证券代码：600337 证券简称：美克家居 编号：临 2025-046 美克国际家居用品股份有限公司 关于 2025 年第二季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 按照上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号行业信 息披露：第四号—零售》以及《关于做好主板上市公司 2025 年半年度报告披露 工作的重要提醒》等规定，美克国际家居用品股份有限公司（以下称公司）现将 一、2025 年第二季度门店变动情况 （一）新增门店 无。 （二）关闭门店 | 地区 | 经营业态 | 数量 | 停业时间 | | 建筑面积（㎡） | | --- | --- | --- | --- | --- | --- | | 辽宁 | 自营 | 2 | 2025-4 | 1281 | | | 江苏 | 自营 | 1 | 2025-6 | 485 | | | 天津 | 自营 | 1 | 2025-6 | 3194 | | | 二、2025 | | 年第二季度拟增加未开业门店情况： | | | | 无。 三、202 ...

证券代码：600337 证券简称：美克家居 编号：临 2025-046 美克国际家居用品股份有限公司 关于 2025 年第二季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 按照上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号行业信 息披露：第四号—零售》以及《关于做好主板上市公司 2025 年半年度报告披露 工作的重要提醒》等规定，美克国际家居用品股份有限公司（以下称公司）现将 2025 年第二季度主要经营数据披露如下： 一、2025 年第二季度门店变动情况 （一）新增门店 二○二五年八月三十日 无。 （二）关闭门店 | 地区 | 经营业态 | 数量 | 停业时间 | 建筑面积（㎡） | | --- | --- | --- | --- | --- | | 辽宁 | 自营 | 2 | 2025-4 | 1281 | | 江苏 | 自营 | 1 | 2025-6 | 485 | | 天津 | 自营 | 1 | 2025-6 | 3194 | 二、2025 年第二季度拟增加未开业门店情况： 无。 ...

Investment Rating - The investment rating for the company is not explicitly stated in the provided documents, but the report indicates a positive outlook on the company's market position and growth opportunities. Core Insights - The company has a significant advantage in its core mattress category, with a market share expected to continue increasing despite short-term industry pressures [2]. - The AI product revenue has seen over threefold growth, indicating a strong opportunity in the smart mattress segment [3]. - Profit margins are stable, with an increase in gross margin and net profit margin reported [4]. - The company is focusing on a "health sleep" strategy and expanding its brand presence through both online and offline channels [2]. Financial Performance Summary - In H1 2025, the company achieved revenue of 2.478 billion yuan, a year-on-year decrease of 5.8%, with a net profit of 358 million yuan, down 4.1% [1]. - The revenue breakdown for core categories in H1 2025 shows mattress sales at 1.256 billion yuan (up 1.3%), while other categories like bed frames and sofas saw declines [2]. - The gross margin for mattresses and bed frames in H1 2025 was reported at 63.55% and 49.35%, respectively, both showing year-on-year increases [2]. - The company expects to achieve net profits of 770 million yuan, 820 million yuan, and 900 million yuan for the years 2025, 2026, and 2027, respectively [6]. Strategic Initiatives - The company is advancing its AI strategy, with the launch of the AI smart mattress product T11+, and has formed a partnership with Huawei to develop a new sleep ecosystem [3]. - A full-channel strategy is being implemented to enhance customer conversion potential and expand market reach [2]. - The company anticipates that the mattress industry is entering a consolidation phase, where leading firms can leverage product innovation and scale to increase market share [2].

Investment Rating - The investment rating for the company is not explicitly stated in the provided documents, but the report indicates a positive outlook on the company's performance and growth strategies. Core Viewpoints - The company is experiencing significant growth in its new retail and home decoration channels, with a strategic focus on integrating its four main business areas: retail, home decoration, refined decoration, and overseas markets [2]. - The retail business achieved revenue of 820 million yuan in H1 2025, representing a year-on-year increase of 20.27%, indicating the effectiveness of the new retail strategy [2]. - The home decoration channel saw a revenue of 292 million yuan in H1 2025, with an impressive growth rate of approximately 30% [2]. - The overall gross profit margin improved to 27.86% in H1 2025, reflecting the company's ongoing efforts to enhance efficiency and reduce costs [4]. Summary by Sections Financial Performance - In H1 2025, the company reported total revenue of 1.469 billion yuan, a decrease of 3.4% year-on-year, and a net profit attributable to shareholders of 64 million yuan, down 8.4% year-on-year [1]. - The company’s Q2 2025 revenue was 882 million yuan, showing a slight increase of 0.3% year-on-year, while the net profit decreased by 13% [1]. Business Segments - Retail: Revenue reached 820 million yuan in H1 2025, with a gross margin of 31.89%, up 0.60 percentage points year-on-year [2]. - Home Decoration: Revenue from home decoration channels was 292 million yuan, achieving about 30% growth [2]. - Refined Decoration: Revenue was 439 million yuan, down 26.94% year-on-year, with a gross margin of 13.87% [2]. - Overseas: Revenue was 151 million yuan, down 8.96% year-on-year, with a gross margin of 29.48% [2]. Profitability and Efficiency - The company’s gross profit margin improved to 27.86% in H1 2025, while the net profit margin was 4.33%, slightly down from the previous year [4]. - The operating cash flow was negative at -230 million yuan in H1 2025, a decrease of 35 million yuan year-on-year [4]. Future Projections - The company is projected to achieve net profits of 240 million yuan, 260 million yuan, and 290 million yuan for the years 2025, 2026, and 2027, respectively, with corresponding P/E ratios of 13.0X, 11.7X, and 10.8X [5].

