（编辑 任世碧） 证券日报网讯 10月14日晚间，瑞芯微发布2025年前三季度业绩预告称，公司预计2025年前三季度归属 于母公司所有者的净利润76，000万元到80，000万元，与上年同期相比，将增加40，829万元到44，829 万元，同比增长116%到127%。 ...

Core Insights - The company expects a significant increase in net profit for the first three quarters of 2025, projecting a range of 760 million to 800 million yuan, representing a year-on-year growth of 116% to 127% [1][3] - The growth is primarily attributed to the increasing demand in the AIoT (Artificial Intelligence of Things) market, driven by advancements in AI technology and expanding application scenarios [3][4] Financial Performance - The projected net profit attributable to the parent company is expected to rise by 408.29 million to 448.29 million yuan compared to the same period last year [1] - The expected net profit after deducting non-recurring gains and losses is forecasted to be between 735 million and 775 million yuan, with a year-on-year increase of 114% to 126% [1] Market Dynamics - The company noted a slight slowdown in growth during the third quarter due to market changes in DDR4 memory chips, which have shifted from supply shortages to price surges, prompting clients to transition to DDR5 solutions [3] - This transition is viewed as a positive short-term fluctuation, as the shift from DDR4 to DDR5 is seen as a necessary upgrade for the AIoT industry [3] Strategic Positioning - The impressive earnings forecast underscores the company's leading position and strategic foresight in the AIoT chip sector [4] - The company is capitalizing on opportunities in emerging fields such as automotive electronics, industrial intelligence, and robotics, showcasing strong growth potential [4]

Core Viewpoint - The company expects a significant increase in net profit for the first three quarters, projecting between 760 million to 800 million yuan, representing a year-on-year growth of 116% to 127% [1] Financial Performance - The projected net profit for the first three quarters is between 760 million to 800 million yuan [1] - Year-on-year growth in net profit is estimated at 116% to 127% [1] Stock Market Reaction - The company's stock closed at 195.25 yuan, down 4.63% on the day of the announcement [1] - The stock has seen a decline of 9.14% over the past five days [1] - Historical data shows that 77.14% of stocks with a profit forecast increase of over 50% saw price increases on the announcement day, with 8 stocks hitting the daily limit up [1] - 80% of these stocks experienced price increases over the following five days [1] Capital Flow - The stock experienced a net outflow of 182 million yuan in principal funds today, with a total net outflow of 524 million yuan over the past five days [1] - As of October 13, the margin trading balance was 2.201 billion yuan, with a financing balance of 2.187 billion yuan, reflecting a slight increase of 0.03% from the previous trading day [1] - The financing balance has decreased by 2.81% over the past five days [1] Institutional Ratings - In the past month, the stock has received buy ratings from two institutions [1] - The highest target price set by Southwest Securities is 288.00 yuan, as reported on September 23 [1]

Core Insights - The article highlights significant year-on-year profit growth for various companies in the first three quarters, with some reporting exceptionally high increases in net profit [1] Group 1: Companies with Exceptional Profit Growth - Xinda Co., Ltd. expects a net profit increase of 2807.87%-3211.74% year-on-year [1] - Shenghe Resources anticipates a net profit growth of 696.82%-782.96% year-on-year [1] - Jiantou Energy projects a net profit rise of 231.75% year-on-year [1] - Batian Co., Ltd. forecasts a net profit increase of 230.79%-260.15% year-on-year [1] - Bai'ao Intelligent expects a net profit growth of 158.04%-210.20% year-on-year [1] Group 2: Companies with Notable Profit Increases - Tongxing Technology anticipates a net profit increase of 154.30%-233.77% year-on-year [1] - Ruixin Microelectronics projects a net profit growth of 116%-127% year-on-year [1] - Yahua Group expects a net profit increase of 106.97%-132.84% year-on-year [1] - Suihengyun A anticipates a net profit rise of 87.83%-180.38% year-on-year [1] - Taishan Petroleum projects a net profit increase of 87%-125% year-on-year [1] Group 3: Companies with Moderate Profit Growth - Shandong Gold anticipates a net profit increase of 83.9%-98.5% year-on-year [1] - Lutai A expects a net profit growth of 70.23%-84.12% year-on-year [1] - Zongshen Power projects a net profit increase of 70%-100% year-on-year [1] - Zijang Enterprises anticipates a net profit rise of 70%-90% year-on-year [1] - Jinjiang Shipping expects a net profit increase of 62.72%-66.89% year-on-year [1] Group 4: Companies with Lower but Positive Profit Growth - Jieshun Technology anticipates a net profit increase of 58.11%-86.01% year-on-year [1] - Gibit expects a net profit growth of 57%-86% year-on-year [1] - Xindong Link expects a net profit increase of 56.43%-91.19% year-on-year [1] - Tongda Co., Ltd. (rights protection) anticipates a net profit increase of 50.01%-111.12% year-on-year [1] - Dongwu Securities projects a net profit growth of 50%-65% year-on-year [1] Group 5: Companies Reporting Turnaround - Yuanda Intelligent (rights protection) expects a net profit of 33.83 million to 50.73 million, marking a turnaround [1] - Luoxin Pharmaceutical (rights protection) anticipates a net profit of 22.70 million to 25.20 million, indicating a turnaround [1] - Zhongke Sanhuan expects a net profit of 80 million to 100 million, also indicating a turnaround [1]

