Mid-year earnings disclosure has entered its peak period!
On the evening of August 25, multiple bull stocks including Great Wall Military Industry, Taotao Auto, T&S Communications, Dayuan Pumps, Staidson, Huatong Cable, and Truking disclosed their mid-year performance results.
Additionally, industry leaders across various sectors such as Guide Infrared, Sungrow, Luxshare Precision, ACM Research, NARI Radar, Wer Advanced Materials, Innolight, and ASYMCHEM also released their first-half performance results. Among them, Guide Infrared saw its net profit surge over 900% year-over-year in the first half.
Multiple Bull Stocks Disclose Semi-Annual Reports
Great Wall Military Industry disclosed its semi-annual report on the evening of the 25th. The company achieved operating revenue of 699 million yuan in the first half, up 29.55% year-over-year, with a net loss attributable to shareholders of 27.4 million yuan, compared to a loss of 39.63 million yuan in the same period last year. During the reporting period, the company's main product structure changed and sales scale increased, with military product revenue growing 33.07% year-over-year, and comprehensive gross margin improving by 2.71 percentage points compared to the same period last year. In the secondary market, Great Wall Military Industry's stock price has surged 428% since the beginning of the year.
Taotao Auto released its semi-annual report, achieving operating revenue of 1.713 billion yuan in the first half, up 23.19% year-over-year. Among this, intelligent electric low-speed vehicle sales revenue reached 1.152 billion yuan, up 30.65% year-over-year; special vehicle sales revenue was 490 million yuan, up 8.22% year-over-year. In the first half, the company's net profit attributable to shareholders was 342 million yuan, up 88.04% year-over-year. The company plans to distribute cash dividends of 15 yuan per 10 shares (including tax). During the reporting period, the company optimized resource allocation, expanded market space, and achieved good growth in operating performance. Meanwhile, the company initiated deployment in cutting-edge fields such as humanoid robots and autonomous driving, aiming to use "AI + scenario" integration as a breakthrough to promote intelligent upgrades across all product lines and cultivate long-term growth momentum. In terms of stock price, Taotao Auto has risen nearly 200% since the beginning of the year.
T&S Communications announced that the company achieved operating revenue of 2.456 billion yuan in the first half, up 57.84% year-over-year; net profit attributable to shareholders was 899 million yuan, up 37.46% year-over-year. During the reporting period, the artificial intelligence industry accelerated development, and global data center construction drove sustained and stable growth in demand for high-speed optical device products, which in turn drove revenue growth for the company's active and passive product lines. In terms of stock price, T&S Communications has risen nearly 100% since the beginning of the year.
Dayuan Pumps announced that the company's operating revenue in the first half was 965 million yuan, up 14.55% year-over-year; net profit attributable to shareholders was 101 million yuan, down 27.99% year-over-year. The company plans to distribute cash dividends of 5 yuan per 10 shares (including tax) to all shareholders. The company's net profit decreased compared to the same period last year, mainly because the disposal of factory buildings in Danyan Industrial Zone, Zeguo Town, Wenling City in the same period last year generated relatively large asset disposal gains, while there was no such disposal in the current period. In the secondary market, Dayuan Pumps' stock price has risen nearly 150% since the beginning of the year.
Staidson announced that the company's operating revenue in the first half was 126 million yuan, down 31.14% year-over-year; net loss attributable to shareholders was 24.6356 million yuan, compared to a loss of 3.423 million yuan in the same period last year. During the reporting period, affected by external environment and industry policy factors, sales revenue of the company's main products declined. At the same time, based on overall layout of future R&D projects and company development strategy considerations, multiple indications corresponding to several of the company's research projects are continuously advancing clinical trials; some preclinical research projects in the company's R&D pipeline continue to advance; R&D investment in the reporting period was 65 million yuan, down 15.76% compared to the same period last year. Based on the above reasons, the company's performance continues to be under pressure, with negative net profit in the reporting period. In terms of stock price, Staidson has risen over 700% since the beginning of the year.
Kingfa Science & Technology announced that in the first half, the company achieved operating revenue of 31.636 billion yuan, up 35.5% year-over-year; net profit attributable to shareholders was 585 million yuan, up 54.12% year-over-year. During the reporting period, the company increased new product development efforts, continuously optimized modified plastic product structure, steadily increased market share, and achieved steady growth in sales volume and gross profit in automotive, electronic and electrical, new energy and other industries; at the same time, the company accelerated global deployment, with overseas business scale growing rapidly. In the secondary market, Kingfa Science & Technology has risen 94% since the beginning of the year.
Inner Mongolia First Machinery announced that in the first half, the company achieved operating revenue of 5.727 billion yuan, up 19.62% year-over-year; net profit attributable to shareholders was 290 million yuan, up 9.99% year-over-year. In terms of stock price, Inner Mongolia First Machinery has risen over 200% since the beginning of the year.
Huatong Cable announced that in the first half, the company achieved operating revenue of 3.425 billion yuan, up 12.95% year-over-year; net profit attributable to shareholders was 138 million yuan, down 29.3% year-over-year. In the secondary market, Huatong Cable's stock price has risen 93% since the beginning of the year.
Truking announced that the company achieved operating revenue of 1.306 billion yuan in the first half, down 24.42% year-over-year; net profit attributable to shareholders was 78.8059 million yuan, up 2262.83% year-over-year. Non-recurring net loss was 13.4026 million yuan, compared to a profit of 3.3352 million yuan in the same period last year. In terms of stock price, Truking has risen nearly 100% since the beginning of the year.
