爱玛科技(603529)：25Q2归母净利润同比+30% 分红比例提升、重视股东回报

Group 1 - The company reported a revenue of 13.03 billion yuan for H1 2025, representing a year-on-year increase of 23%, with a net profit attributable to shareholders of 1.21 billion yuan, up 28% year-on-year [1] - In Q2 2025, the company achieved a revenue of 6.8 billion yuan, a year-on-year growth of 21%, and a net profit of 610 million yuan, reflecting a 30% increase year-on-year [1] - The company's gross margin for H1 2025 was 19.2%, an increase of 1.4 percentage points year-on-year, while the net profit margin was 9.3%, up 0.3 percentage points year-on-year [1] Group 2 - The company is focusing on optimizing its product structure by creating a multi-layered product mix that includes "core best-selling products, high-frequency scenario products, and regional specialty products" to enhance market coverage [2] - The company plans to distribute a cash dividend of 0.628 yuan per share (before tax) to all shareholders, amounting to approximately 550 million yuan, which represents about 45% of the net profit attributable to shareholders for H1 2025 [2] - The company is expected to see steady growth in performance, with projected net profits attributable to shareholders of 2.59 billion yuan, 3.09 billion yuan, and 3.57 billion yuan for the years 2025 to 2027 [2]