Core Viewpoint - TCL Electronics expects a significant increase in adjusted net profit for the fiscal year 2025, projecting between HKD 2.33 billion and HKD 2.57 billion, representing a growth of approximately 45% to 60% compared to the same period in 2024 [1] Group 1: Financial Performance - The adjusted net profit forecast for 2025 indicates a strong financial outlook for TCL Electronics, driven by quality growth in global operations [1] - The company’s profitability is expected to improve due to the sustained market leadership in large-size display business and significant progress in mid-to-high-end product offerings [1] Group 2: Business Operations - TCL Electronics maintains a high level of profitability in its internet business, while its innovative business segments continue to expand in scale [1] - The company is enhancing its AI digital capabilities, which is expected to improve operational efficiency and reduce expense ratios [1] Group 3: Organizational Strategy - TCL Electronics is undergoing organizational adjustments to enhance global operations and improve talent management systems [1] - The implementation of an equity incentive plan aims to boost team morale, further driving performance improvements [1]

Core Viewpoint - TCL Electronics (01070) has announced a significant increase in its adjusted net profit forecast for the fiscal year 2025, projecting a growth of approximately 45% to 60% compared to 2024, with expected profits ranging from 2.33 billion to 2.57 billion HKD [1] Group 1: Financial Performance - The company anticipates adjusted net profit for 2025 to be between 2.33 billion and 2.57 billion HKD, indicating a substantial increase from the previous year [1] - This projected growth is attributed to quality growth in global operations and enhanced overall profitability [1] Group 2: Business Segments - The large-size display business continues to maintain market leadership, with significant results from the mid-to-high-end product strategy [1] - The internet business is sustaining high profitability levels, while innovative business segments are expanding in scale [1] Group 3: Operational Efficiency - The company is actively enhancing its AI digital capabilities, leading to improved operational efficiency and a reduction in expense ratios [1] - Organizational adjustments are being made to support global operations, including the development of a global talent management system [1] - A stock incentive plan has been implemented to boost team morale, further driving performance improvements [1]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 TCL电子（01070）发布公告，预期本集团2025年度的经调整归母净利润约在23.3亿至25.7亿港元之间， 与2024年同期相比，将取得约45%至60%的增长。经调整归母净利润预期大幅增长的主要原因为： TCL电子（01070）发布公告，预期本集团2025年度的经调整归母净利润约在23.3亿至25.7亿港元之间， 与2024年同期相比，将取得约45%至60%的增长。经调整归母净利润预期大幅增长的主要原因为： （i） 本集团秉持"品牌引领价值、深化全球经营、科技驱动、活力至上"的战略方针，坚持"全球 化"和"中高端化"发展。本集团全球业务实现有质量增长，整体盈利能力持续增强，其中大呎吋显示业 务持续保持市场领先地位且中高端化成效显著，互联网业务维持高盈利水平，创新业务规模持续扩张。 （ii） 本集团持续强化自身在全球供应链及渠道的领先布局优势，增强全球经营风险的敏捷应对能力。 本集团积极完善AI数字化能力，经营效率进一步提升带动费用率有效下降。同时，本集团围绕全球经 营进行组织调整，完善全球人才培养管理体系，并通过股权激励方案提升团队士气，进 ...

Core Viewpoint - TCL Electronics has announced a positive earnings forecast for the fiscal year 2025, expecting adjusted net profit attributable to shareholders to be between HKD 2.33 billion and HKD 2.57 billion, representing a growth of approximately 45% to 60% compared to the same period in 2024 [1] Group 1: Financial Performance - The expected significant increase in adjusted net profit is primarily due to the company's strategic focus on "brand-led value, deepening global operations, technology-driven initiatives, and vitality" [1] - The company has achieved quality growth in its global business, with overall profitability continuing to enhance, particularly in the large-size display business, which maintains a market-leading position [1] - The internet business remains highly profitable, and the scale of innovative business continues to expand [1] Group 2: Strategic Initiatives - TCL Electronics is strengthening its leading position in the global supply chain and channel management, enhancing its agility in responding to global operational risks [1] - The company is actively improving its AI digital capabilities, leading to increased operational efficiency and a reduction in expense ratios [1] - Organizational adjustments are being made to enhance global talent management, and a stock incentive plan is in place to boost team morale, further driving performance improvements [1] Group 3: Future Outlook - The company plans to continuously explore cutting-edge AI technologies and maintain its focus on "globalization" and "mid-to-high-end" development [1] - TCL Electronics aims to enhance its global brand value and commercial value while accelerating its globalization process [1]

