主力资金净流出的行业有26个，电子行业主力资金净流出规模居首，全天净流出资金50.39亿元，其次 是电力设备行业，净流出资金为37.67亿元，净流出资金较多的还有计算机、汽车、通信等行业。 房地产行业今日上涨0.19%，全天主力资金净流入1.65亿元，该行业所属的个股共102只，今日上涨的有 32只，涨停的有3只；下跌的有64只，跌停的有1只。以资金流向数据进行统计，该行业资金净流入的个 股有50只，其中，净流入资金超千万元的有14只，净流入资金居首的是天保基建，今日净流入资金 7936.09万元，紧随其后的是我爱我家、金地集团，净流入资金分别为4427.20万元、4372.22万元。房地 产行业资金净流出个股中，资金净流出超千万元的有6只，净流出资金居前的有保利发展、张江高科、 海南高速，净流出资金分别为5419.93万元、1784.24万元、1781.67万元。（数据宝） 房地产行业资金流入榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 000965 | 天保基建 | 10.06 | 6. ...

智通财经4月9日早间新闻精选 1、国务院总理李强8日同欧盟委员会主席冯德莱恩通电话。李强指出，中国今年的宏观政策充分考虑了 各种不确定因素，也有充足的储备政策工具，完全能够对冲外部不利影响，对保持自身经济持续健康发 展充满信心。中国将继续坚定不移扩大开放，同包括欧盟在内的世界各国加强合作，分享发展机遇。 3、国务院国资委8日表示，将全力支持推动中央企业及其控股上市公司主动作为，不断加大增持回购力 度。 4、全国社会保障基金理事会8日表示，近日已主动增持国内股票，近期将继续增持。 5、中国诚通公告，继4月7日增持股票资产后，4月8日，中国诚通旗下诚通金控和诚旸投资继续大额增 持ETF和中央企业上市公司股票。中国诚通拟使用股票回购增持再贷款资金1000亿元，用于增持上市公 司股票。 6、瑞银估计，在2025年期间，除了"国家队"之外，其他长期投资者可能在内地监管机构的指导下，以 可持续且稳定的方式进入A股市场。该行预计内地保险公司、互惠基金及社会保障基金进入中国股市的 净流入可能分别达到1万亿、5900亿及1200亿元人民币。 7、国家发展改革委主任郑栅洁昨日主持召开座谈会，邀请江苏天合光能、浙江中基宁波、广东领 ...

2025 年第一季度主要经营情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： 经上海张江高科技园区开发股份有限公司（以下简称"公司"）初步测算，预计2025年第一季度实现归属 于上市公司股东的净利润为 2.7亿元到3.3亿元，与上年同期相比，将增加 1.51亿元到 2.11亿元，同比增 长 127%到177%。 股票代码：600895 股票简称：张江高科 编号：临2025-009 上海张江高科技园区开发股份有限公司 二、上年同期经营情况 （一）归属于上市公司股东的净利润：1.19亿元。 （二）每股收益：0.08元/股。 三、本期经营业绩增长的主要原因 一、本期经营业绩情况 （一）经营期间 2025 年 1 月 1 日至 2025 年 3 月 31 日 （二）经营情况 经上海张江高科技园区开发股份有限公司（以下简称"公司"）初步测算，预计2025年第一季度实现归属 于上市公司股东的净利润为 2.7亿元到3.3亿元，与上年同期相比，将增加 1.51亿元到 2.11亿元，同比增 长 127%到 177%。 ...

Core Viewpoint - A significant number of listed companies in A-shares are expected to report strong earnings growth for the first quarter of 2025, with over 90% of the companies showing positive performance indicators [1] Group 1: Earnings Forecasts - More than 100 listed companies have disclosed their earnings forecasts for Q1 2025, with 60 companies expecting profit increases, 4 maintaining profitability, 11 turning losses into profits, and 21 showing slight increases [1] - Companies like Muyuan Foods expect a net profit of 4.3 billion to 4.8 billion yuan for Q1 2025, recovering from a loss of 2.379 billion yuan in the same period last year [2] - China Shipbuilding Defense anticipates a net profit of 170 million to 200 million yuan for Q1 2025, marking a year-on-year increase of over 1000% [2] - Zhangjiang Hi-Tech expects a net profit of 270 million to 330 million yuan for Q1 2025, representing a year-on-year growth of 127% to 177% [4] Group 2: Industry Performance - The increase in net profits across various sectors, including state-owned enterprises and industry leaders, is attributed to market expansion, increased orders, and cost reduction measures [1] - Companies like Yuedui Co. expect a net profit of 107 million to 127 million yuan for Q1 2025, driven by cost reduction initiatives and rising ore prices [5] - CITIC Securities forecasts a net profit of approximately 6.545 billion yuan for Q1 2025, reflecting a 32% increase year-on-year, primarily due to growth in wealth management and investment trading [5] - Guotai Junan expects a net profit of 11.201 billion to 12.445 billion yuan for Q1 2025, indicating a year-on-year increase of 350% to 400% [5]

