Financial Performance - Company reported a total revenue of 1.28 billion yuan for the first half of 2025, representing a year-on-year increase of 15.91% [1] - Net profit attributable to shareholders reached 11.06 million yuan, a significant increase of 234.32% compared to the previous year [1] - Gross profit margin decreased to 13.09%, down 20.83% year-on-year, while net profit margin improved to 1.6%, up 186.96% [1] Quarterly Analysis - In Q2 2025, total revenue was 589 million yuan, showing a decline of 6.09% year-on-year, but net profit attributable to shareholders increased to 17.41 million yuan, up 328.69% [1] Cost and Expenses - Total selling, administrative, and financial expenses amounted to 130 million yuan, accounting for 10.17% of revenue, a decrease of 28.06% year-on-year [1] - The company reported a significant reduction in interest-bearing liabilities, down 28.85% to 269 million yuan [1] Cash Flow and Assets - Operating cash flow per share improved to 0.26 yuan, a year-on-year increase of 123.65%, indicating better cash generation from operations [1] - The company’s cash flow from operating activities showed a net increase of 123.65%, attributed to higher cash receipts from sales and lower cash payments for purchases [3] Historical Performance - The company has shown a weak historical performance with a median Return on Invested Capital (ROIC) of 6.78% over the past decade, and a particularly poor ROIC of -17.84% in 2024 [3] - The company has reported losses in two of the 17 annual reports since its listing, indicating a fragile business model [3] Financial Health Indicators - The ratio of cash and cash equivalents to current liabilities stands at 57.01%, suggesting potential liquidity concerns [4] - The average operating cash flow over the past three years relative to current liabilities is only 5.35%, indicating limited cash flow generation capacity [4]

Group 1 - The core viewpoint of the article is that Haide Control (002184.SZ) has reported its semi-annual results for 2025, highlighting changes in institutional and public fund holdings [1] - As of August 22, 2025, three institutional investors disclosed holdings in Haide Control A-shares, totaling 8.6748 million shares, which represents 2.47% of the company's total share capital [1] - The institutional investors include Industrial Bank Co., Ltd. - Huaxia CSI Robot ETF, Hong Kong Central Clearing Limited, and Guotai Junan Securities Co., Ltd. - Tianhong CSI Robot ETF, with a combined institutional holding ratio decrease of 0.13 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, two public funds increased their holdings compared to the previous period, namely Huaxia CSI Robot ETF and Tianhong CSI Robot ETF, with an increase in holding ratio of 0.34% [1] - Regarding foreign investment, there were no new disclosures from foreign institutions this period, including BARCLAYS BANK PLC, compared to the previous quarter [1]

（文章来源：证券日报） 证券日报网讯 8月22日晚间，海得控制发布公告称，公司第九届监事会第六次会议审议通过了《2025年 半年度报告全文及摘要》。 ...

Core Viewpoint - The company, Haide Control, announced the approval of its 2025 semi-annual report by the seventh meeting of the ninth board of directors [2] Group 1 - The announcement was made on the evening of August 22 [2] - The report includes both the full text and summary of the semi-annual performance for 2025 [2]

Group 1 - The company reported a revenue of 1,280,216,777.01 yuan for the first half of 2025, representing a year-on-year growth of 15.91% [2] - The net profit attributable to shareholders of the listed company was 11,060,894.01 yuan, showing a significant year-on-year increase of 234.32% [2]

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 1.28 billion yuan, a year-on-year growth of 15.91%, and a net profit of 11.06 million yuan, marking a 234.32% increase, thus achieving profitability [1] - The growth was driven by the synergy among three main business segments: industrial information technology, industrial electrical automation, and new energy, with the new energy segment being a key contributor to the performance [1][2] Revenue Breakdown - The industrial electrical automation segment generated 684 million yuan in revenue, reflecting a year-on-year increase of 4.42% [1] - The industrial information technology segment reported revenue of 184 million yuan, showing a decline of 7.54% year-on-year [1] - The new energy segment achieved revenue of 412 million yuan, with a substantial year-on-year growth of 64.58%, highlighting its importance in the company's overall performance [1] New Energy Business Performance - Despite facing market pressures in the new energy inverter business, the company maintained stability by optimizing various expenses [2] - The new energy storage business showed remarkable performance, with the company focusing on high-quality clients and projects while reducing market investment in centralized storage [2] - Cost reduction measures were effectively implemented, leading to a significant decrease in expenses year-on-year, contributing to the growth in revenue and profit for the new energy storage segment [2]

