Core Insights - The company reported significant improvements in its financial performance for Q3 2025, with total revenue reaching 365 million yuan, a year-on-year increase of 17%, and a net profit of 30.99 million yuan, marking a return to profitability [1] - The launch of SuperMap GIS 2025 emphasizes the company's commitment to innovation in the fields of infrastructure, data, and services, enhancing its competitive edge in the GIS industry [2] - The integration of AI technologies in SuperMap GIS 2025 aims to improve operational efficiency and reduce costs, showcasing the company's strategic focus on automation and intelligent applications [3] - The company is positioned as a leading player in the global GIS market, with plans to expand into digital twin applications and capitalize on emerging opportunities in AI and data elements [4] Financial Performance - For the first nine months of 2025, the company achieved total revenue of 968 million yuan, a 2% increase year-on-year, and a net profit of 42.96 million yuan, reflecting a 63% growth [1] - The net cash flow from operating activities showed significant improvement compared to the same period last year [1] Product Development - SuperMap GIS 2025 includes enhancements in compatibility with various domestic operating systems and databases, aiming to mitigate supply chain risks [2] - The product features advanced automation capabilities, allowing for efficient data processing and analysis, which has been successfully implemented in several provincial and ministerial projects [3] Strategic Outlook - The company is focusing on building a second growth curve by exploring new markets such as digital twin applications in water conservancy, meteorology, and airports [4] - Projections for net profit from 2025 to 2027 are estimated at 132 million yuan, 218 million yuan, and 280 million yuan, respectively, indicating strong growth potential [4]

Investment Rating - The report maintains a "Recommended" rating for the company [5] Core Insights - The company has shown significant improvement in performance, with a total revenue of 968 million yuan for the first nine months of 2025, representing a 2% year-on-year increase, and a net profit attributable to shareholders of 42.96 million yuan, up 63% year-on-year [1] - In Q3 2025, the company achieved a total revenue of 365 million yuan, a 17% year-on-year increase, and a net profit of 30.99 million yuan, marking a return to profitability [1][2] - The company is leveraging synergies in the fields of trusted computing and AI, launching SuperMap GIS 2025, which enhances its infrastructure, data, and service capabilities [2] Financial Performance Summary - For 2025, the company is projected to achieve a net profit of 132 million yuan, with corresponding PE ratios of 65X, 39X, and 31X for the years 2025, 2026, and 2027 respectively [3][4] - The forecasted total revenue for 2025 is 1.726 billion yuan, with a growth rate of 15.3% [4][10] - The company expects to improve its net profit significantly over the next few years, with projections of 218 million yuan in 2026 and 280 million yuan in 2027 [3][4]

截至发稿，超图软件市值为84亿元。 每经头条（nbdtoutiao）——多地出现"负电价"，既然卖电"不挣钱"，为何电厂不愿停机？ （记者 曾健辉） 每经AI快讯，超图软件（SZ 300036，收盘价：16.96元）发布公告称，2025年10月28日、29日，超图软 件接受金鹰基金管理有限公司等投资者调研，公司董事会秘书谭飞艳等人参与接待，并回答了投资者提 出的问题。 2025年1至6月份，超图软件的营业收入构成为：软件占比98.83%，其他业务占比1.17%。 ...

编号：2025-08 | 投 资 | 者 | 关 | √特定对象调研 □分析师会议 | | --- | --- | --- | --- | | 系 活 | 动 | 类 | □媒体采访 □业绩说明会 | | 别 | | | □新闻发布会 □路演活动 | | | | | □现场参观 □其他 （请文字说明其他活动内容） | | 参 与 | 单 | 位 | 金鹰基金管理有限公司、招商基金管理有限公司、金信基金管理有限公司、 | | 名称 | | | | | | | | 华富基金管理有限公司、中银基金管理有限公司、鹏华基金管理有限公司、 | | | | | 长江证券（上海）资产管理有限公司、中邮保险资产管理有限公司、平安基 | | | | | 金管理有限公司、创金合信基金管理有限公司、招商信诺人寿保险有限公司、 | | | | | 博时基金管理有限公司、民生证券研究院、兴业证券资管、民生证券股份有 | | | | | 限公司、杭州乾璐投资管理有限公司、上海煜德投资管理中心（有限合伙）、 | | | | | 中泰证券股份有限公司、上海弘尚资产管理有限公司、华夏基金管理有限公 | | | | | 司、中泰证券研究所、函数资 ...

