Investment Rating - The report maintains a rating of "Accumulate" for the company [5] Core Insights - The company's 2025 performance forecast meets expectations, driven by technology empowerment, breakthroughs in key industries and clients, overseas improvements, government subsidies, and asset sales contributing to significant growth [2][12] - The expected net profit attributable to shareholders for 2025 is projected to be between 267 million and 334 million yuan, representing a year-on-year growth rate of 30% to 62.5% [12] - The report highlights the focus on mid-to-high-end positions and the continuous efficiency improvements driven by AI technology [12] Financial Summary - Total revenue is forecasted to grow from 9,778 million yuan in 2023 to 14,581 million yuan in 2025, reflecting a compound annual growth rate (CAGR) of 23.7% [4] - Net profit attributable to shareholders is expected to increase from 201 million yuan in 2023 to 305 million yuan in 2025, marking a significant recovery with a growth rate of 48.6% [4] - Earnings per share (EPS) is projected to rise from 1.02 yuan in 2023 to 1.55 yuan in 2025 [4] Market Data - The target price for the company's stock is set at 40.80 yuan [5] - The stock has a market capitalization of 6,048 million yuan, with a 52-week price range of 21.14 to 38.60 yuan [6] Performance Metrics - The report anticipates a net asset return (ROE) of 13.6% for 2025, indicating improved profitability [4] - The price-to-earnings (P/E) ratio is projected to decrease from 30.16 in 2023 to 19.82 in 2025, suggesting a more attractive valuation as earnings grow [4]

公 司 研 聚焦中高端及科技，业绩改善明显 科锐国际(300662) 科锐国际 2025 年报业绩预告点评 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 刘越男(分析师) | 021-38677706 | liuyuenan@gtht.com | S0880516030003 | | 于清泰(分析师) | 021-38022689 | yuqingtai@gtht.com | S0880519100001 | 本报告导读： 公司 2025 年业绩预告符合预期，科技赋能效率提升，关键行业和客户突破，海外改 善以及政府补贴及资产出售等因素共同推动业绩高增长。 | 52 周内股价区间(元) | 21.14-38.60 | | --- | --- | | 总市值(百万元) | 6,048 | | 总股本/流通A股(百万股) | 197/196 | | 流通 B股/H 股(百万股) | 0/0 | [Table_Balance] 资产负债表摘要(LF) | 股东权益(百万元) | 2,172 | | --- | --- | | 每股 ...

社会服务 | 证券研究报告 — 业绩评论 2026 年 1 月 30 日 300662.SZ 买入 原评级：买入 市场价格:人民币 30.73 板块评级:强于大市 股价表现 (%) 今年 至今 1 个月 3 个月 12 个月 绝对 19.1 23.7 8.2 52.1 相对深圳成指 15.7 18.1 3.8 11.3 发行股数 (百万) 196.81 流通股 (百万) 196.28 (8%) 10% 28% 46% 65% 83% Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 科锐国际 深圳成指 | 总市值 (人民币 百万) | 6,047.86 | | --- | --- | | 3 个月日均交易额 (人民币 百万) | 172.73 | | 主要股东（%） | | | 霍尔果斯泰永康达创业投资有限公司 | 29.4186 | 资料来源：公司公告， Wind ，中银证券 以 2026 年 1 月 29 日收市价为标准 相关研究报告 《科锐国际》20250908 《科锐国际》202411 ...

Group 1 - Core viewpoint: Zhongyin Securities has issued a "buy" rating for Core International (300662.SZ) based on strong profit growth expectations and operational efficiency improvements driven by technology and specialization [1] - Performance forecast indicates significant profit growth potential for the company [1] - The company's business is expected to benefit from continuous operational efficiency improvements [1] Group 2 - The nuclear power construction boom has led to high demand for equipment manufacturers, with orders already scheduled until 2028 [1] - Employees are working in three shifts, and production lines are operating 24 hours a day to meet the demand [1]

