【兴证计算机】计算机行业2025年中报总结

Group 1 - The core viewpoint indicates a steady improvement in industry prosperity, with AI as the central engine driving growth [2] - In H1 2025, the sector achieved operating revenue of 932.15 billion yuan, a year-on-year increase of 20.25%, with a median revenue growth rate of 3.72% [2] - The net profit attributable to shareholders reached 18.744 billion yuan, up 40.48% year-on-year, with a significant improvement in profitability [2] Group 2 - In Q2 2025, the sector's operating revenue was 506.26 billion yuan, reflecting a year-on-year growth of 18.53%, with nearly 60% of companies reporting positive growth [3] - The net profit attributable to shareholders for Q2 2025 was 13.15 billion yuan, a 36.13% increase year-on-year, driven by improved revenue growth and management efficiency [3] Group 3 - In the AI segment, revenue growth reached 39.94% in H1 2025, driven by increasing demand for computing power and accelerated application of AI technologies [4] - In the financial technology sector, C-end performance saw significant growth, while B-end opportunities are gradually improving [4] - The self-security sector is entering a new upward cycle, with network security showing signs of stabilization [4]