BOE(SZ:000725) 剑道电子·2025-09-12 14:20Core Viewpoints - The company reported a year-on-year revenue growth of 8.45% and a net profit growth of 42.15% for the first half of 2025, indicating strong financial performance and diversified business development [4][5]. Financial Performance - In 1H25, the company achieved a revenue of 101.28 billion yuan and a net profit attributable to shareholders of 3.25 billion yuan, with a non-recurring net profit of 2.28 billion yuan [5]. - The revenue for Q2 2025 was 50.68 billion yuan, reflecting a year-on-year increase of 6.7% and a quarter-on-quarter increase of 0.16% [5]. - The gross profit margin for Q2 2025 was 13.04%, showing a decline of 4.4 percentage points year-on-year and 2.7 percentage points quarter-on-quarter [5]. Business Segments - The display device business generated 84.33 billion yuan in revenue in 1H25, with a year-on-year growth of 8.10% and a gross margin of 12.40% [7]. - The flexible OLED segment saw a shipment of approximately 71 million units, a year-on-year increase of 10.3%, capturing a 23.8% share of the global flexible OLED panel market [7]. - The Internet of Things (IoT) innovation business reported a revenue of 18.19 billion yuan, growing by 6.03% year-on-year [8]. - The MLED business achieved a revenue of 4.35 billion yuan, with a year-on-year growth of 7.76% [8]. - The sensor business showed significant growth, with a revenue of 224 million yuan, marking a year-on-year increase of 36.80% [8].