中证智能财讯富瀚微（300613）1月30日晚间披露2025年度业绩预告，预计2025年归母净利润1.2亿元至1.55亿元，同比下降39.84%-53.43%；扣非净利润预计 1.07亿元-1.42亿元，同比下降35.98%-51.76%。以1月30日收盘价计算，富瀚微目前市盈率（TTM）约为76.09倍-98.28倍，市净率（LF）约4.28倍，市销率 （TTM）约7.24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 週00 210 31 - 200 100 62.09 42d4 459 36x79 33:01 26.03 0 2020-12-37 1 2021-06-30 ' 2027-12-37 1 2022-12-37 4-06-30 ' 2-06-30 ' -30 `12-37 . 2n- -○- 公司 -○- 行业均值 100 ହ 90 91g82 d688 80 70 60 1688 50 40 30 29.2 25.78 20 165 10 0 0.4 2020-12-37 1 2021-12-37 1 2-06-30 ' 5-06 ...

近年来市盈率变化情况 (倍) 中证智能财讯飞亚达（000026）1月30日晚间披露2025年度业绩预告，预计2025年归母净利润7600万元至9800万元，同比下降55.53%-65.51%；扣非净利润预 计7200万元-9400万元，同比下降54.97%-65.51%；基本每股收益0.1873元/股-0.2415元/股。以1月30日收盘价计算，飞亚达目前市盈率（TTM）约为65.67 倍-84.68倍，市净率（LF）约1.91倍，市销率（TTM）约1.8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： 1,000 இ00 600 400 200 19-4 0 15-0 14-26 17.76 -200 2020-12-37 2021-06-30 2021-12-37 2022-06-30 3-06-30 22-12-37 *-72 ـ در r ּ〇- 公司 -〇- 行业均值 100 ହ 90 80 70 60 50 40 30 23:38 20 14:2 12024 10 100 3 4.83 74 0 2027-12-37 | 2020-12-37 I 2021-06-30 | 2 ...

Core Viewpoint - The company, Jieqiang Equipment (300875), has announced a forecast for a net loss of 90 million to 120 million yuan for the year 2025, which is an improvement compared to a loss of 278 million yuan in the previous year [4]. Financial Performance - The expected net profit loss for 2025 is between 90 million and 120 million yuan, while the non-recurring net profit loss is projected to be between 100 million and 130 million yuan, compared to losses of 278 million yuan and 292 million yuan in the previous year respectively [4]. - The company's price-to-book ratio (LF) is approximately 4.37 times, and the price-to-sales ratio (TTM) is about 27.29 times based on the latest closing price [4]. Business Operations - The company specializes in the research, development, production, sales, and technical services of nuclear biochemical safety equipment and core components [15]. - The anticipated decrease in impairment amounts for 2025 is expected to be significant compared to the previous year, as determined by a qualified assessment and auditing institution [15]. - Adjustments to previously recognized revenue due to changes in sales contract prices by final customers are expected to reduce profits for the reporting period [15]. Future Prospects - A new controlling subsidiary will be included in the company's consolidated scope starting from October 1, 2025, which is expected to generate additional business revenue and positively impact net profit [16]. - The impact of non-recurring gains and losses on net profit is estimated to be between 9 million and 12 million yuan, primarily from government subsidies and returns on idle funds [17].

Core Viewpoint - Zhaofeng Co., Ltd. (300695) has announced its performance forecast for 2025, expecting a net profit attributable to shareholders of 330 million to 370 million yuan, representing a year-on-year growth of 136.26% to 164.89% [4]. Financial Performance - The forecasted net profit for 2025 is between 330 million and 370 million yuan, with a significant increase compared to the previous year [4]. - The expected non-recurring net profit is projected to be between 90 million and 110 million yuan, indicating a decline of 10.09% to 26.44% year-on-year [4]. - As of January 30, the company's price-to-earnings ratio (TTM) is approximately 22.44 to 25.16 times, with a price-to-book ratio of about 2.92 times and a price-to-sales ratio of around 12.03 times [4]. Business Overview - Zhaofeng Co., Ltd. specializes in the production of automotive wheel hub bearing units and chassis system-related products, including various types of automotive bearings and electronic products [11]. - The significant increase in net profit is primarily attributed to the rise in the fair value of the funds invested by the company, leading to an increase in recognized fair value changes [11]. - The company has seen steady growth in its main business, with an increase in the domestic original equipment manufacturer (OEM) market scale, although the overall gross profit margin has slightly decreased due to changes in customer structure [11]. Investment and Market Conditions - The company has sufficient orders on hand, leading to increased fixed asset investments to meet production capacity needs, which has resulted in a decrease in cash funds [11]. - The decline in the US dollar exchange rate has led to a decrease in foreign exchange gains compared to the previous year [11]. - Non-recurring gains and losses for the reporting period are estimated to be between 240 million and 260 million yuan, mainly due to fair value changes of the invested funds [11].

中证智能财讯观想科技（301213）1月30日晚间披露2025年度业绩预告，预计2025年归母净利润1257.91万元至1811.4万元，上年同期亏损871.15万元；扣非 净利润预计1187.74万元至1741.22万元，上年同期亏损1511.11万元。以1月30日收盘价计算，观想科技目前市盈率（TTM）约为323.11倍-465.28倍，市净率 （LF）约7.46倍，市销率（TTM）约37.66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 19000 500 230.38 280.14 -231.26 161.43 0 -500 -838.04 -1,000 -1,500 -1824.69 -2,000 209259 -2,500 -09-30 4-03-30 3-12-30 n - 公司 -○- 行业均值 制图数据来自恒生聚源数据库 市盈率(TTM)历史分位(%) 100 94.45 ହି 90 82:32 88.5 80 70 67-92 60 50 40 30 20 10 0 2n- 制图数据来自恒生聚源数据库 市净率(LF)历史分位 ...

