公司点评 | 美图公司25H1业绩点评:AI驱动产品创新,付费率进一步提升【华安全球科技】

摩尔盛宴
5 hours ago

【华安全球科技团队】金荣/来祚豪/刘京松/赵亮/杨函璋/赵浦轩/刘政主要观点25H1业绩1)整体业绩:2025年上半年总收入18.21亿元,同比增长12.3%。经调整归母净利润4.67亿元,同比增长71.3%。毛利率录得73.6%,同比提升8.7个百分点,盈利能力显著增强。2)分业务看:影像与设计产品业务收入13.51亿元,同比增长45.2%,占总收入比重提升至74.2%;广告业务收入4.34亿元...

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