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]

（文章来源：中国证券报·中证金牛座） 其中，一家不愿具名的企业负责人对记者表示："公司产品供不应求，产销正常，现在没有什么库存。" 上海钢联数据显示，2025年下半年以来，电池级碳酸锂价格持续上涨，从7万元/吨左右一度涨至17万 元/吨左右。 业内人士表示，碳酸锂价格的回暖，有望带动拥有自有矿和盐湖的生产企业业绩修复。 1月30日，锂矿板块大跌，截至14:40，锂矿板块跌超6%，西部矿业、中矿资源、天齐锂业等跌超7%。 对此，赣锋锂业、雅化集团等多家锂矿企业回应中国证券报·中证金牛座记者称，公司生产经营一切正 常。 ...

Core Viewpoint - The company Dingjide (603255) expects a significant turnaround in its financial performance for the year 2025, projecting a net profit attributable to shareholders between 8.63 million and 12.95 million yuan, compared to a loss of 12.13 million yuan in the previous year [4]. Financial Performance - The projected net profit for 2025 is between 8.63 million and 12.95 million yuan, while the expected non-recurring net profit ranges from 6.89 million to 10.33 million yuan, both showing a recovery from previous losses [4]. - The company's current price-to-earnings (P/E) ratio (TTM) is approximately between 341.76 and 512.65 times, with a price-to-book (P/B) ratio of about 2.79 times and a price-to-sales (P/S) ratio of around 5.21 times [4]. Business Operations - The company specializes in the research, production, and sales of polymer material chemical additives, single agents, and catalysts [15]. - The improvement in performance is attributed to leveraging core product advantages, enhancing marketing efforts, and optimizing product structure and sales area, which effectively boosted overall sales revenue [15]. - The successful launch of the high-end new material project (POE) has provided new support for the company's overall profitability [16].

Core Viewpoint - The company, Zhongzheng Intelligent Education, forecasts a net loss of 60 million to 85 million yuan for the year 2025, an improvement from a loss of 104 million yuan in the previous year [4]. Financial Performance - The expected net profit loss for 2025 is between 60 million and 85 million yuan, while the non-recurring net profit loss is projected to be between 65 million and 90 million yuan, compared to a loss of 105 million yuan in the previous year [4]. - The company's price-to-book ratio (LF) is approximately 6.41 times, and the price-to-sales ratio (TTM) is about 9.68 times based on the latest closing price [4]. Industry Context - The company has been engaged in educational information services for many years, starting with family-school interaction services in basic education and expanding into various fields including family education and continuing education for teachers [11]. - The company has faced challenges due to industry policies, intensified market competition, tight customer budgets, and declining demand, leading to a reduction in revenue from continuing education, family-school interaction upgrades, and educational information services [11]. - The company has proactively raised the selection criteria for some of its businesses, resulting in the abandonment of certain business opportunities to ensure stable cash flow and maintain operations [11]. Accounts Receivable Management - The company has seen an increase in the aging of other receivables due to some customers' payment capabilities, leading to significant credit impairment provisions [11]. - As of now, there are still 60.8583 million yuan in receivables that have not been recovered after the government reclaimed land in 2022, with a credit impairment provision of 12.1717 million yuan made this period [11]. - The company has intensified its management and collection efforts for accounts receivable, resulting in a year-on-year decrease in the ending balance of accounts receivable and a significant reduction in credit impairment provisions compared to the previous year [11]. Non-Recurring Gains - The impact of non-recurring gains and losses on net profit for the reporting period is expected to be around 5 million yuan, primarily from government subsidies, financial product income, and fixed asset disposals [12].