Core Viewpoint - TCL Electronics (01070) anticipates an adjusted net profit attributable to shareholders for the year 2025 to be between HKD 2.33 billion and HKD 2.57 billion, representing a growth of approximately 45% to 60% compared to the same period in 2024 [1] Group 1: Strategic Initiatives - The company adheres to a strategic approach of "brand-led value, deepening global operations, technology-driven, and vitality first," focusing on "globalization" and "mid-to-high-end" development [1] - TCL's global business has achieved quality growth, with overall profitability continuously enhancing, particularly in the large-size display business, which maintains market leadership and shows significant results in mid-to-high-end positioning [1] - The internet business continues to maintain a high level of profitability, while the scale of innovative business is expanding [1] Group 2: Operational Efficiency - The company strengthens its leading position in the global supply chain and channel layout, enhancing its agility in responding to global operational risks [1] - TCL is actively improving its AI digital capabilities, leading to increased operational efficiency and a significant reduction in expense ratios [1] - Organizational adjustments are being made around global operations, including the enhancement of global talent development management systems and the implementation of equity incentive plans to boost team morale and drive performance improvement [1] Group 3: Future Outlook - The company will continue to explore cutting-edge technologies in AI and maintain its focus on "globalization" and "mid-to-high-end" development [1] - TCL aims to continuously enhance its global brand value and commercial value while accelerating its globalization process [1]

Core Viewpoint - TCL Electronics (01070) anticipates a significant increase in adjusted net profit attributable to shareholders for the fiscal year 2025, projected to be between HKD 2.33 billion and HKD 2.57 billion, representing a growth of approximately 45% to 60% compared to the same period in 2024 [1] Group 1: Strategic Initiatives - The company adheres to a strategic approach of "brand-led value, deepening global operations, technology-driven, and vitality first," focusing on globalization and mid-to-high-end development [1] - TCL's global business has achieved quality growth, with overall profitability continuously enhancing, particularly in the large-size display segment, which maintains market leadership and shows significant results in mid-to-high-end positioning [1] - The internet business continues to maintain high profitability levels, while innovative business scales are expanding [1] Group 2: Operational Enhancements - The company is strengthening its leading position in global supply chains and channels, enhancing its agility in responding to global operational risks [1] - TCL is actively improving its AI digital capabilities, leading to increased operational efficiency and a reduction in expense ratios [1] - Organizational adjustments are being made to enhance global talent management systems, and a stock incentive plan is in place to boost team morale, further driving performance improvements [1] Group 3: Future Outlook - The company will continue to explore cutting-edge AI technologies and new scenarios, maintaining its focus on globalization and mid-to-high-end development [1] - TCL aims to continuously enhance its global brand value and commercial value while accelerating its globalization process [1]

经调整归母净利润预期大幅增长的主要原因为：(i)集团秉持"品牌引领价值、深化全球经营、科技驱 动、活力至上"的战略方针，坚持"全球化"和"中高端化"发展。集团全球业务实现有质量增长，整体盈 利能力持续增强，其中大尺寸显示业务持续保持市场领先地位且中高端化成效显着，互联网业务维持高 盈利水平，创新业务规模持续扩张。(ii)集团持续强化自身在全球供应链及渠道的领先布局优势，增强 全球经营风险的敏捷应对能力。集团积极完善AI数字化能力，经营效率进一步提升带动费用率有效下 降。同时，集团围绕全球经营进行组织调整，完善全球人才培养管理体系，并通过股权激励方案提升团 队士气，进一步牵引集团业绩提升。 格隆汇1月18日丨TCL电子(01070.HK)发布公告，预期集团2025年度的经调整归母净利润约在23.3亿至 25.7亿港元之间，与2024年同期相比，将录得约45%至60%的增长。 未来，集团将不断探索AI新场景前沿技术，坚持"全球化"和"中高端化"发展，持续提升全球品牌价值及 商业价值，加快全球化经营进程。 ...