Group 1 - Zhejiang China Commodity City Group Co., Ltd. reported a total operating revenue of 13.061 billion yuan for the first three quarters of 2025, a year-on-year increase of 23.07%, and a net profit attributable to shareholders of 3.457 billion yuan, up 48.45% [2] - In Q3 2025, Zhejiang China Commodity City achieved an operating revenue of 5.348 billion yuan, representing a 39% year-on-year growth, and a net profit of 1.766 billion yuan, which is a 100.5% increase compared to the same period last year [2] - Nanjing WoLe Home Furnishing Co., Ltd. reported total operating revenue of 1.055 billion yuan for the first three quarters of 2025, a 2.18% increase year-on-year, and a net profit of 138 million yuan, up 70.92% [2] Group 2 - Shandong Gold Mining Co., Ltd. expects a net profit attributable to shareholders of 3.8 billion to 4.1 billion yuan for the first three quarters of 2025, an increase of 1.73 billion to 2.03 billion yuan, representing a growth of 83.9% to 98.5% [3] - Shenghe Resources Holding Co., Ltd. anticipates a net profit of 740 million to 820 million yuan for the first three quarters of 2025, reflecting a year-on-year increase of 696.82% to 782.96% [3] - Rockchip Electronics Co., Ltd. projects a net profit of 760 million to 800 million yuan for the first three quarters of 2025, indicating a growth of 116% to 127% year-on-year [3] Group 3 - Xiamen Gigabit Network Technology Co., Ltd. forecasts a net profit of 1.032 billion to 1.223 billion yuan for the first three quarters of 2025, a year-on-year increase of 57% to 86% [4] - Shanghai Jinjiang Shipping (Group) Co., Ltd. expects a net profit of approximately 1.17 billion to 1.2 billion yuan for the first three quarters of 2025, reflecting a growth of 62.72% to 66.89% [4]

Group 1: Company Announcements - Mindray Medical plans to issue H-shares and list on the Hong Kong Stock Exchange, pending shareholder and regulatory approvals [1] - Shenghe Resources expects a net profit increase of 696.82% to 782.96% for the first three quarters of 2025, driven by favorable market demand and price increases for rare earth products [2] - Shandong Gold anticipates a net profit increase of 83.9% to 98.5% for the first three quarters of 2025, attributed to improved operational efficiency and rising gold prices [3] - Newray Materials reports significant stock price volatility, indicating potential market overreaction, although no fundamental changes have occurred [4] - Longbai Group's subsidiary has filed a lawsuit for technology infringement, with the amount involved totaling 1.311 billion yuan [5] - Chengdu Huami has launched a new RF transceiver chip, marking a significant breakthrough in its product line, although it is still in the early stages of market introduction [6] - Zhuhai Port has received approval from the CSRC to issue up to 1 billion yuan in technology innovation bonds [7] - Shengton Mining plans to acquire 100% of Canadian Loncor for approximately 1.9 billion USD, with core assets including a significant gold mining project in the Democratic Republic of Congo [8][9] Group 2: Financial Performance - Xiaogoods City reports a 100.52% increase in net profit for Q3 2025, with total revenue of 5.348 billion yuan, up 39.02% year-on-year [10] - Xianda Co. expects a net profit increase of 2807.87% to 3211.74% for the first three quarters of 2025, driven by rising prices of its main product [11] - Xianggang Technology anticipates a net profit increase of 182% to 200% for the first three quarters of 2025, supported by market expansion efforts [12] - Tongda Co. expects a net profit increase of 50.01% to 111.12% for the first three quarters of 2025, due to increased orders and delivery volumes [13] - Rockchip expects a net profit increase of 116% to 127% for the first three quarters of 2025, driven by growth in the AIoT market [14] - Jiantou Energy anticipates a net profit increase of 231.75% for the first three quarters of 2025, attributed to lower costs in its thermal power business [15] - Chongqing Steel expects a loss of 210 million to 230 million yuan for the first three quarters of 2025, an improvement from a loss of 1.35 billion yuan in the same period last year [16] - Yuanda Intelligent expects a net profit of 33.84 million to 50.74 million yuan for the first three quarters of 2025, recovering from a loss in the previous year [17] - China Metallurgical Group reports a 14.7% decline in new contracts signed in the first nine months of 2025, totaling 760.67 billion yuan, while overseas contracts increased by 10.1% [18]

