中证智能财讯万达信息（300168）1月30日晚间披露2025年度业绩预告，预计2025年实现营业收入19.5亿元至21.5亿元；归母净利润亏损5.25亿元至6亿元， 上年同期亏损6.86亿元；扣非净利润亏损5.9亿元至6.85亿元，上年同期亏损7.71亿元。以最新收盘价计算，市净率（LF）约7.89倍，市销率（TTM）约4.74 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： 资料显示，公司主要业务涵盖数智医卫、数智政务、数智金融三大领域，以ICT信息科技创新为公司整体软件解决方案基石，向健康管理、智慧城市方向延 伸发展。 据公告，1.报告期内，公司实现减亏，归属于上市公司股东的净利润同比提升约12%–23%。2.公司通过持续推进降本增效举措，使得人工成本及费用总体支 出规模同比下降，运营效率提升，但营业收入仍无法覆盖运营成本及固定费用开支，导致公司仍处于亏损状态。3.部分资产存在减值迹象，资产组未来经济 利益流入低于预期，部分存货成本高于其可变现净值，经初步评估商誉及存货减值规模约0.7–1.0亿元，较上年同期1.5亿元下降约33%–53%。4.报告期内， 公司预计实现非经常性损益 ...

Core Viewpoint - Company Zunming Co., Ltd. (003030) expects to achieve a revenue of 2 billion to 2.05 billion yuan in 2025, representing a year-on-year growth of 20.16% to 23.17%, and a net profit attributable to shareholders of 25 million to 32 million yuan, recovering from a loss of 25.1361 million yuan in the previous year [2] Financial Performance - The projected revenue for 2025 is between 2 billion and 2.05 billion yuan, indicating a growth rate of 20.16% to 23.17% compared to the previous year [2] - The expected net profit attributable to shareholders is between 25 million and 32 million yuan, a significant recovery from the previous year's loss of 25.1361 million yuan [2] - The company anticipates a non-recurring net profit loss of 36 million to 43 million yuan, compared to a loss of 23.2284 million yuan in the previous year [2] - Basic earnings per share are projected to be between 0.2 yuan and 0.26 yuan [2] Valuation Metrics - As of January 30, the company's price-to-earnings (P/E) ratio (TTM) is approximately 86.64 to 110.9 times, with a price-to-book (P/B) ratio of about 2.72 times and a price-to-sales (P/S) ratio of approximately 1.37 times [2] - The historical P/E ratio trends indicate fluctuations in the company's valuation over recent years [3][4][5][6][7][8][9] Business Operations - The company focuses on the research, production, and sales of soybean products [11] - The increase in net profit is attributed to the recognition of goodwill impairment and adjustments in equity transfer payments, as well as asset disposal gains from demolition compensation [11] - The company has actively expanded its sales market, resulting in a significant increase in product orders and production volume, with improved capacity utilization and gradually recovering profitability [11]

Group 1 - The company expects a net profit attributable to shareholders for 2025 to be between 92.03 million and 120 million yuan, representing a year-on-year growth of 21.1% to 57.32% [4] - The forecasted net profit after deducting non-recurring gains and losses is estimated to be between 101 million and 131 million yuan, indicating a year-on-year increase of 30.35% to 69.32% [4] - As of January 30, the company's price-to-earnings ratio (TTM) is approximately 84.61 to 109.91 times, with a price-to-book ratio (LF) of about 3.46 times and a price-to-sales ratio (TTM) of around 9.05 times [4] Group 2 - The company's main business operates under a dual model of "e-commerce full-service provider + new consumer brand accelerator," offering comprehensive e-commerce services to brands [8] - During the reporting period, the company actively promoted a strategy to enhance productivity through technology, utilizing AI agents to improve operational efficiency and collaborating with platforms like Alibaba to expand business types [8] - The online management services for brands have seen year-on-year growth, which has contributed to improved profitability, while cost control in online marketing and content e-commerce has supported overall performance growth [8]