Multiple Industry Leaders Release Performance Results
Infrared thermal imaging industry leader Guide Infrared announced that in the first half, the company achieved operating revenue of 1.934 billion yuan, up 68.24% year-over-year; net profit attributable to shareholders was 181 million yuan, up 906.85% year-over-year. During the reporting period, previously delayed model project products resumed delivery, complete equipment system general export product contracts signed with a certain trading company completed foreign acceptance and delivery, and the company vigorously expanded civilian markets, with rapid release of demand for infrared chip application business, resulting in significant growth in operating revenue, and profit growth synchronized with sales scale growth. In terms of stock price, Guide Infrared has risen over 73% since the beginning of the year.
Optical module leader Innolight announced that the company achieved operating revenue of 10.437 billion yuan in the first half, up 282.64% year-over-year; net profit attributable to listed company shareholders was 3.942 billion yuan, up 355.68% year-over-year. During the reporting period, the company benefited from data center computing power investment development, with revenue significantly increasing compared to the same period last year. In terms of stock price, Innolight has surged over 260% since the beginning of the year.
Solar inverter industry leader Sungrow disclosed its semi-annual report on the evening of the 25th. The company achieved operating revenue of 43.533 billion yuan in the first half, up 40.34% year-over-year; net profit attributable to shareholders reached 7.735 billion yuan, up 55.97% year-over-year. The company plans to distribute cash dividends of 9.50 yuan per 10 shares (including tax) to all shareholders.
At the same time, Sungrow announced that the company held the 18th meeting of the fifth board of directors on August 25, reviewing and approving related proposals for the company's planned issuance of H shares and listing on the Hong Kong Stock Exchange. According to the announcement, to deepen the company's global strategic deployment, enhance the company's international brand image, create diversified financing channels for the company, and further enhance the company's core competitiveness, the company plans to issue overseas-listed foreign shares (H shares) and apply for listing on the main board of the Hong Kong Stock Exchange.
On the evening of the 25th, domestic full-polarization active phased array radar leader NARI Radar also disclosed its semi-annual report. The company achieved operating revenue of 155 million yuan in the first half, up 112.84% year-over-year. Net profit attributable to shareholders was 56.9466 million yuan, up 866.97% year-over-year. The company plans to distribute cash dividends of 0.5 yuan per 10 shares (including tax) to all shareholders. The company's net profit growth was mainly due to: 1) The company's newly signed phased array water conservancy rain measurement radar contract amount increased significantly; existing phased array weather radar orders accelerated revenue recognition, promoting significant growth in operating revenue and significantly improving profitability; 2) Faster collection of receivables reduced bad debt provision accrual.
Consumer electronics connector leader Luxshare Precision announced that in the first half, the company achieved operating revenue of 124.503 billion yuan, up 20.18% year-over-year. Net profit attributable to shareholders was 6.644 billion yuan, up 23.13% year-over-year. Luxshare Precision stated that during the reporting period, the company precisely grasped the historic opportunity of AI computing power infrastructure construction, leveraging its deep technical foundation in the data center field to provide customers with integrated solutions from high-speed copper cable connections (DAC/ACC, etc.), high-speed backplane connectors to high-speed optical modules, and then to server power supplies and thermal management systems - a "copper, optical, electrical, thermal" integrated solution. Currently, the company's market share among global leading cloud service providers (CSP) and AI server customers continues to increase, with multiple high-speed, high-value-added products achieving mass delivery.
Domestic CMP polishing liquid leader ACM Research announced that in the first half, the company achieved operating revenue of 1.141 billion yuan, up 43.17% year-over-year. Among this, chemical mechanical polishing liquid grew 38.23% year-over-year, and functional wet electronic chemicals grew 75.69% year-over-year. The company's net profit attributable to shareholders in the first half was 376 million yuan, up 60.53% year-over-year; basic earnings per share was 2.24 yuan, up 60% year-over-year.
High-speed copper cable manufacturing leader Wer Advanced Materials announced that in the first half, the company achieved operating revenue of 3.945 billion yuan, up 27.46% year-over-year; net profit attributable to shareholders was 558 million yuan, up 33.06% year-over-year. During the reporting period, all major business segments of the company achieved varying degrees of growth, with communication cable business growing most significantly and new energy vehicle product business also achieving relatively high growth, with the company's overall operating performance maintaining steady growth momentum.
Small molecule CDMO (Contract Development and Manufacturing Organization) leader ASYMCHEM announced that in the first half, the company achieved operating revenue of 3.188 billion yuan, up 18.20% year-over-year; net profit attributable to shareholders was 617 million yuan, up 23.71% year-over-year. ASYMCHEM stated that as of the report disclosure date, excluding revenue already recognized in this reporting period, the company's order backlog totaled $1.088 billion, laying a solid foundation for achieving continued growth in full-year performance.
Additionally, Inovance Technology announced that first-half operating revenue was 20.509 billion yuan, up 26.73% year-over-year; net profit attributable to listed company shareholders was 2.968 billion yuan, up 40.15% year-over-year. The company plans not to distribute cash dividends, bonus shares, or convert capital reserves to share capital in this reporting period.
Lens Technology announced that first-half operating revenue was 32.96 billion yuan, up 14.18% year-over-year; net profit attributable to listed company shareholders was 1.143 billion yuan, up 32.68% year-over-year. The company plans to distribute cash dividends of 1.00 yuan per 10 shares (including tax).