您的浏览器禁用了JavaScript(一种计算机语言,用以实现您与网页的交互),请解除该禁用,或者联系我们。[港股财报]:世茂服务2025中期报告 - 发现报告

世茂服务2025中期报告

2025-09-25港股财报ζ***
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世茂服务2025中期报告

249253334363839 1617 89383820 5526 Harneys Fiduciary (Cayman) Limited4th Floor, Harbour Place103 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands www.shimaofuwu.com 873 4th Floor, Harbour Place103 South Church StreetP.O. Box 10240Grand Cayman KY1-1002Cayman Islands ir@shimaowy.com(86) 21 3861 1216 20256 30 2025 20257 14 20253,619.8709.019.6%222.3343.4 2025 2025958.454.6%40.1126.6% 2025 20252,812.31.9% 2025202538.4%96.6% 20259.4% AIoT 2025 AIS AI 2025AAA2025 2025 20258 27 (1)(2)(3)(4) 20256 301231,466222.3343.4 20256 3020246 30 20256 3020246 30 20256 303,619.8709.019.6% 20256 3020246 30 •77.7%79.4%2025 20256302,812.320242,761.01.9%(1)(2)(3) 20256 30562.72024553.11.7%20.0%202420.0%(1)(2)(3) • 20252024 20256 30222.32024246.910.0%343.42024332.63.2% 20256 30160.12024185.613.7%72.0%202475.2%3.2268.02024256.84.4%78.0%202477.2%0.8 20256 3020246 30 20256 3085.42024102.416.6%38.4%202441.5%3.1147.82024140.85.0%43.0%202442.3%0.7(1)(2) 20256 3086.0% 20256 3020246 30 20256 3011.1202417.536.6%11.1202417.536.6%(1)(2) 20256 3020246 30 • 202520256 30958.42024620.154.6%40.1202417.7126.6%3.720249.862.2% 33.420249.9237.4%83.3%202455.9%27.4(1)(2) 20256 3020246 30 20256 3020246 30 •14.9%16.4% 20256 30538.92024586.78.1%116.62024158.226.3%21.6%202427.0%5.4(1)(2) 202515 20256 3020246 30 • 2025123.42024113.78.5%(1)(2) • 20254.0202447.391.5%(1)(2) • 2025113.62024125.69.6%(1)(2) • 202538.6202438.6(1)(2) • 2025154.02024175.812.4% • 2025105.3202485.722.9%(1)(2) •1.7%1.3%20256 3061.2202480.924.4% •5.7%2.9%2025630207.42024603.265.6%2024960%20249 24202411 8 20216 28 3%70,919,19020256 30 20256 3034,592202444,01121.4%1,517.720241,815.316.4%(1)(2)(3) 202010 305,917.45,126 202110 19Morgan Stanley & Co. International plcBest CosmosLimitedBest Cosmos202115.18115,000,000Best CosmosBest Cosmos1.15202116.821,934.315.09202110 222021202111 2Best Cosmos115,000,000 1,73520211020202111 2 1,7351,426 20251 333%83,159,000138,703,000202513 67%20251 20256 19 240,000,000237,600,0002,400,00020256 1920257 (1)(2)(3)(4)(5) 2025 AI 3,619.820244,031.810.2%(i)(ii)(iii)(iv)(i)2,812.377.7%20242,761.01.9%(ii)538.914.9%2024586.78.1%(iii)61.21.7%202480.924.4%(iv)207.45.7%2024603.265.6% 2,910.820243,220.39.6%(1)(2)(3)2024712 709.02024811.512.6%19.6%202420.1%0.520.0%21.6%15.0%9.9%202420.0%27.0%16.9%14.3% 20.0%202420.0% 21.6%202427.0%5.4 15.0%202416.9%1.9 9.9%202414.3%4.4 56.3202459.65.5%1.6%20241.5% 339.82024418.918.9%9.4%202410.4%1.0(1)(2) 40.22024252.084.0%1.1%20246.3%5.2 2.120242.9 29.52024262.0232.588.7% 7.3202451.285.7% 16.5%20251 1630 25% 22.32024210.889.4%8.52024184.095.4% 0.6%20245.2%4.6 (i)228.9(ii)0.5(iii)50.3(iv)0.3(v)34.7(vi)12.6(vii)74.7261.02024294.411.3% 20256 30501.0202412 31355.940.8% 20256 302,154.2202412 312,101.22.5%(i)1,273.0(ii)420.3(iii)460.8 20256 301,273.0 20256 3034.7 20256 303,635.3202412 313,378.37.6%3.5% (1)(2)(3)(4) (1)(2) 20256 301,996.7202412 311,412.341.4% 20256 309,819.1202412 319,648.91.8%4,807.4202412 313,764.227.7% 20256 304,551.51.86202412 314,880.9 20256 30237.6 4820206 12001200426571XVBest Cosmos Limited20246 4720244 26200124 81202010 13199820052009198219851988199810020121020211220162202410202410196671980200019884198912 62202010 131996820171020173201811984719896 6820228 2419824220051120134 13.51B(1)2024 13.51B(1) 20216 283%70,919,190 3% 20256 30 1.60%640%182.652.29 2.60%1240%241.741.68 7,542,5510.32%63,376,6392.57%28 20256 30XV352C3 224,85222,000 201112 302011 1.119,493 2.2011 3.20117,984 XV 20256 30 20256 30336 1.(i) 1,440,486,179Best CosmosGemfair53.87%(ii) 1,290,412Best Cosmos20215 320212.30%Gemfair20066 12Gemfair3.(i) 31,934,159Gemfair(ii) 1,440,486,179Gemfair(iii) 1,290,412BestCosmos20214.(i) 10,856,342(ii) 31,934,159Gemfair(iii)1,440,486,179Gemfair(iv) 1,290,412Best Cosmos2021 C1A.2.1 20256 30 C320256 30 20256 30C1 F.1.320256 10 20256 30 20256 3020246 30 (www.shimaofuwu.com)(www.hkexnews.hk)(i)(ii)873-ecom@vistra.com1617 20256 30 20256 30 20256 30 20256 30 20256 30 20256 30 1. 201912 34thFloor, Harbour Place, 103 South Church Street, P.O. Box. 10240,Grand Cayman KY1-1002, Cayman Islands89383820202010 30 Best Cosmos LimitedBest Cosmos20067 5Gemfair Investments Limited 2. 34 202412 31 3. 20251 1 20256 30202412 3120251 121 20256 30 3. 9797181910285 120261 1220271 13451820271 1 4. 34 202412 31 5. 5.1 202412 31 5.2 20256 30202412 31 20256 30 5. 5.3 (i) (ii) 1123 33 20256 30 6. 8202520246 30 20256 30202412 31 6. 20256 30 7. 20256 303.67%20246 302.90%202520246 3010% 8. 20256 30 9. 10. 11. 12. 20256 30 13. (a) (b) (c) 16.5%202520246 30 (d) 202520246 3025% 202520246 3015% 25%202425% (e) 20081 120081 110%5% 10% 20256 30 14. 20256 30 20256 30 20256 30202412 31 20256 30 20256 30 16. 20256 30202412 31 20256 30 17. 20256 30 17. 20256 307%+33%20256 3020256 3034,742,00020246 30 18. 20256 30 19. 3090202412 313