历年净利、扣非情况(亿元) 1 (亿元) 0.148 0 -0.34 -1.27 -1.56 -1 -2.05 -3.48 -2 -3 -4 2020 2021 2023 2022 2024 2025E 归母净利润 扣非净利润 制图数据来自恒生聚源数据库 历年净利、扣非同比增长情况(%) 500 55-16 --- 31:15 -- 0 38.01 % -335.33 -266.19'-173.61 -500 2021 2020 2022 2023 2024 2025E ¬○- 归母净利润同比增长率 -○- 扣非净利润同比增长率 中证智能财讯广生堂（300436）1月30日晚间披露2025年度业绩预告，预计2025年归母净利润亏损1.7亿元至2.4亿元，上年同期亏损1.56亿元；扣非净利润亏 损1.78亿元至2.48亿元，上年同期亏损2亿元。以最新收盘价计算，市净率（LF）约41.43倍，市销率（TTM）约36.83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： 资料显示，公司秉承"广播仁爱·关注民生"的企业使命，坚定为人类的肝脏健康提供科学解决方案的梦想，坚定不移推动创新药物研发，实 ...

Core Viewpoint - Company ST Tongmai (603559) expects a net profit loss of 130 million to 180 million yuan for the year 2025, an improvement from a loss of 301 million yuan in the previous year [4] Financial Performance - The expected net profit loss for 2025 is between 130 million and 180 million yuan, while the non-recurring net profit loss is projected to be between 125 million and 175 million yuan, compared to a loss of 238 million yuan in the previous year [4] - The company's price-to-book ratio (LF) is approximately 2.76 times, and the price-to-sales ratio (TTM) is about 6.28 times based on the latest closing price [4] Industry Context - The telecommunications construction industry is facing intense competition, leading to prolonged construction periods and fluctuating demand from downstream industries, which has resulted in a continuous decline in industry gross margins [15] - To secure projects, the company has been lowering its bids, which compresses profit margins and leads to cost overruns on some projects [15] - The company is also facing challenges with long accounts receivable aging and a high provision for bad debts [15]

中证智能财讯雅博股份（002323）1月30日晚间披露2025年度业绩预告，预计2025年实现营业收入3.3亿元至3.8亿元；归母净利润亏损1.4亿元至1.9亿元，上 年同期亏损2.01亿元；扣非净利润亏损1.4亿元至1.9亿元，上年同期亏损1.83亿元；基本每股收益-0.066元/股至-0.0896元/股。以最新收盘价计算，市净率 （LF）约10.25倍，市销率（TTM）约10.1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： -○- 公司 -○- 行业均值 公司 -○- 行业均值 100 ହ 90 89-93 80 70 60 50 40 30 20 10 0 2021-06-30 | 2027-12-37 | 2020-12-37 I 2022-12-37 1 202-06-30 | 3-72-37 " 4-06-30 3-06-30 ' 2n- 一〇- 公司 -〇- 行业均值 制图数据来自恒生聚源数据库 近年来市盈率变化情况（倍） 200 183.76 （倍） 0 7:4 78 8 3 -40.99 =54:64 74-29 -100 -178.08 -200 2022-06- ...

-〇- 行业均值 - 公司 制图数据来自恒生聚源数据库 市净率(LF)历史分位(%) 001 90 90-83 87d88 80 70 69-21 60 58a76 50 40 3 8.8 30 20 10 0- 2020-12-37 I 2021-06-30 | 2027-12-37 1 <022-72-37 1 2-06-30 ' -06-30 ' 2n~ 中证智能财讯东方智造（002175）1月30日晚间披露2025年度业绩预告，预计2025年实现营业收入3亿元至3.3亿元；归母净利润亏损2600万元至3900万元， 上年同期盈利1661.25万元；扣非净利润亏损2600万元至3900万元，上年同期盈利1311.75万元；基本每股收益-0.02元/股至-0.03元/股。以最新收盘价计算， 市净率（LF）约6.68倍，市销率（TTM）约17.15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) 400 0 200 100 49 B 30.72 1 88 0 16 59 -100 -200 -300 202-06-30 2021-12-37 2021-06 ...

