证券时报·数据宝统计显示，今日公布2025年业绩预告公司中，截至发稿股价较为强势的有金安国纪、 毅昌科技等，股价分别上涨10.01%、9.96%。 资金面上看，华凯易佰近5日主力资金总体呈净流出状态，累计净流出1905.28万元，其中，上一交易日 主力资金全天净流出28.48万元。（数据宝） 华凯易佰股价出现异动，截至今日9时34分，股价大涨5.86%，成交848.60万股，成交金额1.13亿元，换 手率为2.43%，公司发布的最新业绩预告显示，预计2025年实现净利润1.32亿元—1.62亿元，净利润同 比下降4.80%—22.43%。 （文章来源：证券时报网） ...

2025年，预计公司实现营业收入约90亿元-92亿元，预计实现归属于上市公司股东的净利润约13,200万 元-16,200万元。其中，2025年第四季度，预计公司实现营业收入约22.60亿元-24.60亿元，环比增长约 2.54%-11.62%；预计实现归属于上市公司股东的净利润约8,259.37万元-11,259.37万元，环比增长约 552.11%-788.97%；预计实现归属于上市公司股东的扣除非经常性损益的净利润约6,882.04万元-9,882.04 万元，环比增长约530.81%-805.79%。 格隆汇1月21日丨华凯易佰(300592.SZ)公布，预计2025年归属于上市公司股东的净利润13,200万元— 16,200万元，比上年同期下降22.43%—4.80%，扣除非经常性损益后的净利润10,400万元—13,400万元， 比上年同期下降35.62%—17.05%。 ...

人民财讯1月21日电，华凯易佰（300592）1月21日披露业绩预告，预计2025年归母净利润约1.32亿元— 1.62亿元，同比下降4.8%—22.43%。公司自2024年第四季度起主动持续推进库存优化管理计划，对部分 滞销、过季或周转效率较低的商品进行集中促销，导致业绩阶段性承压。截至2025年第四季度末，公司 存货规模已通过高效管理显著下降，预计降至10亿元以内。伴随库存高企风险基本出清，公司经营质量 逐步回升，毛利率呈现修复态势。 ...

公告显示，公司自2024年第四季度起主动持续推进库存优化管理计划，对部分滞销、过季或周转效率较 低的商品进行集中促销，导致业绩阶段性承压。截至2025年第四季度末，公司存货规模已通过高效管理 显著下降，预计降至10亿元以内。伴随库存高企风险基本出清，公司经营质量逐步回升，毛利率呈现修 复态势。同时，公司通过持续深化AI管理工具应用、优化团队组织架构等举措，整体运营效率和成本 管控能力不断增强，为后续健康发展奠定了基础。 智通财经APP讯，华凯易佰(300592.SZ)披露2025年度业绩预告，公司预计归属于上市公司股东的净利润 1.32亿元至1.62亿元，同比下降4.8%至22.43%;扣除非经常性损益后的净利润1.04亿元至1.34亿元，同比 下降17.05%至35.62%。 ...

华凯易佰公告，预计2025年度归属于上市公司股东的净利润为1.32亿元—1.62亿元，同比下降 4.80%-22.43%；扣除非经常性损益后的净利润为1.04亿元—1.34亿元，同比下降17.05%-35.62%。预计 2025年营业收入为90亿元-92亿元。公司自2024年第四季度起主动持续推进库存优化管理计划，对部分 滞销、过季或周转效率较低的商品进行集中促销，导致业绩阶段性承压。 ...

证券代码：300592 证券简称： 华凯易佰 公告编号：2026-002 华凯易佰科技股份有限公司 2025年度业绩预告 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、本期业绩预计情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日 二、与会计师事务所沟通情况 公司已就本次业绩预告有关事项与会计师事务所进行预沟通，公司与会计师事 务所在业绩预告相关财务数据方面不存在分歧。本次业绩预告相关的财务数据未经 会计师事务所审计。 三、业绩变动原因说明 2025 年，预计公司实现营业收入约 90 亿元-92 亿元，预计实现归属于上市公司 股东的净利润约 13,200 万元-16,200 万元。其中，2025 年第四季度，预计公司实现营 业收入约 22.60 亿元-24.60 亿元，环比增长约 2.54%-11.62%；预计实现归属于上市公 司股东的净利润约 8,259.37 万元-11,259.37 万元，环比增长约 552.11%-788.97%；预 计实现归属于上市公司股东的扣除非经常性损益的净利润约 6,882.04 万 ...

