Sichuan Tianwei Electronic (SH:688511) Zheng Quan Zhi Xing·2025-07-29 16:18Performance Forecast - The company expects a net profit attributable to shareholders of approximately 30.06 million yuan for the first half of 2025, an increase of about 28.67 million yuan compared to the same period last year [1][2] - The total profit for the first half of 2025 is projected to be around 32.49 million yuan, with a net profit after deducting non-recurring gains and losses estimated at approximately 23.11 million yuan [1][2] - The expected operating revenue for the first half of 2025 is about 84.01 million yuan, with the revenue after excluding unrelated business income estimated at around 82.36 million yuan [1][2] Previous Year Performance - In the same period last year, the total profit was 0.154 million yuan, with a net profit attributable to shareholders of 1.39 million yuan [2] - The net profit after deducting non-recurring gains and losses was -3.88 million yuan [2] - The operating revenue for the previous year was 44.84 million yuan, with the adjusted revenue being 43.39 million yuan [2] Reasons for Performance Change - The company's main product, the fire suppression and explosion-proof system, is closely tied to the annual task arrangements of the complete vehicle [2] - The acceleration of the annual task progress due to national macro policies has led to an increase in product delivery pace, positively impacting net profit [2] - The reduction in management expenses due to the cancellation of equity incentives and decreased impairment losses contributed to the significant increase in net profit for the first half of 2025 [2]