Core Viewpoint - The company, Zhongzheng Intelligent Construction Co., Ltd. (stock code: 603030), has announced a forecast for a significant increase in losses for the year 2025, projecting a net loss attributable to shareholders of between 250 million to 350 million yuan, compared to a loss of 110 million yuan in the previous year [4] Financial Performance Summary - The projected net loss for 2025 is between 250 million to 350 million yuan, with a non-recurring net profit loss estimated between 220 million to 320 million yuan, compared to a loss of 87.7 million yuan in the previous year [4] - Historical net profit and non-recurring profit figures show a downward trend, with the company experiencing substantial losses in recent years, particularly in 2022 and 2023 [5] - The company's price-to-book ratio (LF) is approximately 4.27 times, and the price-to-sales ratio (TTM) is about 4.38 times, indicating a high valuation relative to its financial performance [4] Business Operations Summary - The company operates in several segments, including design, construction, intelligent manufacturing, home furnishings, technology, and overseas markets [4] - The decline in performance is attributed to intensified competition in the domestic market, ineffective capacity release, and low utilization rates [4] - Although there has been an increase in overseas orders, the late signing of contracts has resulted in minimal revenue contribution for 2025 [4]

Core Viewpoint - The company Winshang (300377) has announced its earnings forecast for 2025, projecting a net profit attributable to shareholders of between 16 million to 24 million yuan, a significant recovery from a loss of 425 million yuan in the previous year [3]. Financial Performance - The forecasted net profit for 2025 represents a substantial improvement compared to the previous year's loss of 425 million yuan [3]. - The expected non-recurring net profit is estimated to be between 8 million to 12 million yuan, compared to a loss of 205 million yuan in the prior year [3]. - The company's current price-to-earnings (P/E) ratio (TTM) is approximately between 654.31 and 981.47 times, with a price-to-book (P/B) ratio of about 6.23 times and a price-to-sales (P/S) ratio of around 12.17 times based on the closing price on January 30 [3]. Business Focus - The company focuses on investment asset custody and management within the financial industry [10]. - During the reporting period, the company has adhered to market demand, emphasizing the quality and efficiency of financial technology products and services, and has made significant progress in innovation projects and AI-enabled research and delivery [10]. Impact of Non-Recurring Items - The estimated amount of non-recurring gains and losses is around 8 million yuan, with an impact of approximately 7 million yuan on the net profit attributable to shareholders, primarily from the disposal of idle fixed assets, government subsidies received, and other operating income and expenses [10].

Core Viewpoint - Runxin Technology (300493) expects a significant increase in net profit for 2025, projecting a growth of 50%-65% year-on-year, with net profit estimated between 54.55 million to 60.01 million yuan [4] Financial Performance - The forecasted non-net profit for 2025 is expected to be between 51.75 million to 56.93 million yuan, also reflecting a growth of 50%-65% year-on-year [4] - As of January 30, the company's price-to-earnings ratio (TTM) is approximately 166.63 to 183.29 times, with a price-to-book ratio (LF) of about 8.59 times and a price-to-sales ratio (TTM) of around 3.55 times [4] Historical Performance - The historical net profit and non-net profit figures indicate a steady increase, with the projected net profit for 2025 showing a significant rise compared to previous years [14] - The year-on-year growth rates for net profit and non-net profit are expected to be 57.5% and 53.43% respectively for 2025, indicating strong performance [14] Business Focus - The company has been focusing on wireless communication ICs, RF ICs, and sensor components, with a notable increase in revenue from AIOT and automotive electronics expected in 2025 [13] - For 2026, the company plans to continue its focus on ultra-low power SoC chip applications and lightweight model development, targeting growth in smart wearables, AI audio-video interaction, and smart home markets [13]

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） 中证智能财讯世嘉科技（002796）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9.1亿元至9.8亿元；归母净利润亏损4900万元至5900万元， 上年同期盈利9212.33万元；扣非净利润亏损5900万元至6900万元，上年同期亏损1289.9万元；基本每股收益-0.2元/股至-0.24元/股。以最新收盘价计算，市 净率（LF）约13.01倍，市销率（TTM）约11.91倍。 888 - 358 - 35 - 36 - 36 - 15 - 15 - 1 97o76 7307 288 TP3 C 10 - -154 48 202-06-30 2021-06-30 ' 2021-12-37 2020-12-37 22-72-37 3-72 3- 2n- -〇- 行业均值 - 公司 制图数据来自恒生聚源数据库 市盈率(TTM)历史分位(％) 制图数据来自恒生聚源数据库 100 ହ 90 80 70 60 60 50 40 34o77 30 20 10 0 2027-12-37 1 2020-12-3 ...