股票代码：600895 股票简称：张江高科 编号：临2025-009 上海张江高科技园区开发股份有限公司 2025 年第一季度主要经营情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 经上海张江高科技园区开发股份有限公司（以下简称"公司"）初步测算， 预计2025年第一季度实现归属于上市公司股东的净利润为 2.7亿元到3.3亿元， 与上年同期相比，将增加 1.51亿元到 2.11亿元，同比增长 127%到177%。 一、本期经营业绩情况 （一）经营期间 2025 年 1 月 1 日至 2025 年 3 月 31 日 （二）经营情况 经上海张江高科技园区开发股份有限公司（以下简称"公司"）初步测算， 预计2025年第一季度实现归属于上市公司股东的净利润为 2.7亿元到3.3亿元， 与上年同期相比，将增加 1.51亿元到 2.11亿元，同比增长 127%到 177%。 （二）每股收益：0.08元/股。 三、本期经营业绩增长的主要原因 本期业绩增长的主要原因为：1、公司持续加强产业"投资+培育"力度， 全力 ...

Group 1 - The company, Zhangjiang Hi-Tech, expects to achieve a net profit attributable to shareholders of the listed company between 270 million and 330 million yuan in the first quarter of 2025, representing a year-on-year growth of 127% to 177% [1]

Core Insights - Zhangjiang Hi-Tech recently released its 2024 annual report, showing total assets of 59.403 billion yuan, a 16.46% increase from the beginning of the year, and a net profit attributable to shareholders of 9.82 billion yuan, with a year-on-year growth of 3.64% [1][7] Group 1: Financial Performance - The company achieved total operating revenue of 1.983 billion yuan in 2024, a decrease of 2.09% year-on-year, while total profit reached 1.275 billion yuan, down 2.80% [7] - The net profit attributable to the parent company was 9.82 billion yuan, reflecting an 18.59% year-on-year increase in net assets to 14.755 billion yuan [1][7] - The company reported a gross margin of 56.77% and a net margin of 50.14% for the year [7] Group 2: Business Strategy - The company focuses on the Shanghai Integrated Circuit Design Industrial Park, actively participating in niche and emerging industry sectors to enhance production capabilities [2] - It aims to strengthen the semiconductor industry through investment and support for cutting-edge technology sectors, establishing the Zhangjiang Haoxin integrated circuit innovation service platform in 2024 [2][4] - The company employs a multi-faceted approach to attract talent and foster innovation, creating a highland for industry talent [2] Group 3: Investment and Innovation - The company has aggregated capital market resources, with direct investments exceeding 9.5 billion yuan, and has established 56 direct investment projects totaling nearly 4.1 billion yuan [4] - The 895 incubator has supported 242 enterprises, generating total revenue of 1.78 billion yuan and a combined valuation of 18.95 billion yuan [4] - In 2024, 37 incubated enterprises secured financing totaling 4.332 billion yuan [4] Group 4: ESG Commitment - The company plans to release its first ESG report in 2025, emphasizing low-carbon development and green building standards for new projects [8] - It aims to integrate technology innovation with management systems to support urban low-carbon transformation [8] - The company prioritizes compliance and risk management, striving to be a trustworthy partner through transparent communication and ethical practices [8]

[Table_MainInfo] 公司研究/房地产/开发区 证券研究报告 张江高科（600895）公司年报点评 2025 年 04 月 02 日 [Table_InvestInfo] 投资评级 优于大市 维持 股票数据 | 03[Table_StockInfo 月 31日收盘价（元）] | 24.86 | | --- | --- | | 52 周股价波动（元） | 16.20-37.74 | | 总股本/流通 A 股（百万股） | 1549/1549 | | 总市值/流通市值（百万元） | 38500/38500 | | 相关研究 | | | [Table_ReportInfo] 《载体销售拖累营收，投资收益提振归母净 | | | 利》2024.11.06 | | | 《载体销售推升营收，产业投资持续发力》 | | | 2024.08.25 | | | 《布局创投全链条，构建 REITs 全通道》 | | | 2024.04.01 | | | 市场表现 | | | [Table_QuoteInfo] | | -18.76% 0.24% 19.24% 38.24% 57.24% 2024/4 2024/7 20 ...

