德赛西威所属申万行业为：计算机-软件开发-垂直应用软件。所属概念板块包括：理想汽车概念、长安 汽车概念、粤港澳、大盘、价值成长等。 截至9月30日，德赛西威股东户数5.65万，较上期减少4.24%；人均流通股9789股，较上期增加4.43%。 2025年1月-9月，德赛西威实现营业收入223.37亿元，同比增长17.72%；归母净利润17.88亿元，同比增 长27.08%。 12月19日，德赛西威盘中上涨2.01%，截至09:38，报119.23元/股，成交1.62亿元，换手率0.25%，总市 值711.62亿元。 资金流向方面，主力资金净流出794.82万元，特大单买入866.16万元，占比5.36%，卖出2831.75万元， 占比17.52%；大单买入4055.54万元，占比25.10%，卖出2884.77万元，占比17.85%。 德赛西威今年以来股价涨9.48%，近5个交易日涨5.04%，近20日涨10.98%，近60日跌13.35%。 资料显示，惠州市德赛西威汽车电子股份有限公司位于广东省惠州市惠南高新科技产业园惠泰北路6 号，成立日期1986年7月24日，上市日期2017年12月26日，公司主营业务 ...

Core Viewpoint - Desay SV Automotive experienced a decline in stock price, with a current trading value of 113.42 CNY per share and a market capitalization of 67.694 billion CNY, indicating a mixed performance in recent trading sessions [1] Financial Performance - For the period from January to September 2025, Desay SV reported a revenue of 22.337 billion CNY, reflecting a year-on-year growth of 17.72%, and a net profit attributable to shareholders of 1.788 billion CNY, which is a 27.08% increase compared to the previous year [2] - The company has distributed a total of 2.237 billion CNY in dividends since its A-share listing, with 1.438 billion CNY distributed over the last three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders for Desay SV decreased by 4.24% to 56,500, while the average number of circulating shares per person increased by 4.43% to 9,789 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 9.3147 million shares, an increase of 1.502 million shares from the previous period, while Huatai-PB CSI 300 ETF reduced its holdings by 238,800 shares to 4.8369 million shares [3] Stock Performance - Year-to-date, Desay SV's stock price has increased by 4.14%, but it has seen a decline of 1.55% over the last five trading days and a 9.21% drop over the last twenty days [1]

Core Viewpoint - Desay SV's stock price has shown fluctuations with a year-to-date increase of 7.90%, while experiencing a recent decline over the past 20 days, indicating mixed market sentiment towards the company [1]. Financial Performance - For the period from January to September 2025, Desay SV achieved a revenue of 22.337 billion yuan, representing a year-on-year growth of 17.72%. The net profit attributable to shareholders was 1.788 billion yuan, reflecting a year-on-year increase of 27.08% [2]. - Cumulative cash dividends since the company's A-share listing amount to 2.237 billion yuan, with 1.438 billion yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Desay SV was 56,500, a decrease of 4.24% from the previous period. The average number of circulating shares per shareholder increased by 4.43% to 9,789 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 9.3147 million shares, an increase of 1.502 million shares compared to the previous period. Meanwhile, Huatai-PB CSI 300 ETF has reduced its holdings by 238,800 shares, holding 4.8369 million shares [3]. Market Activity - On November 10, Desay SV's stock rose by 2.01%, reaching a price of 117.51 yuan per share, with a trading volume of 525 million yuan and a turnover rate of 0.82%. The total market capitalization stood at 70.135 billion yuan [1].

Core Insights - Desay SV's stock price decreased by 2.00% on October 30, trading at 117.89 CNY per share with a market capitalization of 70.362 billion CNY [1] - The company has seen a year-to-date stock price increase of 8.25%, but a decline of 5.28% over the last five trading days and 17.48% over the last twenty days [1] Financial Performance - For the period from January to September 2025, Desay SV reported revenue of 22.337 billion CNY, representing a year-on-year growth of 17.72% [2] - The net profit attributable to shareholders for the same period was 1.788 billion CNY, reflecting a year-on-year increase of 27.08% [2] Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 4.24% to 56,500, while the average number of circulating shares per shareholder increased by 4.43% to 9,789 shares [2] - Since its A-share listing, Desay SV has distributed a total of 2.237 billion CNY in dividends, with 1.438 billion CNY distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the sixth largest circulating shareholder, holding 9.3147 million shares, an increase of 1.502 million shares from the previous period [3] - Huatai-PB CSI 300 ETF was the tenth largest circulating shareholder, holding 4.8369 million shares, a decrease of 0.2388 million shares from the previous period [3]