报告期内，公司长期战略布局按预期推进。因应旗舰RK3588带领各AIoT算力平台在汽车电子、机器视 觉、工业应用及各类机器人市场持续渗透，公司营业收入快速增长，带动净利润同比增长 116%~127%。 由于DDR4存储芯片从供应短缺到价格暴涨，促使部分客户中高端AIoT产品向DDR5转型，方案调整时 间影响短期需求，导致三季度业绩增长略缓，随后会继续快速增长。 智通财经APP讯，瑞芯微(603893.SH)发布前三季度业绩预告，预计2025年前三季度实现归属于母公司 所有者的净利润7.6亿元至8亿元，与上年同期相比，将增加40,829万元到44,829万元，同比增长116%到 127%。 ...

Market Reactions - Xinlai Materials' stock price has deviated significantly from the ChiNext Composite Index, with a cumulative deviation exceeding 30% over two trading days, indicating potential market overheating despite no major changes in the company's fundamentals [3] - Longbai Group's subsidiary has filed a lawsuit for the infringement of trade secrets, with the amount involved totaling 1.311 billion yuan [4] Product Developments - Chengdu Huamei has successfully launched its first zero-intermediate frequency RF transceiver chip, which features a maximum bandwidth of 56MHz and is currently in the early stages of market introduction [5] Financial Performance - Xiaogoods City reported a 100.52% year-on-year increase in net profit for Q3 2025, with total revenue reaching 5.348 billion yuan, a 39.02% increase [8] - Xianda Co. expects a staggering net profit increase of 2807.87% to 3211.74% for the first three quarters of 2025, driven by rising market prices for its main product [9] - Shenghe Resources anticipates a net profit increase of 696.82% to 782.96% for the first three quarters of 2025, attributed to favorable market demand for rare earth products [10] - Xianggang Technology forecasts a net profit increase of 182% to 200% for the first three quarters of 2025, supported by ongoing market expansion efforts [12] - Tongda Co. expects a net profit increase of 50.01% to 111.12% for the first three quarters of 2025, driven by increased orders from its subsidiary [13] - Ruixin Microelectronics anticipates a net profit increase of 116% to 127% for the first three quarters of 2025, fueled by growth in the AIoT market [14] - Shandong Gold expects a net profit increase of 83.9% to 98.5% for the first three quarters of 2025, benefiting from improved operational efficiency and rising gold prices [15] - Jiantou Energy forecasts a net profit increase of 231.75% for the first three quarters of 2025, primarily due to lower coal prices and increased profitability from its power generation subsidiaries [16] - Chongqing Steel anticipates a loss of 210 million to 230 million yuan for the first three quarters of 2025, an improvement from a loss of 1.35 billion yuan in the same period last year [17] - Yuanda Intelligent expects to turn a profit with a net profit forecast of 33.84 million to 50.74 million yuan for the first three quarters of 2025, compared to a loss in the previous year [18] - China Metallurgical Group reported a 14.7% year-on-year decline in new contracts signed, totaling 760.67 billion yuan for the first nine months of 2025, while overseas contracts increased by 10.1% [19] Contracts and Financing - Jianglong Shipbuilding signed a sales contract worth 72.99 million yuan for a 600-ton law enforcement vessel, which is expected to enhance the company's market share and brand influence [21][22] - Energy-saving Guozhen's major shareholder plans to increase its stake by at least 2% within six months [24] - Jinhai Biological plans to raise up to 300 million yuan through a private placement to fund wastewater treatment and other projects [26]

瑞芯微电子股份有限公司 2025 年前三季度业绩预告 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： 瑞芯微电子股份有限公司（以下简称"公司"）预计 2025 年前三季度实 现归属于母公司所有者的净利润 76,000 万元到 80,000 万元，与上年同期相比， 将增加 40,829 万元到 44,829 万元，同比增长 116%到 127%。 预计 2025 年前三季度实现归属于母公司所有者的扣除非经常性损益的 净利润 73,500 万元到 77,500 万元，与上年同期相比，将增加 39,154 万元到 43,154 万元，同比增长 114%到 126%。 证券代码：603893 证券简称：瑞芯微 公告编号：2025-070 （一）归属于母公司所有者的净利润：35,171 万元。归属于母公司所有者的 扣除非经常性损益的净利润：34,346 万元。 （二）每股收益：0.84 元。 1 三、本期业绩变动的主要原因 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 9 月 3 ...

瑞芯微10月14日公告，预计前三季度归母净利润7.6亿元-8亿元，同比增长116%-127%。报告期内，公 司长期战略布局按预期推进。因应旗舰RK3588带领各AIoT算力平台在汽车电子、机器视觉、工业应用 及各类机器人市场持续渗透，公司营业收入快速增长，带动净利润同比增长116%-127%。 ...