凯格精机上半年营收净利同比双增

Core Viewpoint - The company, Dongguan Kaige Precision Machinery Co., Ltd., reported significant growth in revenue and net profit for the first half of 2025, driven by increased demand for high-end automation equipment and improved gross margins [1][2]. Financial Performance - The company achieved a revenue of 454 million yuan, representing a year-on-year increase of 26.22% [1]. - The net profit attributable to shareholders reached 67.14 million yuan, marking a substantial year-on-year growth of 144.18% [1]. - The overall gross margin improved to 41.86%, an increase of 9.58 percentage points compared to the previous year [1]. Business Segments - Revenue from solder paste printing equipment was 292 million yuan, up 53.56% year-on-year, driven by increased investments in artificial intelligence and a recovery in consumer electronics demand [2]. - Revenue from dispensing equipment was 60.50 million yuan, reflecting a year-on-year growth of 26.31% with a steady increase in market share [2]. - Revenue from packaging equipment decreased by 38.85% to 59.18 million yuan due to a slowdown in industry demand and some products not meeting acceptance criteria [2]. - Revenue from flexible automation equipment reached 24.51 million yuan, showing a significant year-on-year increase of 71.33% [2]. R&D Investment - The company's R&D expenditures for 2023, 2024, and the first half of 2025 were 74.46 million yuan, 78.13 million yuan, and 41.50 million yuan, respectively, accounting for 10.06%, 9.12%, and 9.15% of revenue [3]. - Continuous high R&D investment is crucial for the company to maintain technological innovation and product iteration agility in the context of the artificial intelligence era [3].