通润装备（002150） 2025 三季报点评：汇兑损失叠加海外项目延 迟致 Q3 业绩环降，全年有望持续高增 买入（维持） ◼ 汇率波动导致财务费用环增明显、合同负债大幅提升印证需求旺盛。 2025Q3 期间费用 1.82 亿元，同比-6.67%，环比+5.85%；费用率 20.62%， 同比-2.75pct，环比+1.56pct，其中财务费用达 0.11 亿元，财务费率达 1.23%，环比提升 2.65pct，主要系汇率波动叠加增加借款采购电芯所致； 经营性净现金流+0.06 亿元，同比-89.04%；2025Q3 末存货为 14.66 亿 元，同比+28.31%，2025Q3 末合同负债达 2.3 亿元，环比提升 1.7 亿元， 侧面印证公司需求旺盛。 ◼ 盈利预测与投资评级： 考虑传统工具业务出货同比略有下滑，我们略 微下调 2025 年盈利预测，基本维持 2026-2027 年盈利预测，我们预计 公司 2025-2027 年归母净利润为 2.8/3.9/5.2 亿元（前值为 3.0/3.9/5.2 亿 元），同增 29%/40%/32%，对应 PE 为 24/17/13 倍，给予 2026 年 25 ...

今日聚焦 1、北方稀土：前三季度净利润同比增长280% 稀土产品销量增加 北方稀土发布2025年三季报，第三季度营收为114.25亿元，同比增长33.32%；净利润6.1亿元，同比增 长69.48%。前三季度营收为302.92亿元，同比增长40.50%；净利润15.41亿元，同比增长280.27%。报告 期内，公司主要产品的销售价格同比升高，销量同比增加，毛利同比增加。 2、邮储银行：获准筹建金融资产投资公司 注册资本为100亿元 邮储银行公告，近日收到国家金融监督管理总局批复，同意本行筹建中邮金融资产投资有限公司。中邮 投资注册资本为人民币100亿元，将作为邮储银行全资一级子公司进行管理。筹建完成后，邮储银行将 申请开业。设立中邮投资旨在提升综合服务能力，通过市场化债转股及股权投资试点，支持科技创新和 民营企业，助力新质生产力发展，推动高质量发展。 3、赛力斯：本次H股发行的价格最高不超过每股131.5港元 赛力斯公告，公司本次全球发售H股基础发行股数为100200000股（视乎发售量调整权及超额配售权行 使与否而定），其中，初步安排香港公开发售10020000股（可予重新分配及视乎发售量调整权行使与否 而 ...

关于股东及其一致行动人减持股份预披露公告 股东珠海悦宁管理咨询合伙企业（有限合伙）及其一致行动人珠海康东股 权投资合伙企业（有限合伙）保证向公司提供的信息披露内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：002150 证券简称：通润装备 公告编号：2025-053 江苏通润装备科技股份有限公司 本公司及全体董事会成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 持有江苏通润装备科技股份有限公司（以下简称"公司"）股份 14,503,174 股（占公司总股本比例 3.99%）的珠海悦宁管理咨询合伙企业（有限合伙）（以 下简称"珠海悦宁"）及持有公司股份 17,825,853 股（占公司总股本比例 4.91%） 的珠海悦宁的一致行动人珠海康东股权投资合伙企业（有限合伙）（以下简称"珠 海康东"）计划在本公告披露之日起 15 个交易日后的三个月内以集中竞价方式、 大宗交易方式合计减持公司股份不超过 10,897,035 股，即不超过公司当前总股本 的 3.00%。 公司于 2025 年 10 月 27 日收到合计持股 5%以上股东珠海悦宁及其一致行动 人珠海康东出具的《关于股份 ...

南财智讯10月27日电，通润装备公告，持有公司股份14,503,174股（占公司总股本比例3.99%）的股东 珠海悦宁管理咨询合伙企业（有限合伙）及其一致行动人珠海康东股权投资合伙企业（有限合伙）（持 有公司股份17,825,853股，占公司总股本比例4.91%），计划在本公告披露之日起15个交易日后的三个 月内以集中竞价方式、大宗交易方式合计减持公司股份不超过10,897,035股，即不超过公司当前总股本 的3.00%。其中，珠海悦宁计划减持不超过5,448,517股（不超过公司总股本的1.50%），珠海康东计划 通过大宗交易方式减持不超过5,448,518股（不超过公司总股本的1.50%）。本次减持原因为自身资金需 求，减持期间为2025年11月19日至2026年2月18日（相关法规禁止减持期间除外）。 ...

Group 1 - The core viewpoint of the article highlights the financial performance of Tongrun Equipment in the third quarter of 2025, showcasing a positive growth trend in both revenue and net profit [1] Group 2 - In the third quarter of 2025, the company achieved operating revenue of 881,766,088.86 yuan, representing a year-on-year increase of 5.79% [1] - The net profit attributable to shareholders of the listed company was 39,407,263.59 yuan, reflecting a year-on-year growth of 29.64% [1]

Group 1 - The company Tongrun Equipment (SZ 002150) held its 25th meeting of the 8th board of directors on October 23, 2025, via telecommunication, where it reviewed the proposal for the Q3 2025 report [1] - For the first half of 2025, the revenue composition of Tongrun Equipment was as follows: 61.65% from photovoltaic energy storage equipment and components manufacturing, 37.82% from the metal products industry, and 0.53% from other businesses [1] - As of the report date, Tongrun Equipment has a market capitalization of 6.7 billion yuan [1] Group 2 - A notable transaction involved a well-known brand spending 170 million yuan to acquire 2,000 shares of a target company with a registered capital of only 10,000 Hong Kong dollars, which has not yet commenced operations, raising questions about the necessity of the acquisition [1]

格隆汇10月24日丨通润装备（维权）(002150.SZ)公布三季度报告，前三季营业收入25.9亿元，同比增长 6.14%，归属于上市公司股东的净利润1.37亿元，同比增长27.26%，归属于上市公司股东的扣除非经常 性损益的净利润1.1亿元，同比增长14.81%。 ...