Summary of the Conference Call for SuperMap Software Company Overview - **Company**: SuperMap Software - **Year**: 2025 - **Key Financials**: Cumulative net profit reached 43 million yuan, a year-on-year increase of 63% due to revenue growth and organizational changes [2][3] Core Industry Insights - **International Expansion**: - SuperMap has made significant progress in international markets, signing multiple contracts in Saudi Arabia and Indonesia, with overseas contract orders increasing by over 100% [2][4] - Collaborations with major state-owned enterprises like Huawei and ZTE to advance project implementations [4] - **AI Applications in Natural Resources**: - Development of over 40 AI application scenarios in the natural resources sector, fulfilling the needs of the Ministry of Natural Resources for spatial governance [2][6] - SuperMap is positioned as a leading technology provider in the integration of AI and technology [6] - **信创 (Xinchuang) Projects**: - Progress on Xinchuang projects has been slower than expected due to funding limitations, but a restart of large-scale projects is anticipated in Q4 2025, with significant funding expected next year [7][11] Key Performance Metrics - **Q3 2025 Performance**: - Revenue of 360 million yuan, a year-on-year increase of approximately 20% - Net profit of 31 million yuan, a significant recovery from a loss of 8 million yuan in the same period last year [3] - **AI Order Growth**: - Expected contract order volume for AI to grow by 200%-300% year-on-year in 2025, with orders in the first half of 2025 already surpassing the total for the previous year [10] Strategic Focus Areas - **Future Development Strategies**: - Focus on increasing market share in application software and accelerating internationalization in foundational software [8][9] - Active engagement in military AI business with significant breakthroughs [9] - **Impact of the Thick Soil Model**: - The rollout of the Thick Soil Model is expected to drive reforms in spatial governance within the natural resources sector, aligning with SuperMap's strategic positioning [14] Market Conditions and Opportunities - **Downstream Demand and Funding**: - The macroeconomic and industry environment remains challenging, but improvements are expected in 2026 due to local government initiatives to resolve debt issues [11][12] - Special funding support for the Xinchuang sector is available until 2027, which may enhance project opportunities [11] - **Development Platform Initiatives**: - The introduction of a unified development platform by the Ministry of Natural Resources is anticipated to create numerous project opportunities, with SuperMap likely to play a key role in maintenance and integration [15][16] Conclusion - **Overall Outlook**: - SuperMap Software is expected to maintain a stable growth trajectory, leveraging its technological advantages in spatial intelligence and AI to capture more market opportunities [22]

Group 1 - The core point of the article is the disclosure of institutional and public fund holdings in SuperMap Software (300036.SZ) as of October 27, 2025, indicating a decrease in institutional ownership compared to the previous quarter [1] - A total of 8 institutional investors hold shares in SuperMap Software, with a combined holding of 42.4155 million shares, representing 8.61% of the total share capital [1] - The institutional ownership percentage has decreased by 1.94 percentage points compared to the previous quarter [1] Group 2 - Among public funds, 2 funds increased their holdings compared to the previous period, with an increase in holding percentage of 0.46% [1] - One new public fund disclosed its holdings this quarter, while 90 public funds did not disclose their holdings compared to the previous quarter [1]

每经AI快讯，超图软件（SZ 300036，收盘价：17.06元）10月27日晚间发布公告称，公司第六届第十六 次董事会会议于2025年10月24日在公司会议室以现场与在线会议相结合的方式召开。会议审议了《关于 制定、修订公司部分管理制度的议案》等文件。 （记者 贾运可） 截至发稿，超图软件市值为84亿元。 每经头条（nbdtoutiao）——拉1人入伙返1500元，投10万元成亿万富翁？这家公司大肆宣传将房产海外 代币化，有交了钱的人称是"牙签撬动地球" 2025年1至6月份，超图软件的营业收入构成为：软件占比98.83%，其他业务占比1.17%。 ...

智通财经APP讯，超图软件(300036.SZ)发布2025年三季度报告，该公司前三季度营业收入为9.68亿元， 同比增长2.02%。归属于上市公司股东的净利润为4295.57万元，同比增长63.29%。归属于上市公司股东 的扣除非经常性损益的净利润为2831.85万元，同比增长96.77%。基本每股收益为0.089元。 ...

北京商报讯（记者 魏蔚）10月27日，超图软件发布的2025年三季度财报显示，营收3.65亿元，同比增长 16.99%，净利润3098.95万元，同比增长507.97%。2025年前三个季度，超图软件实现营收9.68亿元，同 比增长2.02%，净利润4295.57万元，同比增长63.29%。 ...

Core Insights - The 2025 World Intelligent Manufacturing Conference will be held from November 27 to 29 in Nanjing, Jiangsu, marking its tenth anniversary and focusing on the theme "Digital Intelligence Drives New Quality Leadership" [1][2] - The conference aims to showcase the latest developments and trends in intelligent manufacturing, featuring a main conference, 12 specialized activities, and various industry ecosystem events [1] - The event will facilitate international collaboration in the intelligent manufacturing sector, with participation from global authorities and leading companies [2] Group 1 - The conference has been successfully held for nine consecutive years since its inception in 2016, contributing significantly to the digital transformation of the global manufacturing industry [1] - This year's event will include high-end forums, result releases, cutting-edge displays, and industry matchmaking to promote innovative ideas and outcomes in intelligent manufacturing [1][2] - Key focus areas will include advanced manufacturing clusters and industrial chains in Jiangsu, particularly in sectors like electronic information and new energy vehicles [2] Group 2 - A market-oriented exhibition will take place alongside the conference, showcasing advanced technologies, products, and solutions in intelligent manufacturing, covering over 55,000 square meters [3] - Major industry players such as Yaskawa, Tesla, and Hikvision will present their latest achievements in industrial robotics and smart factory practices [3] - The exhibition will feature four main sections, highlighting industrial software, system solutions, and intelligent equipment from leading companies [3]