恒为科技2025年归母净利润3493.80万元 同比增长30.13%

Core Viewpoint - Hengwei Technology (603496.SH) reported a decline in revenue for 2025, while net profit showed significant growth, indicating a mixed performance driven by varying business segments [1] Financial Performance - The company achieved an operating revenue of 1.047 billion yuan, a year-on-year decrease of 6.31% [1] - The 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, marking an 18.40% year-on-year increase, primarily due to a higher recognition of revenue from operator market orders [1] - The intelligent system platform business generated 598 million yuan in revenue, a decline of 19.04% year-on-year, attributed to a decrease in orders for integrated computing machines [1] - Despite the decline in the intelligent system platform, revenue from switch hardware and network security platform businesses 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]