YGSOFT(SZ:002063) Zheng Quan Zhi Xing·2025-08-23 22:57Financial Performance - The company reported a total revenue of 1.055 billion yuan for the first half of 2025, a year-on-year increase of 0.98% [1] - The net profit attributable to shareholders reached 75.43 million yuan, reflecting a significant year-on-year growth of 33.61% [1] - In Q2 2025, the revenue was 638 million yuan, up 9.22% year-on-year, while the net profit for the same quarter was 66.05 million yuan, increasing by 39.6% [1] - The gross margin was 52.52%, down 10.3% year-on-year, while the net margin improved to 6.25%, up 43.59% [1] - Total expenses (selling, administrative, and financial) amounted to 217 million yuan, accounting for 20.6% of revenue, an increase of 11.0% year-on-year [1] Accounts Receivable and Cash Flow - The accounts receivable reached 1.534 billion yuan, representing a 22.25% increase compared to the previous year, with accounts receivable to net profit ratio at 523.63% [1][5] - The operating cash flow per share was -0.35 yuan, a decrease of 5.51% year-on-year [1] Investment and Financial Ratios - The company’s return on invested capital (ROIC) was 8.18%, indicating a generally average capital return [4] - The historical median ROIC over the past decade was 8.3%, with the lowest recorded at 5.26% in 2015 [5] Business Opportunities - The company identified significant opportunities in the smart energy sector, particularly in digitalization and information support for complex trading scenarios in the electricity market [6] - There is a growing demand for enhanced capabilities in power prediction, load forecasting, and multi-resource coordination, which presents a major opportunity for the company's information technology solutions in energy trading [6]