JWIPC Technology 智微智能
36 significant filings since 1 Jun 2026: 20 on share issue, 3 on guarantee or financial assistance and 3 on equity incentive, and 6 other kinds. The latest, on 18 Sep 2026: 关于向特定对象发行股票的审核问询函的回复及募集说明书（申报稿）等申请文件更新的提示性公告. On 8 Jul 2026 the company said it expects net profit for the period ending 30 Jun 2026 to rise by 244.56% to 309.65% from the same period a year earlier.
自 1 Jun 2026 起有 36 份重大公告：share issue 20 份、guarantee or financial assistance 3 份、equity incentive 3 份，另有 6 类。最新一份（18 Sep 2026）：关于向特定对象发行股票的审核问询函的回复及募集说明书（申报稿）等申请文件更新的提示性公告。8 Jul 2026 公司预告截至 30 Jun 2026 的净利润较上年同期上升 244.56% 至 309.65%。
Price History 价格走势
125 trading days 个交易日 · High 最高 ¥105.32 · Low 最低 ¥44.79As of 25 Sep 2026 截至2026年9月25日
JWIPC Technology 智微智能 is a computer hardware company listed on the Shenzhen Stock Exchange since 15 Aug 2022. It reported revenue of RMB4.09bn in 2025, up 1.3% from 2024, with attributable net profit rising 36.8% to RMB170.9m. Profit quality is weak, as operating cash flow per share was -RMB2.68 in 2025, compared to RMB4.57 in 2024. The company's financial leverage is high, with liabilities at 72.7% of assets as of 30 Jun 2026. In the period to 30 Jun 2026, revenue was RMB3.05bn and attributable net profit was RMB388.5m, with operating cash flow per share at RMB2.95. The stock has appreciated 59.5% over the past year, trading at a P/E TTM of 54.4 and a price to book of 9.19x.
智微智能是一家计算机设备公司，于2022年8月15日在深圳证券交易所上市。2025年营业收入为40.87亿元，较2024年的40.34亿元同比上升1.3%；归母净利润为1.71亿元，同比上升36.8%。但利润质量偏弱，2025年每股经营现金流为-2.68元，低于2024年的4.57元。截至2026年6月30日，公司资产负债率为72.7%，负债水平较高。2026年上半年营业收入为30.50亿元，归母净利润为3.88亿元，每股经营现金流为2.95元。过去一年股价复权涨幅达59.5%，当前市盈率（TTM）为54.4，市净率为9.19倍。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Operating cash outflow 经营现金净流出 | The company generated an operating cash outflow in 2025. 公司2025年经营现金流为净流出。 | An operating cash outflow indicates the core business did not generate cash, which may strain liquidity and limit the ability to invest or service debt. In 2025, operating cash flow per share was -RMB2.68, compared to RMB4.57 in 2024. 经营现金流净流出表明主营业务未能产生现金，可能影响流动性，限制投资或偿债能力。2025年每股经营现金流为-2.68元，而2024年为4.57元。 |
| Liabilities at 70% of assets or more 资产负债率达70%或以上 | Liabilities are at 70% of assets or more. 负债占资产比例达70%或以上。 | A liabilities to assets ratio of 72.7% indicates high financial leverage, which increases solvency risk, especially if earnings or cash flows weaken. This level of leverage may constrain future borrowing capacity. 资产负债率72.7%表明财务杠杆较高，若盈利或现金流减弱，可能增加偿付风险，并限制未来的融资能力。 |
- Whether the full-year 2026 operating cash flow per share turns positive, after being negative in 2025.
2026全年每股经营现金流能否由负转正，此前2025年为负。 - The change in attributable net profit for full-year 2026, following the 281.9% rise in the first half.
在上半年归母净利润同比大增281.9%后，2026全年归母净利润的变动情况。 - The receivable days and inventory days as of 31 Dec 2026, compared to 43 and 319 days at mid-year.
截至2026年12月31日的应收账款周转天数和存货周转天数，较年中43天和319天的变化。 - The liabilities to assets ratio at year-end 2026, after being at 72.7% mid-year.
2026年末资产负债率，此前年中为72.7%。 - The net profit excluding non-recurring items for full-year 2026, after the 2025 rise of 18.4%.
