据证券之星公开数据整理，近期科华数据（002335）发布2025年中报。截至本报告期末，公司营业总收 入37.33亿元，同比上升0.06%，归母净利润2.44亿元，同比上升7.94%。按单季度数据看，第二季度营 业总收入25.16亿元，同比下降1.19%，第二季度归母净利润1.75亿元，同比上升14.81%。本报告期科华 数据盈利能力上升，毛利率同比增幅2.13%，净利率同比增幅7.14%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率25.02%，同比增2.13%，净利率6.67%，同比增 7.14%，销售费用、管理费用、财务费用总计3.82亿元，三费占营收比10.23%，同比减3.3%，每股净资 产12.06元，同比增27.61%，每股经营性现金流-0.02元，同比增89.78%，每股收益0.51元，同比增4.08% 分析师工具显示：证券研究员普遍预期2025年业绩在7.26亿元，每股收益均值在1.41元。 该公司被1位明星基金经理持有，该明星基金经理最近还加仓了，持有该公司的最受关注的基金经理是 易方达基金的杨宗昌，在2024年的证星公募基金经理顶投榜中排名前五十，其现任基金总规模为40.97 亿元 ...

Core Viewpoint - The company has approved the use of idle raised funds for cash management and temporary working capital supplementation, ensuring that it does not affect the normal operation of fundraising projects and complies with relevant regulations [10][12][40]. Company Basic Information - The company has not undergone any changes in controlling shareholders or actual controllers during the reporting period [4][5]. - The company plans not to distribute cash dividends or issue bonus shares during the reporting period [3]. Financial Data and Indicators - The company raised a total of RMB 149,206.80 million from the issuance of convertible bonds, with a net amount of RMB 148,066.32 million after deducting issuance costs [20][42]. - As of June 30, 2025, the company has used RMB 56,302.46 million of the raised funds, with remaining funds and interest income netting RMB 92,365.97 million [44]. Important Matters - The company plans to issue convertible bonds with a conversion period from February 29, 2024, to August 22, 2029, with an initial conversion price of RMB 34.67 per share, which will be adjusted to RMB 27.65 per share starting October 30, 2024 [3][6]. - The company has approved the use of up to RMB 4 billion of idle raised funds for cash management, with a focus on low-risk, high-liquidity products [10][30]. - The company has also approved the temporary supplementation of working capital using up to RMB 8 billion of idle raised funds, ensuring that it does not affect the normal operation of fundraising projects [39][40]. Board and Supervisory Opinions - The board and supervisory committee have unanimously approved the cash management and temporary working capital supplementation proposals, confirming compliance with relevant regulations [11][12][39].

Core Viewpoint - Kehua Data (002335.SZ) reported a slight increase in revenue and a notable rise in net profit for the first half of 2025, indicating stable financial performance despite a challenging market environment [1] Financial Performance - The company achieved an operating revenue of 3.733 billion yuan, representing a year-on-year growth of 0.06% [1] - The net profit attributable to shareholders of the listed company was 244 million yuan, reflecting a year-on-year increase of 7.94% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 224 million yuan, showing a year-on-year growth of 9.22% [1] - Basic earnings per share were reported at 0.51 yuan [1]

Core Viewpoint - The article highlights the strategic adjustments made by prominent fund managers in response to the market's structural characteristics, focusing on sectors like AI, innovative pharmaceuticals, and consumer goods, while also indicating a clear divergence in the consumer sector's performance [2][3][4]. Group 1: Fund Manager Strategies - Prominent fund managers have collectively increased their positions in high-growth sectors such as AI and innovative pharmaceuticals while making structural adjustments within the consumer sector [2]. - The technology and pharmaceutical sectors have emerged as core allocation directions, with significant investments in companies like BYD (increased by 184.78%) and Alibaba (increased by 161.10%) [2]. - Fund managers are focusing on "hard technology" in the tech sector, with AI computing and robotics becoming key investment areas [4]. Group 2: Consumer Sector Dynamics - The consumer sector has shown significant structural differentiation, with fund managers displaying contrasting attitudes towards traditional liquor and new consumption trends [3]. - Some fund managers have increased their holdings in traditional liquor stocks like Wuliangye and Moutai, while others have reduced their positions in these stocks, indicating a shift towards new consumption opportunities [3][4]. - The performance of consumer companies has influenced fund adjustments, with companies like Yili achieving strong revenue growth while others like Yanghe experienced profit declines [4]. Group 3: Future Outlook - Looking ahead to the third quarter, there is optimism regarding the innovative pharmaceutical sector, driven by global collaborations and anticipated clinical data disclosures [5]. - The consumer healthcare sector is expected to continue benefiting from rising health awareness among residents, with demand for home medical devices projected to grow steadily due to an aging population [5]. - The overall economic environment is seen as favorable for investment, although structural pressures may persist, with policies aimed at reducing excessive competition likely to improve corporate profitability [5].

