Guangdong AVCiT Technology Holding 魅视科技
4 significant filings since 30 May 2026: 1 on earnings pre-announcement, 1 on change of interest and 1 on major holder selling, and 1 other kind. The latest, on 14 Jul 2026: 2026年半年度业绩预告. On 14 Jul 2026 the company said it expects net profit for the period ending 30 Jun 2026 to fall by 71.17% to 77.98% from the same period a year earlier.
自 30 May 2026 起有 4 份重大公告：earnings pre-announcement 1 份、change of interest 1 份、major holder selling 1 份，另有 1 类。最新一份（14 Jul 2026）：2026年半年度业绩预告。14 Jul 2026 公司预告截至 30 Jun 2026 的净利润较上年同期下降 71.17% 至 77.98%。
Price History 价格走势
1 session 个交易日, Thu 24 Sep 2026 · Live one-minute prices · High 最高 ¥39.95 · Low 最低 ¥38.68 · −1.20% on the previous close of ¥39.15As of 25 Sep 2026 截至2026年9月25日
Guangdong AVCiT Technology Holding 魅视科技 is a computer hardware company listed on the Shenzhen Stock Exchange since 8 Aug 2022. It reported revenue growth of 16.6% in 2025 to RMB229.4m, but attributable net profit fell by 13.2% to RMB69.5m. Profit quality was strong, with operating cash flow at 1.72x net profit. As of 30 Jun 2026, the company had a healthy balance sheet with a current ratio of 6.06 and liabilities to assets at 9.8%. However, the first half of 2026 saw a sharp decline in profitability, with attributable net profit down 78.0% year-on-year to RMB4.2m, as pre-announced in July 2026. The stock has been volatile, with 18 trading days of 9% or more daily movement in the past year, including five recent 10.0% up-days. The actual controller and largest shareholder is 方华, holding 33.01% as of mid-2026.
魅视科技是一家计算机设备公司，于2022年8月8日在深圳证券交易所上市。2025年营业收入同比增长16.6%至2.29亿元，但归属于母公司股东的净利润同比下降13.2%至6,947.8万元。盈利质量良好，经营现金流与净利润之比达1.72倍。截至2026年6月30日，公司资产负债率为9.8%，流动比率6.06，财务结构稳健。然而，2026年上半年归母净利润同比大幅下降78.0%至420.6万元，已在2026年7月14日业绩预告中披露。过去12个月共有18个交易日涨跌幅达9%及以上，包括最近多次10.0%的上涨。实际控制人及第一大股东为方华，截至2026年6月30日持股33.01%。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Pre-announced profit fall of more than 50% 预告净利润降幅超过50% | The company pre-announced a profit decline of more than 50%. 公司业绩预告显示净利润同比下降超50%。 | A sharp drop in net profit may signal weakening earnings power or rising costs. Although the company generated strong operating cash flow in 2025, the 78.0% year-on-year decline in first-half 2026 profit raises concerns about sustainability. 净利润大幅下滑可能反映盈利能力减弱或成本上升。尽管2025年经营现金流良好，但2026年上半年利润同比大幅下降78.0%，引发对盈利持续性的担忧。 |
- Attributable net profit for the full year 2026
2026年全年归属于母公司股东的净利润 - Operating cash flow per share for the period to 30 Jun 2026
截至2026年6月30日的每股经营现金流 - Revenue growth in the second half of 2026 compared to the first half
2026年下半年收入增长与上半年的比较 - Changes in the shareholding of actual controller 方华
实际控制人方华的持股变动 - The company's gross margin in the 2026 full-year report
2026年全年报告中的毛利率 - Number of trading days with 9% or more daily price movement in the next 12 months
未来12个月涨跌幅达9%及以上的交易日数量
- Company: Guangdong AVCiT Technology Holding 魅视科技, Shenzhen Stock Exchange 001229; industry Computer Hardware; listed 8 Aug 2022.