Core Insights - Tongrun Equipment (002150) reported a third-quarter revenue of 882 million yuan, representing a year-on-year increase of 5.79% [1] - The net profit for the third quarter was 39.41 million yuan, showing a year-on-year growth of 29.64% [1] - For the first three quarters, the total revenue reached 2.59 billion yuan, with a year-on-year increase of 6.14% [1] - The net profit for the first three quarters was 137 million yuan, reflecting a year-on-year growth of 27.26% [1]

证券代码：002150 证券简称：通润装备 公告编号：2025-051 江苏通润装备科技股份有限公司 第八届董事会第二十五次会议决议公告 出席会议的董事审议并以记名投票的方式表决通过了以下议案： （一）审议通过《关于 2025 年第三季度报告的议案》。 表决结果：9 票同意、0 票反对、0 票弃权，表决通过。 本议案已经公司董事会审计委员会事前审议通过。 具体内容详见公司同日发布于巨潮资讯网（www.cninfo.com.cn）的《2025 年第三季度报告》。 三、备查文件 （一）第八届董事会第二十五次会议决议； （二）第八届董事会审计委员会 2025 年第四次会议决议。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 江苏通润装备科技股份有限公司（以下简称"公司"）第八届董事会第二十 五次会议于 2025 年 10 月 20 日以电子邮件方式发出通知，于 2025 年 10 月 23 日以通讯方式召开。本次董事会应出席董事 9 名，实际出席董事 9 名，会议由董 事长陆川先生主持。会议的召集、召开和表决程序符合《中华人民共和国公司法》 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥881,766,088.86, representing a year-on-year increase of 5.79%[4] - Net profit attributable to shareholders was ¥39,407,263.59, up 29.64% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses decreased by 29.67% to ¥19,861,500.71[4] - The basic earnings per share increased by 37.50% to ¥0.11, while diluted earnings per share also rose by 37.50% to ¥0.11[4] - Total revenue for the period reached ¥2,590,457,990.68, an increase of 6.14% compared to ¥2,440,496,411.23 in the previous period[17] - Net profit for the period was ¥182,399,211.99, representing a 21.88% increase from ¥149,652,288.55 in the previous period[18] - Earnings per share (EPS) increased to ¥0.38 from ¥0.30, reflecting a growth of 26.67%[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥5,184,362,545.58, reflecting a 3.31% increase from the end of the previous year[4] - Total current assets amount to ¥3,809,092,079.07, an increase from ¥3,621,064,186.64 at the beginning of the period[14] - Total liabilities amount to ¥2,916,373,915.05, up from ¥2,873,921,309.07[15] - Total non-current assets are valued at ¥1,375,270,466.51, slightly down from ¥1,397,265,251.30[14] - The total assets at the end of the reporting period are ¥5,184,362,545.58, compared to ¥5,018,329,437.94 at the beginning[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,772[11] - Zhejiang Chint Electric Co., Ltd. holds 24.54% of shares, totaling 89,129,262 shares[11] - The company has a total of 10 major shareholders, with the top 5 holding over 60% of the shares[11] - The total equity attributable to shareholders of the parent company increased to ¥2,025,266,260.66 from ¥1,900,063,152.88[16] Cash Flow - The net cash flow from operating activities showed a significant decline, amounting to -¥33,937,048.28, a decrease of 135.62%[4] - Cash flow from operating activities showed a net outflow of ¥33,937,048.28, compared to a net inflow of ¥95,281,418.95 in the previous period[22] - Net cash flow from investment activities was -45,912,775.51, slightly improved from -46,795,774.37 in the previous period[23] - Total cash inflow from financing activities was 568,333,654.63, down from 597,995,108.27 in the previous period[23] - Cash outflow for financing activities increased to 566,426,299.06 from 515,898,551.92 in the previous period[23] - Net cash flow from financing activities was 1,907,355.57, a significant decrease from 82,096,556.35 in the previous period[23] - The net increase in cash and cash equivalents was -62,524,813.94, compared to a positive increase of 138,863,902.58 in the previous period[23] - The ending balance of cash and cash equivalents was 973,626,258.30, down from 1,016,837,001.14 in the previous period[23] Other Financial Metrics - The company received government subsidies totaling ¥22,733,601.62 during the reporting period, contributing to its financial performance[5] - The company reported a significant increase in prepayments, which rose by 364.20% to ¥225,936,281.75, indicating increased procurement activities[9] - The company experienced a 279.52% increase in contract liabilities, totaling ¥170,795,683.10, reflecting higher advance payments received from customers[9] - Research and development expenses were ¥112,197,905.56, slightly up from ¥108,330,348.66 in the prior period[18] - Other comprehensive income attributable to the parent company was ¥5,906,708.97, down from ¥10,184,455.00 in the previous period[19] - The company reported a decrease in financial expenses, showing a net income of -¥16,620,105.76 compared to a positive income of ¥9,288,196.49 in the previous period[18] - The company has a goodwill of ¥220,885,238.72, unchanged from the previous period[14] Audit Information - The third quarter financial report was not audited[24]