Market Overview - The internet e-commerce sector experienced a decline of 1.46% on January 13, with Qingmu Technology leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Stock Performance - Notable stock performances included: - Saiwei Times (301381) closed at 22.94, up 0.88% with a trading volume of 114,200 shares and a transaction value of 265 million [1] - ST Yigou (002024) closed at 1.66, up 0.61% with a trading volume of 350,700 shares and a transaction value of 57.89 million [1] - Qingmu Technology (301110) closed at 93.10, down 5.97% with a trading volume of 126,800 shares and a transaction value of 1.239 billion [2] Capital Flow - The internet e-commerce sector saw a net outflow of 506 million from main funds, while retail investors contributed a net inflow of 508 million [2] - Detailed capital flow for selected stocks showed: - Liren Lizhuang (605136) had a main fund net inflow of 14.37 million, while retail investors had a net inflow of 1.06 million [3] - ST Yigou (002024) had a main fund net inflow of 7.48 million, but a significant retail outflow of 1.40 million [3]

Market Performance - The internet e-commerce sector increased by 5.51% on January 12, with 壹网壹创 leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up 1.09%, while the Shenzhen Component Index closed at 14366.91, up 1.75% [1] Stock Highlights - 壹网壹创 (300792) closed at 42.18, with a rise of 20.00% and a trading volume of 363,000 shares [1] - 青木科技 (301110) saw a closing price of 99.01, up 17.51% with a trading volume of 146,300 shares [1] - 凯淳股份 (301001) closed at 35.75, increasing by 13.10% with a trading volume of 97,200 shares [1] - 焦点科技 (002315) closed at 58.30, up 9.44% with a trading volume of 136,350 shares [1] - 华凯易佰 (300592) closed at 13.22, increasing by 8.81% with a trading volume of 544,900 shares [1] Capital Flow - The internet e-commerce sector experienced a net inflow of 134 million yuan from institutional investors, while retail investors contributed a net inflow of 71.76 million yuan [2] - Retail funds saw a net outflow of 206 million yuan from speculative funds [2] Individual Stock Capital Flow - 壹网壹创 had a net inflow of 78.46 million yuan from institutional investors, but a net outflow of 64.39 million yuan from retail investors [3] - 青木科技 experienced a net inflow of 55.07 million yuan from institutional investors, with a net outflow of 55.08 million yuan from retail investors [3] - 凯淳股份 had a net inflow of 34.29 million yuan from institutional investors, while retail investors saw a net outflow of 19.22 million yuan [3]

Investment Rating - The report maintains a "Positive" outlook for the retail industry, indicating a potential return exceeding 5% relative to market benchmarks [8][12]. Core Insights - The report highlights that AI applications are rapidly evolving, with 2026 expected to mark a commercial turning point for the industry. Key developments include significant IPOs and strategic acquisitions in the AI sector, which are anticipated to drive growth in retail [8]. - The integration of AI in cross-border e-commerce and e-commerce services is emphasized, with specific companies identified as beneficiaries of this trend. The report suggests that AI tools can enhance operational efficiency across various segments of the retail industry [3][8]. Summary by Sections AI and Cross-Border E-commerce - AI is expected to create new traffic entry points for B2B platforms, transitioning from SEO to GEO. Companies like Xiaogoods City and Focus Technology are leveraging AI tools to improve operational efficiency and customer engagement [3][8]. - Xiaogoods City has over 30,000 merchants utilizing AI applications, with usage exceeding 1 billion times [8]. - Focus Technology reported a membership penetration rate of over 50% for its AI services [8]. AI and E-commerce Services - The report notes that e-commerce platforms are shifting from SEO to GEO, with third-party (TP) companies gaining advantages through AI tools that analyze consumer preferences [8]. - Companies such as Qingmu Technology and Yiwang Yichuang are developing proprietary technologies to support AI applications in e-commerce operations [8]. - Qingmu Technology has created a suite of tools to adapt to evolving AI technologies, while Yiwang Yichuang is building a dedicated team to enhance its competitive edge in the market [8].

Group 1 - The internet e-commerce sector increased by 3.1% on January 9, with Qingmu Technology leading the gains [1] - The Shanghai Composite Index closed at 4120.43, up 0.92%, while the Shenzhen Component Index closed at 14120.15, up 1.15% [1] - Key stocks in the internet e-commerce sector showed significant price increases, with Qingmu Technology rising by 12.30% to a closing price of 84.26 [1] Group 2 - The net inflow of main funds in the internet e-commerce sector was 4.4 million yuan, while retail investors saw a net inflow of 16.4 million yuan [2] - The stock "Jiaodian Technology" had a main fund net inflow of 1.12 billion yuan, but experienced a net outflow from retail and speculative funds [3] - "Xinxinda" had a main fund net inflow of 23.27 million yuan, while retail investors faced a significant net outflow of 22.19 million yuan [3]