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调研速递|维业股份接受湘财证券等3家机构调研 披露多项业务关键数据
Xin Lang Cai Jing· 2025-09-11 09:50
Core Viewpoint - Viyie Group has experienced a significant decline in revenue in the first half of the year, primarily due to reduced income from construction services, while maintaining a slight increase in net profit through cost control measures [3][4]. Company Overview - Viyie Group, established in 1994 and controlled by Zhuhai State-owned Huafa Group, is a publicly listed company in A-shares, recognized as one of China's top 100 construction decoration enterprises and a top 500 enterprise in Shenzhen [2]. Half-Year Performance and Revenue Decline - The company reported a revenue of 4.008 billion yuan in the first half of the year, a year-on-year decrease of 47.81%, while the net profit attributable to shareholders was 10.4334 million yuan, an increase of 5.38%, with basic earnings per share at 0.05 yuan [3]. Cost Control and Profitability Improvement - Viyie Group has enhanced its cost management through refined project management and efficiency improvements, resulting in a year-on-year increase in gross profit margin. The company plans to continue refining its cost control system to further enhance project management and profitability [4]. Participation in Low-altitude Economy - The company's wholly-owned subsidiary, Jiantai Construction, is involved in the construction of the Zhuhai Airshow Center, although its revenue from low-altitude economy-related construction services is currently minimal [5]. Accounts Receivable Collection Measures - Due to the nature of the construction industry, accounts receivable constitute a significant portion of the company's assets. Viyie Group manages risks through customer credit management and has established a dynamic monitoring and warning system to prevent performance risks, along with a special collection team for overdue accounts [6]. Development in Photovoltaic and New Business Areas - Jiantai Construction has won a bid for a distributed photovoltaic power generation project in Zhuhai, focusing on photovoltaic construction services, which currently contribute a small portion of revenue. The company has also made progress in high-end manufacturing and smart park construction, including a project for Jingwang Electronics and a bid for the land-based control center of the Yangjiang Fan Stone offshore wind farm, supporting energy conservation and emission reduction [7].