中证智能财讯南天信息（000948）1月29日晚间披露2025年度业绩预告，预计2025年归母净利润3500万元至5200万元，同比下降55.03%-69.73%；扣非净利润 预计2700万元-4000万元，同比下降60.37%-73.25%；基本每股收益0.0893元/股-0.1326元/股。以1月29日收盘价计算，南天信息目前市盈率（TTM）约为 128.21倍-190.49倍，市净率（LF）约2.48倍，市销率（TTM）约0.62倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况 (倍) 700 @600 500 400 300 200 100 42o18 47d5 43억 d 42d4 18-07 30.7 0 2020-12-37 1 2027-12-37 30 `-30 -37 2n- 公司 -{○- 行业均值 公司 -○- 行业均值 制图数据来自恒生聚源数据库 100 ହ 90 80 70 65g96 60 50 40 3745 35x79 30 26.4 25.79 20 10953 10 0 2020-12-37 2021-12-37 -12-37 ...

Core Viewpoint - The company, Zhuhai Smart Fashion (603196), forecasts a net profit of 14 million to 21 million yuan for 2025, a significant recovery from a loss of 159 million yuan in the previous year, indicating a potential turnaround in financial performance [4]. Financial Performance - The expected net profit for 2025 is between 14 million and 21 million yuan, compared to a loss of 159 million yuan in the same period last year [4]. - The forecasted non-recurring net profit is a loss of 20 million to 30 million yuan, down from a loss of 166 million yuan in the previous year [4]. - As of January 29, the company's price-to-earnings ratio (TTM) is approximately 323.66 to 485.49 times, with a price-to-book ratio (LF) of about 10 times and a price-to-sales ratio (TTM) of approximately 8.28 times [4]. Business Operations - The company focuses on the design, production, and sales of clothing and accessories [13]. - Key factors contributing to the performance improvement include: 1. Optimization of product matrix and channel value, leading to a 3.6 percentage point increase in gross profit margin [13]. 2. Implementation of cost reduction and efficiency enhancement measures, resulting in a 15.37% decrease in period expenses [13]. 3. Enhanced inventory turnover efficiency through dynamic monitoring, reducing inventory impairment losses by 62.16% [13]. Non-Operating Gains - The company transferred 100% equity of its wholly-owned subsidiary, Shanghai Ribo Zhisheng Industrial Co., Ltd., to Shanghai Ribo Investment Holdings Co., Ltd., generating a transfer gain of approximately 35.04 million yuan [13]. - This transaction is aimed at allowing the company to focus on its core business and alleviate fixed asset investment pressure [13]. Other Impacts - The company plans to recognize an impairment of approximately 10 million yuan on investment properties due to signs of impairment influenced by the overall real estate market conditions [14].

Core Viewpoint - The company, Shiyong Zhaoye (002016), has announced its earnings forecast for 2025, projecting a significant increase in net profit and non-recurring net profit compared to the previous year, driven by increased revenue from real estate and investment gains [4][12]. Financial Performance - The forecasted net profit for 2025 is expected to be between 126 million yuan and 186 million yuan, representing a year-on-year growth of 236.77% to 397.13% [4]. - The projected non-recurring net profit is estimated to be between 122 million yuan and 182 million yuan, with a year-on-year increase of 244.51% to 413.7% [4]. - The basic earnings per share are anticipated to be between 0.1557 yuan and 0.2299 yuan [4]. Valuation Metrics - As of January 29, the company's price-to-earnings (P/E) ratio (TTM) is approximately between 27.54 and 40.65 [4]. - The price-to-book (P/B) ratio (LF) is around 1.05, and the price-to-sales (P/S) ratio (TTM) is about 3.53 [4]. Historical Performance - The historical net profit and non-recurring net profit figures indicate a significant increase in profitability over the years, with the projected non-recurring net profit for 2025 showing a substantial rise compared to previous years [13]. - The year-on-year growth rates for net profit and non-recurring net profit have shown considerable fluctuations, with the forecast for 2025 indicating a strong recovery and growth trajectory [13].

Core Viewpoint - The company, Pairui Co., Ltd. (300831), has announced a profit forecast for 2025, expecting a significant decline in net profit and non-recurring net profit compared to the previous year [4]. Financial Performance - The forecasted net profit for 2025 is estimated to be between 39 million to 54 million yuan, representing a year-on-year decrease of 24.29% to 45.32% [4]. - The expected non-recurring net profit is projected to be between 28 million to 41.5 million yuan, indicating a year-on-year decline of 37.87% to 58.08% [4]. - As of January 29, the company's price-to-earnings ratio (TTM) is approximately 76.86 to 106.42 times, with a price-to-book ratio (LF) of about 4.53 times and a price-to-sales ratio (TTM) of around 34.91 times [4]. Industry Context - The company specializes in the research, development, production, testing, verification, sales, and service of power semiconductor devices and power electronic equipment [14]. - The decline in performance is attributed to the impact of industry cycles and demand fluctuations, leading to a year-on-year revenue decrease [14]. - The company has made impairment provisions for related assets showing signs of impairment, following a cautious approach [14].

