GOWORLD(SZ:000823) Zheng Quan Zhi Xing·2025-08-29 22:59Core Insights - The company, Ultrasonic Electronics, reported a significant increase in revenue and net profit for the first half of 2025, with total revenue reaching 3.045 billion yuan, a year-on-year increase of 13.26%, and net profit attributable to shareholders of 115 million yuan, up 53.62% [1] Financial Performance - Total revenue for Q2 2025 was 1.579 billion yuan, reflecting a year-on-year growth of 10.98% - Net profit for Q2 2025 was 73.048 million yuan, an increase of 27.03% compared to the same period last year - Gross margin improved to 17.25%, up 4.76% year-on-year, while net margin rose to 4.88%, a significant increase of 46.37% [1] - Total operating expenses (sales, management, and financial expenses) amounted to 218 million yuan, accounting for 7.17% of revenue, down 5.07% year-on-year [1] Key Financial Metrics - Earnings per share (EPS) increased to 0.21 yuan, a rise of 53.59% year-on-year - Operating cash flow per share reached 0.54 yuan, up 50.89% year-on-year - The company's net assets per share were 8.68 yuan, reflecting a 2.94% increase year-on-year [1] Debt and Cash Position - The company reported a healthy cash position with monetary funds of 1.792 billion yuan, a year-on-year increase of 26.97% - Accounts receivable stood at 1.722 billion yuan, up 6.96% year-on-year, with a concerning accounts receivable to profit ratio of 798.11% [3][2] Investment and Fund Holdings - Several funds have newly entered the top ten holdings of Ultrasonic Electronics, including Southern Big Data 100A and others, indicating growing institutional interest [4]