人民财讯8月29日电，科华数据（002335）8月29日晚间发布半年报，2025年上半年，公司实现营业收入 37.33亿元，同比增长0.06%；归母净利润2.44亿元，同比增长7.94%；基本每股收益0.51元。 ...

格隆汇8月29日丨科华数据(002335.SZ)公布2025年半年度报告，上半年公司实现营业收入37.33亿元，同 比增长0.06%；归属于上市公司股东的净利润2.44亿元，同比增长7.94%；归属于上市公司股东的扣除非 经常性损益的净利润2.24亿元，同比增长9.22%；基本每股收益0.51元。 ...

Company Summary - KWH Data announced a provision for asset impairment totaling 98.05 million yuan, which will reduce the company's profit for the first half of 2025 by the same amount [1] - The revenue composition for KWH Data in the first half of 2025 is as follows: 49.62% from the new energy sector, 37.44% from the data center sector, 11.77% from the smart electric power sector, and 1.17% from other businesses [1] - As of the report date, KWH Data has a market capitalization of 29.8 billion yuan [1] Industry Summary - The announcement of the first A-level car exhibition in the domestic market for the second half of the year indicates a competitive landscape with nearly 120 brands and 1,600 vehicles participating, suggesting a significant shift in the automotive market dynamics, particularly in the new energy sector [1]

每经头条（nbdtoutiao）——近120个品牌、1600辆车逐鹿西南！下半年国内首个A级车展开幕：新能 源"第三极"将改写车市格局 （记者 王晓波） 每经AI快讯，科华数据（SZ 002335，收盘价：57.81元）8月29日晚间发布半年度业绩报告称，2025年 上半年营业收入约37.33亿元，同比增加0.06%；归属于上市公司股东的净利润约2.44亿元，同比增加 7.94%；基本每股收益0.51元，同比增加4.08%。 截至发稿，科华数据市值为298亿元。 ...

| 非经营性资 | 资金占用方名 | 占用方与上 | 上市公 司核算 | 2025 年初 | 2025 年 1-6 月占用累计 | 2025 年 1-6 月占用资金 | 2025 年 1-6 月偿 | 2025年6月30 | 占用形成 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 金占用 | 称 | 市公司的关 联关系 | 的会计 | 占用资金 余额 | 发生金额 | 的利息(如 | 还累计发 | 日占用资金余 额 | 原因 | 占用性质 | | | | | 科目 | | (不含利息) | 有) | 生金额 | | | | | 控股股东、实 际控制人及其 | - | | | | | | | | | | | 附属企业 | | | | | | | | | | | | 前控股股东、 实际控制人及 | - | | | | | | | | | | | 其附属企业 | | | | | | | | | | | | 其他关联方及 | - | | | | | | | | | | | 其附属企业 | | | | | | | | ...

2025 年半年度财务报告 （未经审计） 2025 年 08 月 科华数据股份有限公司 2025 年年半年度财务报告 科华数据股份有限公司 2025 年 06 月 30 日 单位：元 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 825,636,280.93 | 998,103,103.73 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | 216,848,000.00 | 771,872,000.00 | | 衍生金融资产 | | | | 应收票据 | 78,098,170.11 | 74,842,525.05 | | 应收账款 | 3,895,662,730.58 | 3,209,762,695.23 | | 应收款项融资 | 254,489,488.68 | 252,806,576.53 | | 预付款项 | 85,093,454.58 | 30,743,170.31 | | 应收保费 | | | | 应收分保账款 | | | | 应收分保合同准备金 | | | | 其他应收款 | 149, ...