Goke(SZ:300672) Ju Chao Zi Xun·2025-08-29 03:01Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, while showing growth in net profit after excluding non-recurring items and an increase in overall gross margin [2] Financial Performance - Revenue for the first half of 2025 was 741,381,095.63 yuan, a year-on-year decrease of 12.86% [2] - Net profit attributable to shareholders was 20,122,695.77 yuan, down 25.02% year-on-year [2] - Net profit after deducting non-recurring gains and losses was 8,654,595.9 yuan, an increase of 9.42% year-on-year [2] - Overall gross margin was 28.72%, up 11.08 percentage points year-on-year and 2.43 percentage points from the previous quarter [2] - R&D investment was 32,327.61 million yuan, accounting for 43.6% of revenue [2] - Total assets at the end of the reporting period were 7,520,987,937.28 yuan, a decrease of 1.91% year-on-year [2] - Net assets attributable to shareholders were 4,072,583,174.61 yuan, down 0.63% year-on-year [2] Product Performance - Smart vision series chips generated sales of 34,150.93 million yuan, a decline of 16.77% year-on-year, accounting for 46.06% of total revenue [2] - Gross margin for smart vision chips was 27.89%, an increase of 16.23 percentage points year-on-year [2] - Ultra-high-definition smart display series chips achieved sales of 24,748.83 million yuan, down 35.13% year-on-year, representing 33.38% of total revenue [3] - IoT series chips saw sales of 12,814.71 million yuan, a significant increase of 251.37% year-on-year, making up 17.28% of total revenue [5] - Solid-state storage series chips generated sales of 1,888.51 million yuan, up 33.19% year-on-year, accounting for 2.55% of total revenue [6] Market Development - The company has successfully launched the GK63 series for the broadcasting and IPTV operator markets, achieving large-scale production [4] - The company has established a strong presence in the 4K product market within the cable television sector, with over 90% of provincial companies in China’s broadcasting network adopting its products [4] - The company is actively exploring new business areas such as satellite positioning and high-precision navigation with its IoT chips [5] - The company is expanding its footprint in the automotive AI chip market, targeting various clients across the automotive electronics industry [7]