AHTHGC(SZ:000901) Zheng Quan Zhi Xing·2025-08-28 14:20Financial Performance - The company reported a total revenue of 2.951 billion yuan for the first half of 2025, a year-on-year decrease of 11.04% [1] - The net profit attributable to shareholders was 88.97 million yuan, showing a significant year-on-year increase of 2161.91% [1] - In Q2 2025, the revenue was 1.298 billion yuan, down 22.29% year-on-year, while the net profit for the quarter was 92.61 million yuan, up 2710.32% year-on-year [1] - The gross margin increased by 9.68% year-on-year to 18.83%, and the net margin rose by 1025.6% to 3.15% [1] - Total operating expenses (sales, management, and financial expenses) amounted to 413 million yuan, accounting for 13.98% of revenue, an increase of 10.96% year-on-year [1] - Earnings per share reached 0.11 yuan, a year-on-year increase of 2175.51% [1] Business Model and Operations - The company operates primarily in three business segments: aerospace applications, automotive electronics, and the Internet of Things (IoT) [3] - Aerospace applications include inertial navigation accelerometers, precision manufacturing, testing and control equipment, and specialized power supplies, with a leading position in domestic technology [4] - The automotive electronics segment focuses on commercial vehicles domestically and includes products such as vehicle displays and remote information processors, while the overseas segment emphasizes cabin sensors for safety and comfort [5] - The IoT platform, IRIOT, is a low-code platform providing comprehensive solutions across various sectors, including oil and gas, smart cities, and logistics [6]