Core Viewpoint - Hengwei Technology (603496.SH) reported a decrease in operating revenue for 2025, while net profit showed significant growth, indicating a mixed performance driven by varying business segments [1] Financial Performance - The company achieved operating revenue of 1.047 billion yuan, a year-on-year decrease of 6.31% [1] - Net profit attributable to shareholders was 34.938 million yuan, reflecting a year-on-year increase of 30.13% [1] - The net profit after deducting non-recurring gains and losses was 29.693 million yuan, up 33.37% year-on-year [1] Business Segment Analysis - Revenue from the network visualization business reached 448 million yuan, an increase of 18.40% year-on-year, primarily due to a higher confirmation of revenue from operator market orders [1] - The intelligent system platform business revenue was 598 million yuan, a decline of 19.04% year-on-year, mainly due to a decrease in orders for integrated computing machines; however, revenue from switch hardware and network security platforms grew significantly due to increased demand in the network communication and cybersecurity markets [1] Cost Management - The company implemented strict cost control measures and enhanced accounts receivable management, contributing to the year-on-year increase in net profit [1]
恒为科技(603496.SH)2025年归母净利润3493.80万元 同比增长30.13%