Core Viewpoint - Desay SV's stock price has shown significant fluctuations, with a year-to-date increase of 25.46% but a recent decline of 9.65% over the past five trading days [1] Group 1: Stock Performance - As of October 15, Desay SV's stock price rose by 2.02% to 136.64 CNY per share, with a trading volume of 724 million CNY and a turnover rate of 0.98%, resulting in a total market capitalization of 75.828 billion CNY [1] - The stock has experienced a year-to-date increase of 25.46%, a decline of 9.65% over the last five trading days, a rise of 12.93% over the last 20 days, and a 34.14% increase over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, Desay SV reported a revenue of 14.644 billion CNY, representing a year-on-year growth of 25.25%, and a net profit attributable to shareholders of 1.223 billion CNY, which is a 45.82% increase year-on-year [2] - The company has distributed a total of 2.237 billion CNY in dividends since its A-share listing, with 1.438 billion CNY distributed over the past three years [3] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Desay SV increased by 20.92% to 59,000, while the average number of tradable shares per shareholder decreased by 17.30% to 9,374 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 7.8128 million shares, a decrease of 5.5106 million shares from the previous period, while Huatai-PB CSI 300 ETF increased its holdings by 372,000 shares to 5.0757 million shares [3] Group 4: Business Overview - Desay SV, established on July 24, 1986, and listed on December 26, 2017, specializes in the research, design, production, and sales of automotive electronic products [1] - The company's revenue composition includes 64.59% from smart cockpits, 28.32% from intelligent driving, and 7.09% from connected services and others [1]

Core Viewpoint - Desay SV's stock price has shown significant growth in 2023, with a year-to-date increase of 40.01% and a recent surge of 50.17% over the past 60 days, indicating strong market performance and investor interest [1][2]. Financial Performance - For the first half of 2025, Desay SV reported a revenue of 14.644 billion yuan, representing a year-on-year growth of 25.25%, and a net profit attributable to shareholders of 1.223 billion yuan, which is a 45.82% increase compared to the previous year [2]. - Cumulatively, since its A-share listing, Desay SV has distributed a total of 2.237 billion yuan in dividends, with 1.438 billion yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Desay SV increased to 59,000, up by 20.92%, while the average number of circulating shares per shareholder decreased by 17.30% to 9,374 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 7.8128 million shares, a decrease of 5.5106 million shares from the previous period, and Huatai-PineBridge CSI 300 ETF, which increased its holdings by 372,000 shares to 5.0757 million shares [3]. Business Overview - Desay SV, established on July 24, 1986, and listed on December 26, 2017, specializes in the research, design, production, and sales of automotive electronic products. Its main revenue sources are smart cockpits (64.59%), intelligent driving (28.32%), and connected services and others (7.09%) [1]. - The company operates within the software development sector, specifically in vertical application software, and is associated with concepts such as sensors, intelligent cockpits, and automotive electronics [1].

Core Viewpoint - Desay SV Automotive experienced a stock price decline of 2.00% on September 26, 2023, with a current price of 144.19 CNY per share and a market capitalization of 80.018 billion CNY [1] Financial Performance - For the first half of 2025, Desay SV reported a revenue of 14.644 billion CNY, representing a year-on-year growth of 25.25% [2] - The net profit attributable to shareholders for the same period was 1.223 billion CNY, showing a year-on-year increase of 45.82% [2] Stock and Shareholder Information - As of June 30, 2025, the number of shareholders increased by 20.92% to 59,000, while the average number of circulating shares per person decreased by 17.30% to 9,374 shares [2] - Since its A-share listing, Desay SV has distributed a total of 2.237 billion CNY in dividends, with 1.438 billion CNY distributed over the past three years [3] Market Activity - On September 26, 2023, the trading volume was 1.085 billion CNY, with a turnover rate of 1.34% [1] - The stock has seen a year-to-date increase of 32.39%, with a 7.38% rise over the last five trading days and a 41.89% increase over the last 60 days [1] Business Overview - Desay SV specializes in the research, design, production, and sales of automotive electronic products, with revenue composition as follows: 64.59% from smart cockpits, 28.32% from intelligent driving, and 7.09% from connected services and others [1] - The company is categorized under the software development industry, specifically in vertical application software, and is involved in sectors such as smart cockpits, sensors, millimeter-wave radar, and automotive electronics [1]