Group 1 - The company Anli Education (600661) expects to achieve an operating revenue of 1.38 billion yuan in 2025, representing a year-on-year growth of 12.23% [4] - The company forecasts a net profit attributable to shareholders of 80 million yuan, a significant recovery from a loss of 48.58 million yuan in the same period last year [4] - The expected net profit after deducting non-recurring gains and losses is approximately 4 million yuan, compared to a loss of 67.94 million yuan in the previous year [4] Group 2 - As of January 30, the company's price-to-earnings (P/E) ratio (TTM) is approximately 38.29 times, the price-to-book (P/B) ratio (LF) is about 22.77 times, and the price-to-sales (P/S) ratio (TTM) is around 2.22 times [4] - The company has formed four major business segments: quality education, vocational and basic education, international education, and adult education [13] - In 2025, the company plans to deepen strategic adjustments, expand business scale, enhance product quality, and improve operational efficiency through various initiatives [13] Group 3 - The company completed the sale of real estate assets and shares of Kensington Park School Limited, generating approximately 64 million yuan in revenue [13] - The company received government subsidies totaling about 14 million yuan in 2025 [13]

Core Viewpoint - Company Haixin Food (002702) expects a net loss attributable to shareholders of 37 million to 52 million yuan for the year 2025, indicating a similar loss compared to the previous year [4] Financial Performance - The expected net profit loss for 2025 is between 37 million and 52 million yuan, compared to a loss of 36.94 million yuan in the same period last year [4] - The expected non-recurring net profit loss is projected to be between 45 million and 62 million yuan, compared to a loss of 43.58 million yuan in the previous year [4] - Basic earnings per share are estimated to be between -0.0666 yuan and -0.0936 yuan [4] Valuation Metrics - The company's price-to-book ratio (LF) is approximately 3.57 times, and the price-to-sales ratio (TTM) is about 2.43 times based on the latest closing price [4] - Historical price-to-earnings ratio trends indicate significant fluctuations, with the company experiencing negative earnings in recent years [5][6][19] Business Operations - The primary business activities of the company include the production and sale of frozen fish and meat products, frozen rice and noodle products, frozen dishes, and ambient fish and meat products [13] - The anticipated performance decline is attributed to several factors, including the ramp-up phase of its subsidiary Fujian Changheng Food Co., Ltd., which began production in the second half of 2024, leading to high fixed cost amortization [13] - The company is also investing in channel development and brand promotion, while new product categories have not yet achieved expected sales volumes [13]

Core Viewpoint - The company, New Emerging Equipment (002933), has announced its earnings forecast for 2025, projecting a net profit attributable to shareholders of between 32 million to 47.5 million yuan, representing a year-on-year growth of 69.32% to 151.34% [4] Financial Performance - The expected non-recurring net profit for 2025 is estimated to be between 9.5 million to 14 million yuan, a significant recovery from a loss of 472,100 yuan in the previous year [4] - Basic earnings per share are projected to be between 0.27 yuan and 0.4 yuan [4] - The impact of non-recurring gains on net profit is anticipated to be between 22.5 million to 33.5 million yuan, primarily due to changes in the fair value of financial assets and equity investments held by the company [15] Valuation Metrics - As of January 30, the company's price-to-earnings (P/E) ratio (TTM) is approximately between 86.2 and 127.95 times, with a price-to-book (P/B) ratio (LF) of about 2.68 times and a price-to-sales (P/S) ratio (TTM) of around 10.13 times [4] - Historical P/E ratios indicate fluctuations in the company's valuation over recent years, reflecting market sentiment and performance [5][6] Business Overview - The company specializes in the research, development, production, and sales of aviation equipment products centered around servo control technology [15]