公司：魅视科技，深圳证券交易所 001229；行业：计算机设备；上市日期：2022年8月8日。 - Close on 24 Sep 2026 RMB38.68; close on 24 Sep 2025 RMB32.12, RMB22.76 in today's terms; one-year change, adjusted for distributions and share changes +69.9%.
2026年9月24日收盘价38.68元；2025年9月24日收盘价32.12元（前复权22.76元）；一年涨跌幅（复权）+69.9%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB22.25 to RMB50.19.
52周区间（前复权）22.25元至50.19元。 - In the last 12 months 18 trading days closed 9% or more above or below the day before (all days, not only this year). The 5 most recent of them: 5 Aug 2026 +10.0%; 17 Aug 2026 +10.0%; 18 Aug 2026 +10.0%; 7 Sep 2026 +10.0%; 18 Sep 2026 +10.0%. The longest run of them on consecutive trading days: 3 days.
近12个月共有18个交易日收盘涨跌幅达9%及以上（为全部交易日，不限于今年）。其中最近5个：2026年8月5日 +10.0%；2026年8月17日 +10.0%；2026年8月18日 +10.0%；2026年9月7日 +10.0%；2026年9月18日 +10.0%。其中最长连续3个交易日。 - Market capitalisation RMB5.55bn; P/E TTM 101.6; price to book 5.55x.
总市值55.48亿元；市盈率（TTM）101.6；市净率5.55倍。 - Revenue 2025 RMB229.4m; 2024 RMB196.8m; change +16.6%.
营业收入2025年2.29亿元；2024年1.97亿元；同比+16.6%。 - Attributable net profit 2025 RMB69.5m; 2024 RMB80.0m; change -13.2%.
归属于母公司股东的净利润2025年6,947.8万元；2024年8,001.0万元；同比-13.2%。 - Net profit excluding non-recurring items, 2025 change -10.9%.
2025年扣除非经常性损益后的净利润同比-10.9%。 - Basic EPS 2025 RMB0.69; 2024 RMB0.80.
基本每股收益2025年0.69元；2024年0.80元。 - Operating cash flow per share 2025 RMB1.16; 2024 RMB0.75; operating cash flow to net profit 1.72x.
每股经营现金流2025年1.16元；2024年0.75元；经营现金流与净利润之比1.72倍。 - 2025 gross margin 66.5%; net margin 30.2%; ROE 7.0%.
2025年毛利率66.5%；净利率30.2%；净资产收益率7.0%。 - At 30 Jun 2026: liabilities to assets 9.8%; current ratio 6.06; quick ratio 5.76; receivable days 142; inventory days 97.
截至2026年6月30日：资产负债率9.8%；流动比率6.06；速动比率5.76；应收账款周转天数142；存货周转天数97。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB105.3m, change +48.9%; attributable net profit RMB4.2m, change -78.0%; operating cash flow per share RMB0.05.
截至2026年6月30日的报告期（六个月，不可与上述全年数据直接比较）：营业收入1.05亿元，同比+48.9%；归母净利润420.6万元，同比-78.0%；每股经营现金流0.05元。 - Pre-announcement of 14 Jul 2026 for the period to 30 Jun 2026: attributable net profit change -78% to -71%.
2026年7月14日发布的截至2026年6月30日业绩预告：归母净利润同比-78%至-71%。 - Ownership: actual controller 方华; largest holder at 30 Jun 2026: 方华, 33.01%.
股权：实际控制人：方华；2026年6月30日第一大股东：方华，持股33.01%。 - Latest distribution: ex-date 9 Jun 2026, cash RMB0.30 per share and 4 new shares for every 10 held.
最近一次分配：除权除息日2026年6月9日，每股现金0.30元，每10股送转4股。 - Aurelian Grade C, score 69.9 of 100, graded within a peer group of 89 companies in its industry; no rank among peers is given.
金源评级C，得分69.9（满分100），于行业同业89家中评定；未提供其在同业中的排名。 - Not held for this report: receivable ageing, litigation case amounts, the order book, the auditor's opinion and key audit matters, segment revenue.
本报告未掌握：应收账款账龄、诉讼案件金额、在手订单、审计意见及关键审计事项、分部收入。