FORYOU(SZ:002906) Xin Lang Cai Jing·2025-08-25 00:36Core Insights - The company reported a net profit growth of 28.5% year-on-year in Q2 2025, with revenues reaching 2.822 billion yuan, an increase of 28.1% year-on-year and 13.36% quarter-on-quarter [1] - The automotive electronics segment generated revenue of 3.788 billion yuan in H1 2025, up 23.37% year-on-year, while the precision die-casting business saw revenue of 1.292 billion yuan, a 41.32% increase year-on-year [1] - The company has established deep collaborations with Huawei and Xiaomi, providing various cockpit products for multiple vehicle models [1] Financial Performance - In Q2 2025, the company's gross margin was 19.5%, a decrease of 1.8 percentage points year-on-year but an increase of 1.3 percentage points quarter-on-quarter [1] - The net profit margin for Q2 2025 was 6.6%, remaining stable year-on-year and increasing by 0.4 percentage points quarter-on-quarter [1] - The company's operating expenses ratio (four fees) was 12.2%, down 1.0 percentage points year-on-year and 0.4 percentage points quarter-on-quarter [1] Product and Market Development - The company is focusing on automotive intelligence and lightweighting, with continuous product upgrades and optimization of customer structure [2] - Significant revenue growth was observed in electronic rearview mirrors, cockpit domain controllers, vehicle cameras, digital keys, and other products in H1 2025 [2] - The company has secured new projects from international brands such as Stellantis, Ford, and Volkswagen, as well as domestic brands like Changan and Geely [3]