近年来市盈率变化情况（倍） 900 இ 00 354.33 300 156.39 171.89 825 0 FA6L89 -300 -273.13 -600 -900 2022-06-30 2021-06-30 ' 2021-12-37 2020-12-37 2022-12-37 : 3-06-30 23-12-37 2n- -○- 公司 -○- 行业均值 100 92o2 ହ 90 80 70 63x23 60 50 41 83 40 30 20 10 0 2027-12-37 | 2020-12-37 I 2022-12-37 1 023-12-37 1 2021-06-30 | 2022-06-30 ' 3-06-30 ' 2n- ） 制图数据来自恒生聚源数据库 中证智能财讯罗博特科（300757）1月29日晚间披露2025年度业绩预告，预计2025年归母净利润亏损6000万元至9000万元，上年同期盈利6388.55万元；扣非 净利润亏损9000万元至1.3亿元，上年同期盈利6284.39万元。以最新收盘价计算，市净率（LF）约33.82倍，市销率（TTM）约111.27倍。 以本次披露业绩预告均值计 ...

中证智能财讯哈尔斯（002615）1月29日晚间披露2025年度业绩预告，预计2025年归母净利润5480万元至8160万元，同比下降71.52%-80.88%；扣非净利润预 计5630万元-8310万元，同比下降70.37%-79.93%；基本每股收益0.12元/股-0.18元/股。以1月29日收盘价计算，哈尔斯目前市盈率（TTM）约为46.57倍-69.34 倍，市净率（LF）约2.27倍，市销率（TTM）约1.12倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况 (倍) 120 题 90 60 30 18:28 12.56 18 1981 10:41 0 -30 3d.8 -60 2020-12-37 2021-12-37 2022-12-37 : <1-06-30 022-06-30 3-06-30 3-12-37 *-06-31 2n- 100 ହି ୨୦ 80 70 60 50 44666 446 40 35:07 33.35 30 29:06- 26.91 20 10 3,85 0 2020-12-37 1 2021-06-30 2027-12-37 ...

制图数据来自恒生聚源数据库 市净率(LF)历史分位(%) 中证智能财讯京基智农（000048）1月29日晚间披露2025年度业绩预告，预计2025年归母净利润1.25亿元至1.65亿元，同比下降76.88%-82.49%；扣非净利润 预计1.2亿元-1.6亿元，同比下降79.63%-84.72%；基本每股收益0.2375元/股-0.3151元/股。以1月29日收盘价计算，京基智农目前市盈率（TTM）约为58.91 倍-77.76倍，市净率（LF）约2.35倍，市销率（TTM）约1.93倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况 (倍) 100 @ 20 0 53 7 06 8 41 1265 0 4 64 - 100 - 150 -64.48 -200 -250 -276.83 -300 2022-06-30 2021-06-30 ' 2021-12-37 2022-12-37 3-06-30 : 2020-12-37 23-12-37 2n- -○- 公司 -○- 行业均值 100 ହ 90 80 70 60 50 40 30 20 13~94 40°08 ...

Core Viewpoint - Nenghui Technology (301046) expects a significant decline in net profit for 2025, forecasting a range of 5 million to 7.5 million yuan, representing a year-on-year decrease of 85.73% to 90.48% [4] Financial Performance - The projected non-net profit for 2025 is estimated to be between 2 million and 3 million yuan, indicating a year-on-year decline of 93.83% to 95.89% [4] - As of January 29, the company's price-to-earnings ratio (TTM) is approximately 566.95 to 850.43 times, with a price-to-book ratio (LF) of about 5.28 times and a price-to-sales ratio (TTM) of around 3.48 times [4] Industry Context - The company operates primarily in the photovoltaic power station research, design, system integration, and investment operation sectors, while also engaging in emerging businesses such as new energy storage and smart microgrids [12] - The performance decline is attributed to cyclical fluctuations in the photovoltaic industry and intensified market competition, with a noted decrease in both business volume and gross margin in the second half of the year [12] Asset Management - The company conducted impairment testing on its assets during the reporting period, which had a certain impact on net profit; additionally, it recognized share-based payment expenses of 22.45 million yuan due to the implementation of an equity incentive plan [13]

中证智能财讯固德威（688390）1月29日晚间披露2025年度业绩预告，预计2025年归母净利润1.25亿元至1.62亿元，上年同期亏损6181.04万元；扣非净利润 预计3400万元至7100万元，上年同期亏损1.94亿元。以1月29日收盘价计算，固德威目前市盈率（TTM）约为134.98倍-174.94倍，市净率（LF）约8.07倍， 市销率（TTM）约2.74倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况 (倍) 1,500 10000 500 176.07 145.14 117.23 100.42 93664 17-82 0 29-48 -500 -1,000 -1,500 2020-12-37 3-06-30 '-06-30 21-12-37 -2-12-3- n 〇- 公司 -○- 行业均值 100 ହ 90 86.59 82818 80 70 68.7 60 53d66 51~88 50 40 30 2162 20 10 9-38 0 2021-12-37 ' 2020-12-37 2-12-37 . 2n- )- 公司 -○- 行业均值 制图数据 ...

中证智能财讯精研科技（300709）1月29日晚间披露2025年度业绩预告，预计2025年归母净利润4500万元至6000万元，同比下降49.87%-62.4%；扣非净利润 预计3000万元-4200万元，同比下降58.41%-70.29%。以1月29日收盘价计算，精研科技目前市盈率（TTM）约为142.84倍-190.46倍，市净率（LF）约3.73 倍，市销率（TTM）约3.01倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况 (倍) 180 @ 20 120 90 60 2004 39-99 3998 30 298 25-08 0 -12-35 27.74 -30 2021-12-37 2020-12-37 2-06-30 2022-12-3- <1-06-30 2n- -○- 公司 -○- 行业均值 100 ହି ୨୦ 80 70 70g18 60 50 43d35 40 30 20 18 10 7.46 6.09 0 2020-12-37 1 2021-12-37 1 2022-72-37 1 2022-06-30 ' +-06-30 1-06-30 4- ...