Core Viewpoint - Desay SV's stock price has shown significant growth this year, with a year-to-date increase of 23.77%, and a notable rise of 12.67% in the last five trading days [1] Group 1: Stock Performance - As of September 19, Desay SV's stock price was 134.80 CNY per share, with a market capitalization of 748.07 billion CNY [1] - The stock experienced a net outflow of 36.64 million CNY in principal funds, with large orders showing a buy of 120 million CNY and a sell of 142 million CNY [1] - The stock has increased by 31.99% over the past 60 days [1] Group 2: Financial Performance - For the first half of 2025, Desay SV reported a revenue of 14.644 billion CNY, representing a year-on-year growth of 25.25% [2] - The net profit attributable to shareholders for the same period was 1.223 billion CNY, reflecting a year-on-year increase of 45.82% [2] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders increased by 20.92% to 59,000, while the average circulating shares per person decreased by 17.30% to 9,374 shares [2] - Since its A-share listing, Desay SV has distributed a total of 2.237 billion CNY in dividends, with 1.438 billion CNY distributed over the last three years [3] - The eighth largest circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 5.51 million shares, while Huatai-PB CSI 300 ETF increased its holdings by 372,000 shares [3] Group 4: Business Overview - Desay SV, established on July 24, 1986, specializes in the research, design, production, and sales of automotive electronic products [1] - The company's revenue composition includes 64.59% from smart cockpits, 28.32% from intelligent driving, and 7.09% from connected services and others [1] - Desay SV is categorized under the software development industry, specifically in vertical application software, and is involved in sectors such as smart cockpits, sensors, automotive electronics, and millimeter-wave radar [1]

Core Viewpoint - Desay SV Automotive Electronics Co., Ltd. has shown significant stock performance and financial growth, indicating a strong position in the automotive electronics industry. Financial Performance - As of June 30, 2025, Desay SV achieved a revenue of 14.644 billion yuan, representing a year-on-year growth of 25.25% [2] - The net profit attributable to shareholders for the same period was 1.223 billion yuan, reflecting a year-on-year increase of 45.82% [2] Stock Performance - The stock price of Desay SV increased by 19.59% year-to-date, with a 7.64% rise over the last five trading days, 14.30% over the last 20 days, and 27.80% over the last 60 days [1] - As of September 16, the stock was trading at 130.25 yuan per share, with a market capitalization of 72.282 billion yuan [1] Shareholder Information - The number of shareholders increased by 20.92% to 59,000 as of June 30, 2025, while the average number of circulating shares per person decreased by 17.30% to 9,374 shares [2] - The company has distributed a total of 2.237 billion yuan in dividends since its A-share listing, with 1.438 billion yuan distributed in the last three years [3] Major Shareholders - As of June 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 7.8128 million shares, a decrease of 5.5106 million shares from the previous period [3] - Huatai-PB CSI 300 ETF was the tenth largest circulating shareholder, holding 5.0757 million shares, an increase of 372,000 shares from the previous period [3] Business Overview - Desay SV specializes in the research, design, production, and sales of automotive electronic products, with revenue composition of 64.59% from smart cockpits, 28.32% from intelligent driving, and 7.09% from connected services and others [1]

Core Viewpoint - Desay SV's strong performance in the first half of 2025, with significant revenue and profit growth, has attracted market attention, particularly regarding accounts receivable and cash flow issues in the automotive supply chain [1][5]. Financial Performance - In the first half of 2025, Desay SV reported revenue of 14.644 billion yuan, a year-on-year increase of 25.25% [1]. - The net profit attributable to shareholders reached 1.223 billion yuan, reflecting a growth of 45.82% year-on-year [3]. - The company's accounts receivable stood at 8.777 billion yuan, accounting for 40.53% of total assets, up from 6.751 billion yuan in the same period last year, indicating a 30.01% increase [1][5]. Business Segments - Desay SV's main business segments include "Smart Cockpit," "Smart Driving," and "Connected Services and Others," with corresponding revenues of 9.459 billion yuan, 4.147 billion yuan, and 1.038 billion yuan, showing year-on-year growth of 18.76%, 55.49%, and a decline of 2.11% respectively [3]. - The company maintained the top market share in the domestic auxiliary driving controller sector and secured new project orders from major automakers such as Changan, Geely, and SAIC Volkswagen [3]. International Expansion - Desay SV's overseas revenue reached 1.038 billion yuan, marking a year-on-year increase of 36.82% [3]. - The company has established production capacity in Europe, with operational facilities in Germany and a new factory in Spain expected to be completed by the end of 2025 [4]. Accounts Receivable and Payment Terms - Despite a slight decrease in accounts receivable from the beginning of the year, the year-on-year increase indicates ongoing cash flow challenges, with accounts receivable turnover days averaging 113.38 days in the first half of 2025 [5][6]. - The implementation of a new regulation mandating payment terms of 60 days for large enterprises has not yet significantly impacted Desay SV's cash flow situation [5][6]. Shareholder Activity - The second-largest shareholder, Huizhou Innovation Investment Co., Ltd., reduced its stake by 10.3128 million shares during the reporting period, realizing approximately 1.15 billion yuan from the sale [7][8]. - Following the initial reduction, the shareholder announced further plans to decrease its holdings by up to 16.4 million shares, which would lower its ownership from 24.63% to 22.90% [8].