格隆汇8月28日丨建霖家居(603408.SH)发布中报，2025上半年实现营业总收入23.86亿元，同比下降 2.28%；归属母公司股东净利润2.38亿元，同比下降8.02%；基本每股收益为0.54元。 ...

来源：环球网 | | | | 单位:元币种:人民币 | | --- | --- | --- | --- | | 主要会计数据 | 本报告期 | 上年同期 | 本报告期比上年同 | | | (1-6月) | | 期增减(%) | | 营业收入 | 1, 468, 943, 596, 54 | 1.520.132.893.30 | -3. 37% | | 利润总额 | 61, 241, 185. 80 | 70. 922. 826. 30 | -13.65% | | 归属于上市公司股东的净利润 | 63,651,763,80 | 69, 465, 594, 78 | -8. 37% | | 归属于上市公司股东的扣除非 经常性损益的净利润 | 34. 138. 633. 45 | 39.231.390.28 | -12. 98% | | 经营活动产生的现金流量净额 | =230. 357, 616. 18 | -195, 652, 121. 79 | -17.74% | | | 本报告期末 | 上年度末 | 本报告期末比上年 | | | | | 度末增减(%) | | 归属于上市公司股东的净资产 | 2. 819. ...

【环球网综合报道】8月27日，金牌家居发布2025年半年度报告。2025上半年，金牌家居营业收入14.69 亿元，同比下降3.37%；归属于上市公司股东的净利润6365.18万元，同比下降8.37%。 分渠道看，金牌家居零售渠道营收8.2亿元，同比增长20.27%；家装渠道（含零售家装、金牌整家定制 及家装直供）营收2.92亿元，同比增长约30%；海外渠道实现营收 1.51亿元，同比下降8.96%；精装业 务实现营收4.39亿元，同比下降26.94%。 店态布局方面，截至报告期，金牌家居零售窗口店、零售家装选材店、共享大店及社区店四级店态布局 初步成型，并完成相应组织架构调整。其中，零售门店达1356家，拎包小区样板店613家，局改门店52 家；零售家装选材店已拓展至1139家。共享大店在福州、成都等城市建成4家；社区店在厦门、成都完 成28家门店建设。家装渠道门店总数达1458家。 来源：环球网 | | | | 单位:元币种:人民币 | | --- | --- | --- | --- | | 主要会计数据 | 本报告期 | 上年同期 | 本报告期比上年同 | | | (1-6月) | | 期增减(%) | ...

[Table_ReportType] 公司点评报告 [Table_StockAndRank] 索菲亚(002572) 投资评级 证券研究报告 公司研究 上次评级 [Table_Author] 姜文镪 新消费行业首席分析师 执业编号：S1500524120004 邮 箱：jiangwenqiang@cindasc.com 信达证券股份有限公司 CINDA SECURITIES CO.,LTD 北京市西城区宣武门西大街甲127号金隅大厦B 座 邮编：100031 保持稳健经营，现金流有所改善。公司经营稳健，截至 2025H1 公司存货周 转天数 30.01 天（同比-0.92 天）、应收账款周转天数 51.97 天（同比+13.33 [Table_Title] 索菲亚：坚持多品牌发展，发力整装探索存量 市场 利润率有所承压。2025H1 公司毛利率 34.38%（同比-1.38pct），归母净利 率为 7.02%（同比-4.44pct），扣非归母净利率 9.42%（同比-1.36pct）。费 用率方面，2025H1 期间费用率为 21.23%（同比+0.38pct），其中销售费用 率 / 管 理 费用率 / 研 ...

8月28日消息，成都富森美家居股份有限公司（证券代码：002818）发布2025年半年度报告。报告显 示，公司实现营业收入6.49亿元，归属于上市公司股东的净利润3.18亿元，经营性现金流净额达6.35亿 元。公司同时披露中期分红方案，拟向全体股东每10股派发现金红利3.6元（含税），合计派发金额约 2.69亿元。 ...

展望未来，公司表示将继续巩固其作为小米生态链睡眠领域战略合作伙伴的地位，深化与小米"AI+"战 略的协同合作。同时，趣睡科技明确将持续推进全球化市场布局，着力开辟海外增长新蓝海，重点布局 欧洲、东南亚与日本三大核心市场。依托自身在智能化产品与技术方面的优势，公司将以智能冷暖毯、 智能电热毯等核心品类为抓手，全面拓展海外市场。 趣睡科技主营业务为高品质易安装家具、家纺等家居产品的研发、设计、生产与销售。趣睡科技表示， 公司作为小米生态链睡眠领域战略合作伙伴，深化与小米"AI+"战略协同，聚焦睡眠健康场景，推动生 成式AI在智能家居领域的深度应用，实现AI大模型与家居场景融合。公司积极响应"人工智能+"国家战 略，持续加大智能化研发投入，不断拓展智能产品矩阵。通过融合先进技术，公司推出多款提升睡眠舒 适性与便捷性的智能产品。 中证报中证网讯(王珞)趣睡科技（301336）8月27日晚发布2025年半年度报告，公司上半年实现营业收 入1.46亿元，同比增长15.82%；实现归属于上市公司股东的净利润1678.47万元，同比增长19.43%。归 属于上市公司股东的扣除非经常性损益的净利润为1241.78万元，同比增长 ...