TCL ELECTRONICS HOLDINGS LIMITED 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 TCL 電子控股有限公司 （股份代號：01070） （於開曼群島註冊成立之有限公司） 2025年度業績盈喜預告 本公告是本公司根據上市規則第13.09(2)(a)條及證券及期貨條例第XIVA部之內幕 消息條文而作出。 董事會謹此通知本公司股東及潛在投資者，根據對本集團2025年度未經審核管理 賬目的初步審閱及董事會目前可得資料，預期本集團2025年度的經調整歸母淨利 潤約在23.3億至25.7億港元之間，與2024年同期相比，將錄得約45%至60%的增長。 經調整歸母淨利潤預期大幅增長的主要原因為： 1 本公司仍在準備本集團2025年度業績。本公告所載資料僅根據對本集團2025年度 未經審核管理賬目及董事會目前可得的其他相關資料作出的初步評估，該等數據 及資料尚未經本公司核數師審核或經本公司審核委員會審閱。股東及潛在投資者 請謹慎閱讀本集 ...

Investment Rating - The report maintains a positive investment rating for the industry [12] Core Insights - The global black electrical market showed signs of stabilization in Q3 2025, with a slight year-on-year decline in shipment volume but a narrowing of the decline, indicating reduced downward pressure [4][10] - The Mini LED TV market is experiencing rapid growth, although the pace of penetration is slowing due to a deceleration in growth in the Chinese market [9][10] Market Conditions - In Q3 2025, the global TV market exhibited a "stable volume with slight decline, and both price and revenue falling" pattern, with total shipments reaching 52.55 million units, a year-on-year decline of 0.63% [23] - The OLED TV segment continued to grow, with shipments reaching 1.54 million units, a year-on-year increase of 7.75% [23] - The overall market revenue for black electrical products was $23.018 billion, down 6.76% year-on-year, with the average price per unit dropping to $438.02, a decrease of 6.17% [23] Competitive Landscape - Korean brands Samsung and LGE saw a slight recovery in global market share in Q3 2025, primarily through pricing strategies, although average product prices fell [8] - Chinese brands like TCL and Hisense achieved shipment growth due to strong performance in emerging markets, while Xiaomi faced challenges in the Chinese market but performed well in Western Europe [8][47] Structural Changes - The penetration rate of Mini LED TVs is experiencing a temporary slowdown, with demand concentrated in China, Western Europe, and North America [9][10] - TCL and Hisense are leading in shipment volume and growth in the Mini LED segment, while LGE has a smaller scale but is experiencing rapid growth from a low base [9] Investment Recommendations - The report suggests that despite the phase of adjustment in the Chinese market, Chinese brands are showing resilient growth, particularly in emerging markets [10][43] - The competitive landscape indicates that while there is a significant price gap between Chinese and Korean brands, there is substantial room for growth through premiumization and structural upgrades [10]

Group 1 - The core viewpoint of the article highlights that TCL Electronics CEO Zhang Shaoyong has been awarded as one of the "Eight Outstanding General Managers in the TV Industry for 2025" due to his exceptional performance [1] - The evaluation for this award considered various factors including sales volume, profit, revenue, and the individual contributions of executives, aiming for a comprehensive and objective assessment [3] - TCL has shown remarkable performance in the global TV market in 2025, achieving a counter-cyclical growth in shipment volume and an increase in market share, maintaining its position as a leader in the TV industry [4] Group 2 - Under Zhang Shaoyong's leadership, TCL's TV business has successfully implemented strategic transformations and technological innovations, contributing to its growth despite market challenges [4] - TCL's brand index has been improving in Europe and the United States, indicating a positive trend in brand recognition and market presence [4]