Group 1 - The company, Zhongke Haixun, reported that as of August 29, 2025, the total number of shareholders, including credit accounts, is 27,284 [2]

Market Overview - The marine equipment sector experienced a decline of 1.31% on September 2, with Zhongke Haixun leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - Key stocks in the marine equipment sector showed the following closing prices and percentage changes: - China Shipbuilding (600150): 38.45, -1.21% - Yaxing Chain (601890): 10.08, -1.95% - China Marine Defense (600764): 34.45, -1.96% - China Ship Defense (600685): 29.24, -2.47% - Jianglong Shipbuilding (300589): 14.14, -3.02% - Tianhai Defense (300008): 7.17, -3.24% - Guorui Technology (300600): 18.45, -4.16% - Hailanxin (300065): 20.09, -4.74% - Zhonggui Haixun (300810): 52.21, -5.25% [1] Capital Flow - The marine equipment sector saw a net outflow of 605 million yuan from institutional investors, while retail investors contributed a net inflow of 508 million yuan [1] - The following table summarizes the capital flow for key stocks: - Zhongke Haixun (300810): Institutional -15.99 million, Retail +26.18 million - Jianglong Shipbuilding (300589): Institutional -20.29 million, Retail +18.36 million - China Ship Defense (600685): Institutional -28.92 million, Retail +33.69 million - Guorui Technology (300600): Institutional -30.66 million, Retail +30.70 million - China Marine Defense (600764): Institutional -41.68 million, Retail +27.36 million - Yaxing Chain (601890): Institutional -52.12 million, Retail +44.98 million - Tianhai Defense (300008): Institutional -129 million, Retail +108 million - Hailanxin (300065): Institutional -135 million, Retail +129 million - China Shipbuilding (600150): Institutional -151 million, Retail +89.23 million [2]

Group 1 - The military equipment sector experienced significant declines, with companies such as Great Wall Military Industry, Maxinlin, and Zhongke Haixun dropping over 6% [1] - Other companies like Inner Mongolia First Machinery, Construction Industry, and Zhongtian Rocket also faced downturns [1]

Market Overview - The marine equipment sector increased by 0.81% on August 29, with Zhongke Haixun leading the gains [1] - The Shanghai Composite Index closed at 3857.93, up 0.37%, while the Shenzhen Component Index closed at 12696.15, up 0.99% [1] Stock Performance - Notable stock performances include: - Yihard Technology (300810) rose by 4.29% to a closing price of 53.94 [1] - Guorui Technology (300600) increased by 3.71% to 19.27 [1] - China Shipbuilding (600150) saw a 1.52% rise, closing at 37.38 [1] - Hailanxin (300065) and China Ship Defense (600685) had smaller increases of 1.15% and 0.61%, respectively [1] - Tianhai Defense (300008) and Jianglong Shipbuilding (300589) experienced slight declines of 0.13% and 0.48% [1] Capital Flow - The marine equipment sector had a net inflow of 154 million yuan from institutional investors, while retail investors saw a net outflow of 144 million yuan [1] - Detailed capital flow for key stocks includes: - China Shipbuilding had a net inflow of 91.36 million yuan from institutional investors [2] - Zhongke Haixun attracted 70.05 million yuan, but retail investors withdrew 83.70 million yuan [2] - Guorui Technology had a net inflow of 19.56 million yuan from institutions, with retail investors withdrawing 18.39 million yuan [2] - China Haifang (600764) saw a net inflow of 6.61 million yuan from institutions, while retail investors withdrew 17.53 million yuan [2]

据证券之星公开数据整理，近期中科海讯（300810）发布2025年中报。截至本报告期末，公司营业总收 入9596.68万元，同比下降9.61%，归母净利润-6467.71万元，同比下降12.09%。按单季度数据看，第二 季度营业总收入4913.5万元，同比下降12.7%，第二季度归母净利润-3944.77万元，同比上升10.31%。本 报告期中科海讯公司应收账款体量较大，当期应收账款占最新年报营业总收入比达162.84%。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率22.13%，同比减46.45%，净利 率-67.73%，同比减24.04%，销售费用、管理费用、财务费用总计2725.25万元，三费占营收比28.4%， 同比增16.46%，每股净资产6.37元，同比减4.33%，每股经营性现金流-0.61元，同比减16.1%，每股收 益-0.55元，同比减12.58% 证券之星价投圈财报分析工具显示： 业务评价：去年的净利率为-10.63%，算上全部成本后，公司产品或服务的附加值不高。从历史年报数 据统计来看，公司上市以来中位数ROIC为1.83%，投资回报一般，其中最惨年份2023年的ROIC 为 ...

