秋田微: 2025年半年度报告摘要

Core Viewpoint - Shenzhen Qitian Microelectronics Co., Ltd. reported a 21.37% increase in operating revenue for the first half of 2025, reaching approximately 630.57 million yuan, while the net profit attributable to shareholders decreased by 5.78% to about 51.26 million yuan [1][3]. Company Overview - The company specializes in the research, design, production, and sales of LCD display and touch control products, positioning itself as a national high-tech enterprise [3][10]. - The main products include monochrome LCD displays, color LCD modules, and capacitive touch screens, serving various sectors such as industrial control, IoT, healthcare, and automotive electronics [4][10]. Financial Performance - Operating revenue for the reporting period was 630,570,129.07 yuan, up from 519,551,678.13 yuan, marking a 21.37% increase [1]. - Net profit attributable to shareholders was 51,256,660.98 yuan, down from 54,400,116.66 yuan, reflecting a decrease of 5.78% [1]. - The net profit after deducting non-recurring gains and losses was 46,887,005.47 yuan, a decline of 3.20% from the previous year [1]. - The company reported a weighted average return on equity of 3.69%, slightly down from 3.98% [1]. Market Position and Industry Context - The company operates within the "manufacturing" sector, specifically in the "computer, communication, and other electronic device manufacturing" industry, classified as a strategic emerging industry in China [8][10]. - The touch display industry is experiencing rapid growth due to increasing demand in various applications, supported by national policies aimed at optimizing structure and fostering technological innovation [9][10]. - The company has established long-term partnerships with major clients such as ABB, Omron, HP, Siemens, and BYD, enhancing its reputation in both domestic and international markets [11]. Production and Supply Chain - The company primarily adopts a self-procurement model, closely monitoring core material price fluctuations to mitigate operational risks [5][6]. - Production is organized based on customer orders, with a focus on quality control throughout the manufacturing process [6][7]. - The company has implemented various management systems and quality certifications, including ISO 9001:2015 and IATF 16949:2016, to ensure efficient operations [10][11]. Customer Segmentation - The customer base is divided into two main categories: terminal product manufacturers and technical service providers, both requiring customized solutions [7][10]. - The company’s products are sold both domestically and internationally, with a consistent process for contract negotiations and order fulfillment [7].