2025年8月21日，伟测科技(688372.SH)发布2025年中报。 公司营业总收入为6.34亿元，较去年同报告期营业总收入增加2.04亿元，实现2年连续上涨，同比较去年 同期上涨47.53%。归母净利润为1.01亿元，较去年同报告期归母净利润增加9022.18万元，同比较去年 同期上涨831.03%。经营活动现金净流入为3.39亿元，较去年同报告期经营活动现金净流入增加1.37亿 元，实现2年连续上涨，同比较去年同期上涨67.70%。 公司最新资产负债率为56.80%。 公司摊薄每股收益为0.68元，较去年同报告期摊薄每股收益增加0.58元，同比较去年同期上涨 580.00%。 公司最新总资产周转率为0.11次。最新存货周转率为46.95次。 公司股东户数为1.25万户，前十大股东持股数量为6374.78万股，占总股本比例为42.95%，前十大股东 持股情况如下： | 序号 | 股东名称 | 持股比例 | | --- | --- | --- | | I | 上海蕊测半导体科技有限公司 | 30.78% | | 2 | 江苏捷泉元禾璞华股权投资合伙企业(有限合伙) | 4.45% | | | 宁波芯伟投资 ...

Core Viewpoint - Tai Ling Microelectronics (688591) reported strong financial performance for the first half of 2025, with significant increases in revenue and net profit, indicating robust growth and improved profitability metrics [1]. Financial Performance - Total revenue reached 503 million yuan, a year-on-year increase of 37.72% [1]. - Net profit attributable to shareholders was 101 million yuan, up 274.58% year-on-year [1]. - In Q2 2025, revenue was 273 million yuan, reflecting a 33.97% increase compared to the same quarter last year [1]. - Q2 net profit was approximately 65.36 million yuan, an increase of 108.23% year-on-year [1]. - Gross margin improved to 50.61%, up 9.61% year-on-year, while net margin rose to 20.08%, a significant increase of 171.98% [1]. Key Financial Ratios - The company reported a gross margin of 50.61% and a net margin of 20.08% [1]. - Total expenses (selling, administrative, and financial) amounted to 57.28 million yuan, accounting for 11.38% of revenue, with a year-on-year increase of 11.01% [1]. - Earnings per share (EPS) increased to 0.42 yuan, a rise of 281.82% year-on-year [1]. - Operating cash flow per share reached 0.36 yuan, up 347.86% year-on-year [1]. Changes in Financial Position - Cash and cash equivalents decreased by 18.07% to 1.559 billion yuan due to increased purchases of structured deposits [2]. - Trade receivables increased by 3.99% to 153 million yuan, while accounts payable saw a significant increase of 220.55% due to customer settlements via bank acceptance bills [2][3]. - Inventory rose by 10.83% due to routine stocking [2]. Cost and Expense Analysis - Operating costs increased by 26.37% in line with revenue growth [5]. - Selling expenses rose by 26.71% due to expanded sales efforts and increased employee compensation [6]. - Administrative expenses increased by 16.17%, attributed to higher share-based payment costs [6]. - Financial expenses grew by 42.78%, influenced by lower interest income from structured deposits [6]. Cash Flow Analysis - Net cash flow from operating activities surged by 349.24%, driven by significant increases in sales collections [8]. - Net cash flow from investing activities increased by 87.42%, reflecting lower net purchases of cash management products compared to the previous year [8]. - Net cash flow from financing activities rose by 25.39%, linked to the implementation of the 2024 equity distribution [9]. Market Position and Outlook - The company’s return on invested capital (ROIC) was reported at 2.82%, indicating average capital returns [10]. - Analysts expect the company's performance in 2025 to reach approximately 195 million yuan, with an average EPS forecast of 0.81 yuan [13]. - The company maintains a healthy cash position, which supports its operational stability [11]. Investment Interest - Several funds have increased their holdings in Tai Ling Microelectronics, indicating growing investor interest [14].

一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.0700 | 0.0400 | 75 | -0.2200 | | 每股净资产（元） | 10.48 | 10.71 | -2.15 | 8.51 | | 每股公积金(元) | 9.25 | 9.35 | -1.07 | 7.45 | | 每股未分配利润(元) | 0.57 | 0.30 | 90 | 0.03 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 25.68 | 22.28 | 15.26 | 10.9 | | 净利润(亿元) | 1.35 | 0.79 | 70.89 | -3.31 | | 净资产收益率(%) | 0.65 | 0.36 | 80.56 | -2.55 | 数据四舍五入，查看更多财务数据>> 本次公司不分配不转赠。 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 61456.66万股，累计占 ...