据证券之星公开数据整理，近期国星光电(002449)发布2025年中报。截至本报告期末，公司营业总收入 16.81亿元，同比下降9.3%，归母净利润2457.23万元，同比下降56.31%。按单季度数据看，第二季度营 业总收入9.14亿元，同比上升0.15%，第二季度归母净利润787.62万元，同比下降72.17%。本报告期国 星光电公司应收账款体量较大，当期应收账款占最新年报归母净利润比达1601.19%。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率12.12%，同比增3.11%，净利率1.46%， 同比减51.83%，销售费用、管理费用、财务费用总计8942.62万元，三费占营收比5.32%，同比增 21.85%，每股净资产6.18元，同比减0.05%，每股经营性现金流-0.01元，同比减104.78%，每股收益0.04 元，同比减56.33% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 18.54亿 | 16.81亿 | -9.30% | | 归母净利润（元） | 5624.58万 | 24 ...

深圳市聚飞光电股份有限公司投资者关系活动记录表 编号：2025-003 | | 特定对象调研 □分析师会议 | | | --- | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | | 类别 | □新闻发布会 □路演活动 | | | | □现场参观 □其他： | | | 时间 | 2025 年 8 月 24 日-2025 年 8 月 25 | 日 | | 方式 | 线上交流 | | | | 中信证券 | 桑轶 | | | 恒远资本 | 张立东 | | | 国海电子 | 李明明 | | | 中新融创 | 樊雨 | | | 东北证券自营 | 秦沐阳 | | | 乐信投资 | 蔡军 | | | 逸原达投资 | 何桥伟 | | | 同伴投资 | 项光隆 | | | 西部利得基金 | 温震宇 | | | 中信证券 | 陈彦霖 | | | 中信证券 | 徐曼丽 | | | 中信证券 | 束美琳 | | | 景合私募基金管理(海南)有限公司 | 陈洪 | | | 北京久阳润泉资本管理中心(有限合伙) | 赵炜 | | 参与单位名称及 | 新华基金 | 刘海彬 | | 人员姓名 | 杭银理财 ...

Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 779 million yuan, representing a year-on-year growth of 21.08% [1] - The net profit attributable to shareholders was 70.66 million yuan, showing a decline of 3.2% compared to the previous year [1] - The net profit after deducting non-recurring gains and losses was 51.73 million yuan, which is a year-on-year increase of 10.89% [1] Group 2: Future Growth Drivers - Key drivers for future profit growth include increased penetration of Mini LED backlight applications, growth in market share for automotive LEDs, and expansion into overseas markets for traditional businesses [2] - The company maintains an open attitude towards mergers and acquisitions, focusing on potential targets that align with its long-term strategic planning [2] Group 3: Accounts Receivable and Market Trends - The increase in accounts receivable is considered normal due to the expansion of the company's business scope and the nature of its clients, which are primarily industry leaders [2] - The Mini LED backlight market is expected to grow, driven by decreasing costs and government policies promoting upgrades, with the company outpacing industry average growth rates [2] Group 4: Production and Capital Expenditure - The company is expanding production lines in Huizhou and Wuhu to meet the rising demand for Mini LED backlight products [2] - Future capital expenditures will focus on expanding production lines for Mini LED, automotive, and traditional businesses in overseas markets [2] Group 5: Impact of Tariffs - The company currently has no direct revenue from the U.S., and its diversified customer base mitigates the impact of tariffs, which are considered limited at this time [3]