2026全年扣除非经常性损益后的净利润变动，此前2025年同比上升18.4%。 - The market reaction to the full-year 2026 results, after a 59.5% one-year share price gain.
在股价过去一年上涨59.5%后，市场对公司2026全年业绩的反应。
- Company: JWIPC Technology 智微智能, Shenzhen Stock Exchange 001339; industry Computer Hardware; listed 15 Aug 2022.
公司：智微智能，深圳证券交易所 001339；行业：计算机设备；上市日期：2022年8月15日。 - Close on 24 Sep 2026 RMB76.18; close on 24 Sep 2025 RMB62.10, RMB47.76 in today's terms; one-year change, adjusted for distributions and share changes +59.5%.
2026年9月24日收盘价76.18元；2025年9月24日收盘价62.10元（前复权47.76元）；一年涨跌幅（复权）+59.5%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB36.35 to RMB105.32.
52周区间（前复权）36.35元至105.32元。 - In the last 12 months 8 trading days closed 9% or more above or below the day before (all days, not only this year). The 5 most recent of them: 17 Jun 2026 +10.0%; 18 Jun 2026 +10.0%; 24 Jun 2026 +10.0%; 17 Jul 2026 -10.0%; 4 Aug 2026 +10.0%. The longest run of them on consecutive trading days: 2 days.
近12个月共有8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6月17日 +10.0%；2026年6月18日 +10.0%；2026年6月24日 +10.0%；2026年7月17日 -10.0%；2026年8月4日 +10.0%。其中最长连续2个交易日。 - Market capitalisation RMB24.91bn; P/E TTM 54.4; price to book 9.19x.
总市值249.13亿元；市盈率（TTM）54.4；市净率9.19倍。 - Revenue 2025 RMB4.09bn; 2024 RMB4.03bn; change +1.3%.
营业收入2025年40.87亿元；2024年40.34亿元；同比+1.3%。 - Attributable net profit 2025 RMB170.9m; 2024 RMB124.9m; change +36.8%.
归属于母公司股东的净利润2025年1.71亿元；2024年1.25亿元；同比+36.8%。 - Net profit excluding non-recurring items, 2025 change +18.4%.
2025年扣除非经常性损益后的净利润同比+18.4%。 - Basic EPS 2025 RMB0.68; 2024 RMB0.50.
基本每股收益2025年0.68元；2024年0.50元。 - Operating cash flow per share 2025 -RMB2.68; 2024 RMB4.57; operating cash flow to net profit -2.48x.
每股经营现金流2025年-2.68元；2024年4.57元；经营现金流与净利润之比-2.48倍。 - 2025 gross margin 20.1%; net margin 6.7%; ROE 7.9%.
2025年毛利率20.1%；净利率6.7%；净资产收益率7.9%。 - At 30 Jun 2026: liabilities to assets 72.7%; current ratio 1.43; quick ratio 0.78; receivable days 43; inventory days 319.
截至2026年6月30日：资产负债率72.7%；流动比率1.43；速动比率0.78；应收账款周转天数43；存货周转天数319。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB3.05bn, change +56.6%; attributable net profit RMB388.5m, change +281.9%; operating cash flow per share RMB2.95.
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30.50亿元，同比+56.6%；归母净利润3.88亿元，同比+281.9%；每股经营现金流2.95元。 - Pre-announcement of 8 Jul 2026 for the period to 30 Jun 2026: attributable net profit change +245% to +310%.
2026年7月8日发布的截至2026年6月30日业绩预告：归母净利润同比+245%至+310%。 - Ownership: actual controller 袁微微,郭旭辉; largest holder at 30 Jun 2026: 袁微微, 39.56%.
股权：实际控制人：袁微微,郭旭辉；2026年6月30日第一大股东：袁微微，持股39.56%。 - Latest distribution: ex-date 29 Jun 2026, cash RMB0.03 per share and 3 new shares for every 10 held.
最近一次分配：除权除息日2026年6月29日，每股现金0.03元，每10股送转3股。 - Aurelian Grade B, score 72.2 of 100, graded within a peer group of 89 companies in its industry; no rank among peers is given.
金源评级B，得分72.2（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。