证券研究报告：社会服务 | 公司点评报告 股票投资评级 增持 |调整 个股表现 2025-03 2025-04 2025-05 2025-06 2025-07 2025-09 -26% -20% -14% -8% -2% 4% 10% 16% 22% 28% 胜科纳米 社会服务 资料来源：聚源，中邮证券研究所 公司基本情况 | 最新收盘价（元） | 32.07 | | --- | --- | | 总股本/流通股本（亿股）4.03 | / 0.33 | | 总市值/流通市值（亿元）129 | / 10 | | 52 周内最高/最低价 | 35.80 / 20.44 | | 资产负债率(%) | 59.4% | | 市盈率 | 145.77 | | 第一大股东 | 李晓旻 | 研究所 分析师:吴文吉 SAC 登记编号:S1340523050004 Email:wuwenji@cnpsec.com 分析师:翟一梦 SAC 登记编号:S1340525040003 Email:zhaiyimeng@cnpsec.com 胜科纳米(688757) Labless 模式持续深化，技术迭代驱动成长 l 事件 发布时间：202 ...

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, driven by strong demand in the semiconductor analysis market and expansion of customer resources [1][2] - The establishment of new laboratories in multiple locations has enhanced the company's service efficiency and market reach, contributing to revenue growth [2] Financial Performance - Operating revenue for the first half of 2025 reached 239.24 million RMB, a year-on-year increase of 29.03% [1] - Net profit attributable to shareholders was 33.37 million RMB, reflecting an 11.48% increase compared to the previous year [1] - The net profit after deducting non-recurring gains and losses was 31.52 million RMB, up 19% year-on-year [1] Asset and Equity Growth - The net assets attributable to shareholders increased to 879.41 million RMB, a 45.13% rise from the end of the previous year [1] - Total assets grew to 1.68 billion RMB, marking a 12.67% increase compared to the previous year [1] Service Expansion - Revenue from failure analysis services reached 153 million RMB, a 25.08% increase year-on-year, while material analysis services revenue was 79.37 million RMB, up 38.21% [1] - The company has established new laboratories in Nanjing, Fujian, Shenzhen, Qingdao, and Beijing to meet customer demands and improve service capabilities [2]