Core Viewpoint - Laplace (688726.SH) reported a decline in both revenue and net profit for the fiscal year 2025, attributed to a temporary supply-demand imbalance in the photovoltaic industry, despite ongoing advancements in technology and product competitiveness [1] Financial Performance - The company achieved total operating revenue of 5.46 billion yuan in 2025, a decrease of 4.69% compared to the previous year [1] - Net profit attributable to shareholders was 612 million yuan, down 16.07% year-on-year [1] - The net profit excluding non-recurring gains and losses was 494 million yuan, reflecting an 18.45% decrease from the prior year [1] - Basic earnings per share were 1.51 yuan, a decline of 22.96% compared to the same period last year [1] Operational Highlights - The company steadily advanced product delivery and acceptance at client sites, but faced revenue and profit pressures due to the photovoltaic industry's supply-demand imbalance [1] - There remains strong market demand for advanced capacity construction, technology upgrades of existing production lines, and overseas expansion [1] - The company is actively promoting technological iteration and innovation in areas such as TOPCon, XBC, perovskite, and tandem solar cells to enhance product competitiveness [1] Research and Development - The company increased its R&D expenses compared to the previous year, focusing on optimizing and iterating products to help clients reduce costs and improve efficiency [1] - Research and application efforts are ongoing in fields such as magnetron sputtering physical vapor deposition platforms, atomic layer edge passivation deposition (EPD) equipment, core vacuum processes for perovskite, laser equipment, and new metallization equipment [1] - In the semiconductor equipment sector, the company is developing equipment needed for discrete devices and integrated circuits, aiming for breakthroughs in the integrated circuit field [1]
拉普拉斯(688726.SH)：2025年度净利润6.12亿元，同比减少16.07%