证券研究报告 | 公司点评报告 2025 年 08 月 27 日 中科海讯（300810.SZ） 25H1 业绩承压，合同负债创历史新高 中游制造/军工 公司 2025 年上半年总收入 9596.68 万元，同比-9.61%，归母净利润-6467.71 万元，同比-12.09%，扣非归母净利润-6531.94 万元，同比-10.97%。 ❑ 盈利预测：预测 2025-2027 年归母净利润预测达到分别为 0.18 亿、0.29 亿和 强烈推荐（维持） 目标估值：NA 当前股价：53.81 元 基础数据 | 总股本（百万股） | 118 | | --- | --- | | 已上市流通股（百万股） | 114 | | 总市值（十亿元） | 6.4 | | 流通市值（十亿元） | 6.1 | | 每股净资产（MRQ） | 6.4 | | ROE（TTM） | -4.4 | | 资产负债率 | 33.2% | | 主要股东 宁波梅山保税港区中科海讯 | | | 科技投资合伙企业(有限合 主要股东持股比例 | 29.26% | | | 伙) | 股价表现 % 1m 6m 12m 绝对表现 29 163 242 相对表现 ...

Market Overview - The marine equipment sector experienced a decline of 1.45% on August 27, with Guorui Technology leading the losses [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - China Shipbuilding (600150) closed at 36.54, down 0.98% with a trading volume of 983,200 shares and a turnover of 3.629 billion [1] - Tianhai Defense (300008) closed at 7.17, down 2.32% with a trading volume of 1,661,100 shares and a turnover of 1.229 billion [1] - China Marine Defense (600764) closed at 34.57, down 2.92% with a trading volume of 132,600 shares and a turnover of 469 million [1] - China Ship Defense (600685) closed at 28.43, down 3.33% with a trading volume of 174,700 shares and a turnover of 508 million [1] - Yaxing Anchor Chain (601890) closed at 10.28, down 4.90% with a trading volume of 800,900 shares and a turnover of 838 million [1] - Hailanxin (300065) closed at 20.18, down 4.95% with a trading volume of 878,100 shares and a turnover of 1.832 billion [1] - Jianglong Shipbuilding (300589) closed at 14.45, down 5.37% with a trading volume of 227,900 shares and a turnover of 341 million [1] - Zhongke Haixun (300810) closed at 50.80, down 5.59% with a trading volume of 93,300 shares and a turnover of 487 million [1] - Guorui Technology (300600) closed at 18.73, down 6.26% with a trading volume of 234,700 shares and a turnover of 450 million [1] Capital Flow Analysis - The marine equipment sector saw a net outflow of 867 million from institutional investors and 48.28 million from retail investors, while retail investors had a net inflow of 916 million [1] - Individual stock capital flows indicate significant outflows for several companies, with Guorui Technology experiencing a net outflow of 87.17 million, accounting for 19.35% of its capital [2] - Other notable outflows include China Ship Defense with 58.59 million (11.54%) and Yaxing Anchor Chain with 99.32 million (11.85%) [2]

随着大数据、人工智能技术的发展，水声装备智能化的需求愈发迫切。中科海讯不断跟踪新技术发展， 将传统水声技术与智能技术相结合，持续进行产品更新，在已有产品基础上完成了基于GPU芯片的高性 能计算平台和水声大数据采集、分析及处理设备的研制，并结合智能声纳、无人集群智能探测等项目验 证了相关算法，为人工智能赋能水声装备奠定了基础。 公告显示，中科海讯长期专注于国家特种电子信息行业声纳装备领域相关产品的研发、生产和销售，围 绕该行业战略发展方向，紧贴最终用户需求，在海洋特种装备领域提供算力、算法、数据、系统等方面 支撑。中科海讯为客户提供信号处理平台、声纳系统、水声大数据、仿真训练系统、无人探测系统、数 据计算中心等产品，主要作用为水声目标探测与识别、水声通信与数据传输、水声导航与测绘等，最终 用户主要为国家特种部门。 本报讯(记者李乔宇)8月27日，北京中科海讯（300810）数字科技股份有限公司(以下简称"中科海讯")披 露2025年半年度报告。公告显示，今年上半年，中科海讯实现营业收入9596.68万元，实现归属于上市 公司股东的净利润-6467.71万元；实现归属于上市公司股东的扣除非经常性损益的净利润-65 ...

Core Insights - The company Zhongke Haixun (300810.SZ) reported a revenue of 95.9668 million yuan for the first half of 2025, representing a year-on-year decrease of 9.61% [1] - The net loss attributable to shareholders of the listed company was 64.6771 million yuan, which expanded by 12.09% year-on-year [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 65.3194 million yuan, an increase of 10.97% year-on-year [1] - The basic loss per share was 0.5549 yuan [1]

格隆汇8月26日丨中科海讯(300810.SZ)公布2025年半年度报告，上半年公司实现营业收入9596.68万元， 同比下降9.61%；归属于上市公司股东的净利润-6467.71万元；归属于上市公司股东的扣除非经常性损 益的净利润-6531.94万元；基本每股收益-0.5549元。 ...