Investment Rating - The investment rating for Zhangjiang Hi-Tech (600895.SH) is maintained at "Buy" [5][15]. Core Views - The company reported a year-on-year increase in net profit attributable to shareholders, while operating revenue decreased. The focus on "investment + cultivation" continues to strengthen the company [5][6]. - The projected net profit attributable to shareholders for 2025-2027 is estimated at 1.33 billion, 1.46 billion, and 1.52 billion yuan, respectively, with corresponding EPS of 0.86, 0.94, and 0.98 yuan [5][9]. Financial Performance Summary - In 2024, the company achieved operating revenue of 1.983 billion yuan, a decrease of 2.09% year-on-year. The total profit reached 1.275 billion yuan, down 2.80% year-on-year. However, the net profit attributable to shareholders was 982 million yuan, reflecting a growth of 3.64% year-on-year [6][9]. - The gross margin and net margin for 2024 were 56.77% and 50.14%, respectively, with year-on-year changes of -1.27 percentage points and +3.71 percentage points [6][9]. Business Segment Analysis - The rental income for 2024 was 1.049 billion yuan, a slight increase of 0.25% year-on-year, with a gross margin of 62.78%, up 10.61 percentage points. In contrast, the sales revenue from spatial carriers was 911 million yuan, down 4.70% year-on-year, with a gross margin of 49.06%, down 14.62 percentage points [7][9]. - The company has 20 ongoing projects with a total construction area of approximately 3.34 million square meters and initiated 2 new projects with a total area of 340,000 square meters [7]. Investment Activities - As of the end of 2024, the company's direct investment fund has exceeded 9.5 billion yuan, with 56 direct investment projects totaling 4.077 billion yuan and participation in 30 investment funds with a subscribed capital of 5.464 billion yuan, leveraging a total funding scale of 58.896 billion yuan [8]. - The investment focus includes integrated circuits (28%), biomedicine and medical devices (20%), new energy vehicles (35%), new generation information technology (8%), and intelligent manufacturing (8%) [8].

Investment Rating - The investment rating for Zhangjiang Hi-Tech (600895.SH) is maintained at "Buy" [5][15]. Core Views - The company reported a year-on-year increase in net profit attributable to shareholders, while operating revenue decreased. The focus on "investment + cultivation" continues to strengthen the company [5][6]. - The projected net profit for 2025-2027 is estimated at 1.33 billion, 1.46 billion, and 1.52 billion yuan, with corresponding EPS of 0.86, 0.94, and 0.98 yuan, respectively. The current stock price corresponds to P/E ratios of 29.1, 26.6, and 25.6 times [5][9]. Financial Performance Summary - In 2024, the company achieved operating revenue of 1.983 billion yuan, a decrease of 2.09% year-on-year. The total profit reached 1.275 billion yuan, down 2.80% year-on-year. However, the net profit attributable to shareholders was 982 million yuan, reflecting a growth of 3.64% year-on-year [6][9]. - The gross margin and net margin for the year were 56.77% and 50.14%, showing a year-on-year change of -1.27 percentage points and +3.71 percentage points, respectively [6][9]. - The company’s asset-liability ratio stood at 69.04%, with a current ratio of 1.39 and a quick ratio of 0.26 at the end of 2024 [6]. Business Segment Analysis - The rental income for 2024 was 1.049 billion yuan, a slight increase of 0.25% year-on-year, with a gross margin of 62.78%, up 10.61 percentage points. Conversely, the sales revenue from spatial carriers was 911 million yuan, down 4.70% year-on-year, with a gross margin of 49.06%, down 14.62 percentage points [7]. - The company had 20 ongoing projects with a total construction area of approximately 3.34 million square meters and initiated 2 new projects with a total area of 340,000 square meters [7]. Investment Activities - As of the end of 2024, the company’s direct investment fund had accumulated over 9.5 billion yuan, with 56 direct investment projects totaling 4.077 billion yuan. The company participated in 30 investment funds with a total commitment of 5.464 billion yuan, leveraging a total funding scale of 58.896 billion yuan [8]. - Investment directions include integrated circuits (28%), biomedicine and medical devices (20%), new energy vehicles (35%), new generation information technology (8%), and intelligent manufacturing (8%) [8].