的注册会计师 | | 量 | | | | | 904 人 | | 业务收入总额 | | 年(经审计) 2024 | | 29.69 | 亿元 | | | | 审计业务收入 | | 业务收入 | | 25.63 | 亿元 | | | 1 | | 证券业务收入 | 14.65 ...
莱宝高科(002106) - 半年报监事会决议公告
2025-08-27 11:19
证券代码:002106 证券简称:莱宝高科 公告编号:2025-023 深圳莱宝高科技股份有限公司 第九届监事会第二次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整,没有虚假记载、 误导性陈述或重大遗漏。 深圳莱宝高科技股份有限公司(以下简称"公司")第九届监事会第二次会议于2025 年8月26日上午在位于重庆市北碚区云福路299号的重庆莱宝科技有限公司C区办公楼一 楼112会议室以现场会议方式召开。会议通知及相关议案于2025年8月16日以电子邮件方 式送达全体监事。应出席会议监事3名,实际参加会议监事3名。本次会议由监事会主席 钟荣苹先生主持。本次会议的召开符合《公司法》等相关法律法规和《公司章程》等有 关规定,合法、有效。本次会议以举手表决的方式形成如下决议: 一、审议通过《关于公司2025年半年度财务报告的议案》 经认真审核,监事会认为公司编制的2025年半年度财务报告在所有重大方面真实、 完整地反映了公司2025年6月30日的财务状况及2025年半年度的经营成果和现金流情况。 表决结果:3票同意、0票反对、0票弃权。 二、审议通过《关于公司2025年半年度报告及其摘要的议案》 ...
莱宝高科(002106) - 半年报董事会决议公告
2025-08-27 11:17
证券代码:002106 证券简称:莱宝高科 公告编号:2025-022 深圳莱宝高科技股份有限公司 第九届董事会第三次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假记载、 误导性陈述或重大遗漏。 深圳莱宝高科技股份有限公司(以下简称"公司")第九届董事会第三次会议于 2025 年 8 月 26 日上午 10:00 在位于重庆市北碚区云福路 299 号的重庆莱宝科技有限公司 C 区办公楼一楼 112 会议室以现场会议结合视频会议方式召开,会议通知和议案于 2025 年 8 月 16 日以电子邮件方式送达全体董事。会议应出席董事 12 人,实际参会董事 12 人(其中,董事李绍宗、秦湘灵、独立董事周小雄、翟洪涛、袁振超均因工作原因,以 视频会议方式参会并以通讯方式表决)。全体监事及部分高级管理人员列席了会议。本 次会议的召开与表决符合《中华人民共和国公司法》、《公司章程》等有关规定,会议由 董事长王裕奎先生主持。经与会董事充分讨论,形成如下决议: 一、审议通过《关于公司 2025 年半年度财务报告的议案》 《公司 2025 年半年度财务报告》全文登载于 2025 年 8 月 28 ...
莱宝高科(002106) - 2025 Q2 - 季度财报
2025-08-27 10:55
深圳莱宝高科技股份有限公司 2025 年半年度报告全文 深圳莱宝高科技股份有限公司 2025 年半年度报告 二〇二五年八月二十六日 1 | 第一节 重要提示、目录和释义 3 | | --- | | 第二节 公司简介和主要财务指标 9 | | 第三节 管理层讨论与分析 12 | | 第四节 公司治理、环境和社会 28 | | 第五节 重要事项 31 | | 第六节 股份变动及股东情况 41 | | 第七节 债券相关情况 46 | | 第八节 财务报告 47 | | 第九节 其他报送数据 136 | 深圳莱宝高科技股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、 完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和连带的法律责任。 公司负责人王裕奎、主管会计工作负责人梁新辉及会计机构负责人(会计主管人员)郑延 昕声明:保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告所涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者的实质承诺,敬 请投资者注意投资风险 ...
微腔电子纸项目拖累短期利润,莱宝高科Q1净利下滑近四成 :力争该项目早日投产对冲盈利压力
Shen Zhen Shang Bao· 2025-07-09 07:59
Core Viewpoint - The company, Shenzhen Laibao High-Tech Co., Ltd., is progressing with its 9 billion RMB micro-cavity electronic paper (MED) project, which is expected to impact short-term profitability but aims for long-term growth and competitiveness [1][4]. Group 1: MED Project Progress - The MED project has completed key milestones, including project workshop completion and installation of the first exposure machine, with total funding of 55 billion RMB from shareholders and 35 billion RMB from a syndicate loan secured [1][2]. - The project has received necessary approvals for project filing, environmental impact assessment, and energy-saving review, with funding from shareholders completed as per the agreement [2][3]. - The project is expected to take two years for construction, with equipment procurement and installation scheduled to begin in 2024, aiming for production commencement in 2025 [2][3]. Group 2: Financial Impact and Projections - The company reported a 36.10% year-on-year decline in net profit for Q1 2025, attributed to changes in product sales structure and increased R&D expenses, which are expected to continue affecting profitability during the MED project's construction phase [1][5]. - The total investment for the MED project is planned at 9 billion RMB, with 8.3 billion RMB allocated for construction and 700 million RMB for working capital, primarily focused on equipment investment [3][4]. - The establishment of a joint venture, Zhejiang Laibao Display Technology Co., Ltd., is aimed at implementing the MED project, with financial liabilities recognized in the company's consolidated financial statements [4][5]. Group 3: Market and Competitive Landscape - The company aims to leverage its relationships with global laptop brands to increase sales of touch screens for laptops in 2025, despite facing intensified competition from integrated touch display products [6]. - The sales growth of laptop touch screens in 2025 may be influenced by various factors, including global economic conditions and consumer purchasing behavior, leading to uncertainty in achieving sales targets [6].