据证券之星公开数据整理，近期中科海讯（300810）发布2025年中报。截至本报告期末，公司营业总收 入9596.68万元，同比下降9.61%，归母净利润-6467.71万元，同比下降12.09%。按单季度数据看，第二 季度营业总收入4913.5万元，同比下降12.7%，第二季度归母净利润-3944.77万元，同比上升10.31%。本 报告期中科海讯公司应收账款体量较大，当期应收账款占最新年报营业总收入比达162.84%。 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22.13%，同比减46.45%，净利 率-67.73%，同比减24.04%，销售费用、管理费用、财务费用总计2725.25万元，三费占营收比28.4%， 同比增16.46%，每股净资产6.37元，同比减4.33%，每股经营性现金流-0.61元，同比减16.1%，每股收 益-0.55元，同比减12.58% 证券之星价投圈财报分析工具显示： 业务评价：去年的净利率为-10.63%，算上全部成本后，公司产品或服务的附加值不高。从历史年报数 据统计来看，公司上市以来中位数ROIC为1.83%，投资回报一般，其中最惨年份2023年的ROIC 为 ...

公告编号：2025-072 | | □特定对象调研□分析师会议 | | --- | --- | | | □媒体采访□业绩说明会 | | 投资者关系活 | | | 动类别 | □新闻发布会□路演活动 | | | □现场参观 | | | ☑其他产品交流会 | | 参与单位名称 及人员姓名 | | | | 招商证券战泳壮 农银汇理基金高晗 | | | 金科投资张诚 | | | 大牛投资王战勇 | | | 中航证券向正富 | | | 同花顺财经史丰瑞 | | | 中邮证券王煜童 | | | 中和资本冯奕健 | | | 民生证券孔厚融 | | | 东北证券黄泽等 | | 时间 | 2025 年 6 月 26 日下午 14:00-16:00 | | 地点 | 中关村环保园创中心 | | | 董事长（代行董事会秘书职责）：张秋生 | | 上市公司接待 | 副总经理：李进佳 | | 人员姓名 | 副总经理：巩玉振 | | | 控股子公司北京中科海讯微系统技术有限公司总经理：李红兵 | 证券代码:300810 证券简称:中科海讯 北京中科海讯数字科技股份有限公司 投资者关系活动记录表 公司所处行业为特种电子信息行业，产品主要应 ...

Group 1: Company Overview - The company focuses on the research, production, and sales of sonar equipment in the national special electronic information industry [2][3] - Key products include signal processing platforms, sonar systems, underwater big data, simulation training systems, unmanned detection systems, and data computing centers [3] Group 2: Signal Processing Platform - The signal processing platform is the main information processing unit for sonar equipment, enabling real-time digital signal processing, multi-channel signal acquisition, and data communication [4] - Main customers include national special departments and large state-owned enterprises, with a focus on supporting sales to research institutions [5] Group 3: Market Trends and Development - The company anticipates a new round of development opportunities due to increased national defense investment and the growing demand for domestic products [6] - The order volume for the third-generation domestic underwater signal processing platform is steadily increasing, with significant revenue growth expected in 2024 compared to the previous year [6][7] Group 4: Competitive Advantages - The company has established long-term stable relationships with quality customers and possesses comprehensive industry qualifications and technical expertise [8] - Strong engineering design capabilities and experience allow the company to meet high reliability and compatibility requirements in harsh environments [8] Group 5: Simulation Training Systems - The sonar simulation technology is used for real-time or non-real-time simulation of sonar systems and underwater applications, primarily for training, decision-making support, and scenario simulation [9] - The company has developed a series of simulation training products, including a simulation evaluation platform and a simulation deduction system, which have been delivered [10] Group 6: Future Planning - The company plans to leverage its leading advantages in sonar equipment to expand applications in the deep-sea technology sector, which has been identified as a strategic emerging industry [11] - Collaboration with large domestic groups in technology, research, and services is planned to promote mutual development in the sonar equipment field [11]