Core Viewpoint - The company Zhongke Weizhi (688211) has announced its performance forecast for 2025, expecting revenue between 2.35 billion to 2.85 billion yuan, with a net loss attributable to shareholders ranging from 88 million to 130 million yuan, indicating a slight increase in losses compared to the previous year [4]. Financial Performance - The expected revenue for 2025 represents an increase compared to the previous year, but the gross margin is anticipated to decline due to market changes and intensified competition [15]. - The company forecasts a net profit attributable to shareholders of between -88 million to -130 million yuan, compared to a loss of 84.75 million yuan in the same period last year [4][16]. - The non-recurring net profit is expected to be between -105 million to -155 million yuan, compared to a loss of 133 million yuan in the previous year [4]. Valuation Metrics - As of the latest closing price, the company's price-to-book ratio (LF) is approximately 1.25 times, and the price-to-sales ratio (TTM) is about 1.62 times [4]. - Historical trends indicate that the company's price-to-earnings ratio (TTM) has fluctuated significantly over recent periods, reflecting the volatility in its financial performance [5][21]. Government Support and R&D - The decline in net profit is partly attributed to a reduction in various government subsidies received compared to the previous year, along with a decrease in non-recurring income [16]. - The company plans to enhance its technological and product development efforts, optimize cost reduction and efficiency measures, and strengthen its market competitiveness [15].

Group 1 - The company, Hengdian Film, expects a net profit attributable to shareholders of 130 million to 180 million yuan for the year 2025, compared to a loss of 96.3764 million yuan in the same period last year [4] - The expected net profit after deducting non-recurring gains and losses is projected to be between 62 million and 90 million yuan, up from a loss of 222.3 million yuan in the previous year [4] - As of January 30, the company's price-to-earnings ratio (TTM) is approximately 89.85 to 124.4 times, with a price-to-book ratio (LF) of about 12.59 times and a price-to-sales ratio (TTM) of around 7.19 times [4] Group 2 - The company's main business includes film investment, production, distribution, cinema operation, and related derivative businesses [14] - The performance improvement is attributed to the recovery of the industry, the success of popular films driving market growth, and the company's strengthened management and diversified operations [14] - The company has released several films, including "Boonie Bears: Rebooting the Future," "The Legend of the Condor Heroes: The Great Hero," and "The Volunteer Army: Bloodbath for Peace," and is preparing for future releases [14]

Core Viewpoint - The company has decided to voluntarily terminate its stock listing, providing cash options to shareholders, excluding specific entities, with a set exercise price for the cash option [2] Group 1: Shareholder Meeting and Decisions - On January 29, the company held a shareholder meeting where the resolution to terminate the stock listing was approved [2] - The resolution grants all A-shareholders, except for Suqian JD Zhuofeng Enterprise Management Co., Ltd. and its concerted party, the right to cash options based on their shareholdings as of the record date [2] Group 2: Cash Option Details - The closing price of the company's A-shares on January 20 was 18.85 yuan per share, while the exercise price for the cash option is set at 19 yuan per share [2] - The exercise period for the cash option is from February 9 to February 12, 2026, during which the company's stock and derivatives will be suspended from trading [2] - The cash option can be submitted through the Shanghai Stock Exchange trading system, and there will be no on-site submission option [2] Group 3: Stock Suspension and Delisting - The company's stock has been suspended from trading since January 21, 2026, and will be delisted within five trading days after the announcement of the termination decision by the Shanghai Stock Exchange [2]

Core Viewpoint - Company ST Chuangyi (300366) expects a net loss of 440 million to 540 million yuan for the year 2025, compared to a loss of 78.86 million yuan in the same period last year [4] Financial Performance - The expected net profit loss for 2025 is between 440 million and 540 million yuan, with a non-recurring net profit loss estimated at 434 million to 534 million yuan, compared to a loss of 386 million yuan in the previous year [4] - The company's price-to-book ratio (P/B) is approximately 2.48 times, and the price-to-sales ratio (P/S) is about 2.77 times based on the latest closing price [4] Reasons for Performance Change - The decline in revenue is attributed to tightened customer budgets and intensified industry competition, leading the company to reduce participation in high-capital projects [13] - The company has made provisions for impairment losses on various assets, including inventory and accounts receivable, based on a cautious approach [13] - Strategic investments in research and development by associated companies, such as Sichuan Chuangzhi Lianheng Technology Co., have negatively impacted the company's earnings for the reporting period [13] - Non-recurring gains and losses are expected to impact net profit by approximately -5.84 million yuan for 2025, compared to a positive impact of 30.75 million yuan in the previous year [13]

中证智能财讯大唐发电（601991）1月30日晚间披露2025年度业绩预告，预计2025年归母净利润68亿元至78亿元，同比增长51%-73%；扣非净利润预计72亿 元至82亿元，同比增长60%-82%。以1月30日收盘价计算，大唐发电目前市盈率（TTM）约为8.97倍-10.29倍，市净率（LF）约2.05倍，市销率（TTM）约 0.57倍。 公司 -○- 行业均值 制图数据来自恒生聚源数据库 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） 500 450.62 越 00 300 200 156.36 100 26,96 21o76 19654 निर्म 0 1-20 -100 2021-12-37 2021-06-30 ' 2022-12-37 : 2022-06-30 2020-12-37 13-06-30 4-06-30 023-12-37 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 100 993 ହ 90 80 70 60 50 40 3dros 30 24d2 20 15.88 10 0 202 ...