Core Insights - The company reported a revenue of 1.28 billion yuan for the first half of 2025, representing a year-on-year growth of 15.91% [1] - The net profit attributable to shareholders was 11.06 million yuan, showing a significant increase of 234.32% year-on-year [1] - The basic earnings per share stood at 0.03 yuan [2] Financial Performance - The gross profit margin for the first half of 2025 was 13.09%, a decrease of 3.44 percentage points year-on-year [2] - The net profit margin improved to 1.60%, an increase of 3.45 percentage points compared to the same period last year [2] - In Q2 2025, the gross profit margin was 14.20%, up 0.45 percentage points year-on-year and 2.05 percentage points quarter-on-quarter [2] - The net profit margin for Q2 2025 was 4.29%, reflecting a year-on-year increase of 5.42% and a quarter-on-quarter increase of 4.98% [2] Expense Management - Total operating expenses for the first half of 2025 were 179 million yuan, a decrease of 38.88 million yuan year-on-year [2] - The expense ratio was 14.01%, down 5.75 percentage points from the previous year [2] - Sales expenses decreased by 16.21%, management expenses decreased by 20.00%, and R&D expenses decreased by 20.85% [2] - Financial expenses increased by 102.94% [2] Shareholder Information - As of the end of the first half of 2025, the total number of shareholders was 54,400, a decrease of 1,657 or 2.96% from the previous quarter [2] - The average market value per shareholder increased from 75,800 yuan to 84,700 yuan, a growth of 11.75% [2] Company Overview - Shanghai Haide Control Systems Co., Ltd. was established on March 15, 1994, and listed on November 16, 2007 [3] - The company specializes in industrial automation system integration and product distribution [3] - The revenue composition includes 53.43% from industrial electrical automation, 32.20% from new energy, and 14.37% from industrial information technology [3] - The company is classified under the machinery equipment-automation equipment-control equipment sector [3]

Group 1 - The company held its 7th meeting of the 9th Board of Directors on August 21, 2025, using a combination of in-person and communication methods [1] - The meeting was presided over by the Chairman, Mr. Xu Hong, and attended by supervisors and senior management [1] - The meeting's proceedings complied with the relevant provisions of the Company Law and the Articles of Association, ensuring the legality and validity of the resolutions made [1] Group 2 - The Board unanimously approved the full text and summary of the 2025 semi-annual report, with 7 votes in favor, 0 against, and 0 abstentions [1] - The semi-annual report is available for investors to review on the specified website [1]

第九届监事会第六次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 上海海得控制系统股份有限公司（以下简称"公司"）第九届监事会第六次 会议于 2025 年 8 月 21 日以现场方式召开。本次监事会会议通知已于 2025 年 8 月 8 日以专人送达或电子邮件方式发出。会议应到监事 3 名，实到 3 名。本次会 议的召开时间、方式符合《公司法》及《公司章程》的有关规定，做出的决议合 法、有效。经认真审议，本次会议通过如下议案： 证券代码：002184 证券简称：海得控制 公告编号：2025-028 一、本次会议以 3 票同意，0 票反对，0 票弃权，审议通过《2025 年半年度 报告全文及摘要》 经审核，监事会认为董事会编制和审核公司 2025 年半年度报告的程序符合 法律、行政法规和中国证监会的规定，符合公司章程和公司内部管理制度的各项 规定。报告的内容和格式真实、准确、完整地反映出公司的实际情况，不存在任 何虚假记载、误导性陈述或重大遗漏。 上海海得控制系统股份有限公司 （http://www.cninfo.com.cn），供投资者查阅。 备 ...

Core Viewpoint - The company reported a significant increase in revenue and a return to profitability in the first half of 2025 compared to the same period in 2024 [2] Financial Performance - The company's revenue for the first half of 2025 was approximately 1.28 billion yuan, representing a year-on-year increase of 15.91% [2] - The net profit attributable to shareholders was around 11.06 million yuan, with a basic earnings per share of 0.0314 yuan [2] - In contrast, the revenue for the same period in 2024 was about 1.105 billion yuan, with a net loss of approximately 8.23 million yuan and a basic loss per share of 0.0234 yuan [2]