Group 1: ON RRP Liquidity Management - The report introduces the ON RRP (Overnight Reverse Repurchase Agreement) tool, which is a mechanism used by the Federal Reserve to manage liquidity by selling securities to qualified counterparties and agreeing to repurchase them the next day [3] - Since its introduction in 2013, ON RRP has played a crucial role in maintaining the minimum interest rate level in the market during periods of excess liquidity, with its scale growing from hundreds of billions to over $2.5 trillion at its peak in 2022 [4] - The report discusses the potential for a similar tool in China, suggesting that while the need for such a mechanism is not strong due to the current liquidity conditions, it could serve as a supplement to existing interest rate corridor mechanisms [4] Group 2: DingTong Technology - DingTong Technology forecasts a revenue of approximately 1.593 billion yuan for 2025, representing a year-on-year growth of about 54.37%, and a net profit of 242 million yuan, up 119.59% [6][8] - The growth is attributed to the rapid increase in demand for high-speed optical modules and the penetration of liquid cooling technologies, indicating a dual increase in both volume and price [6][8] - The company’s product range includes high-speed connectors used in data centers and communication devices, with significant upgrades in transmission speeds from 56G to 112G and 224G [8] Group 3: GuoCi Materials - GuoCi Materials is a leading manufacturer of MLCC (Multi-Layer Ceramic Capacitor) materials, with expected revenue from this segment to reach 624 million yuan in 2024, driven by demand from the automotive, AI, and robotics sectors [12][13] - The catalytic materials segment is poised for growth due to upgraded emission standards, with projected revenue of 787 million yuan in 2024, benefiting from domestic substitution opportunities [14] - The precision ceramics segment is also expanding, with expected revenue of 351 million yuan in 2024, supported by the increasing demand for low-orbit satellite applications [15] Group 4: Core Insights on KeRui International - KeRui International's traditional offline business is performing well, with a significant increase in flexible staffing and high-end talent recruitment, showing a revenue growth of 29.31% in the first half of 2025 [19] - The HeWa platform has seen substantial growth, with operational positions reaching 46,700 and a 73% increase in offer generation year-on-year [20] - The Mira Agent, an AI-driven recruitment tool, has streamlined the talent matching process, reducing the time from two days to a few minutes, enhancing operational efficiency [21]

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，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 1、业绩预告期间：2025年1月1日至2025年12月31日 2、业绩预告情况：□亏损 □扭亏为盈 √同向上升 □同向下降 （1）以区间数进行业绩预告的 ■ 注：本表数据为公司合并财务报表数据，本表中的"万元"指人民币万元。 二、与会计师事务所沟通情况 本次业绩预告相关数据是公司财务部门初步核算的结果，未经会计师事务所审计。公司已就本次业绩预 告有关事项与会计师事务所进行了预沟通，双方在本次业绩预告方面不存在重大分歧，具体数据以最终 审计结果为准。 三、业绩变动原因说明 1、报告期内，公司构建了以数智科技为驱动，涵盖中高端人才访寻、招聘流程外包、岗位外包、独立 顾问、人力资源咨询等在内的一站式人才供应链解决方案，为客户提供从诊断、匹配、交付至管理的全 周期人才服务支持，助力企业实现组织能力与业务的协同升级。在国内，公司积极把握科技创新及产业 融合所带来的人才需求机遇，通过整合全球分支机构招聘资源与"禾蛙"平台的生态连接能力，多业务场 景协同、 ...

报告期内，公司构建了以数智科技为驱动，涵盖中高端人才访寻、招聘流程外包、岗位外包、独立顾 问、人力资源咨询等在内的一站式人才供应链解决方案，为客户提供从诊断、匹配、交付至管理的全周 期人才服务支持，助力企业实现组织能力与业务的协同升级。在国内，公司积极把握科技创新及产业融 合所带来的人才需求机遇，通过整合全球分支机构招聘资源与"禾蛙"平台的生态连接能力，多业务场景 协同、线上与线下联动，不断完善大客户整体解决方案，不断在重点商圈与细分岗位领域取得突破，带 来各条业务产品线的同时增长；在海外，随着市场逐步回暖及业务布局结构的不断完善，出海业务与海 外本土化业务收入和利润贡献也逐步提升。 格隆汇1月29日丨科锐国际(300662.SZ)公布，预计2025年归属于上市公司股东的净利润26,695.50万元– 33,369.37万元，比上年同期增长30.00%-62.50%，扣除非经常性损益后的净利润14,475.38万元–21,149.26 万元，比上年同期增长6.46%-54.52%。 ...

科锐国际（300662）(300662.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2.67亿 元至3.37亿元，同比增长30.00%-62.50%;扣除非经常性损益后的净利润1.45亿元至2.11亿元，同比增长 6.46%-54.52%。 ...

智通财经APP讯，科锐国际(300662.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 2.67亿元至3.37亿元，同比增长30.00%-62.50%;扣除非经常性损益后的净利润1.45亿元至2.11亿元，同比 增长6.46%-54.52%。 ...

证券代码：300662 证券简称：科锐国际 公告编号：2026-003 北京科锐国际人力资源股份有限公司 2025 年度业绩预告 1、报告期内，公司构建了以数智科技为驱动，涵盖中高端人才访寻、招聘 流程外包、岗位外包、独立顾问、人力资源咨询等在内的一站式人才供应链解决 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，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 1、业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日 2、业绩预告情况：□亏损 □扭亏为盈 ☑ 同向上升 □同向下降 | （1）以区间数进行业绩预告的 | | --- | | 项 目 | 本报告期 | 上年同期 | | --- | --- | --- | | | 2025 年 1 月 1 日-2025 年 12 月 31 日 | 2024 年 1 月 1 日-2024 年 12 月 31 日 | | 归属于上市公司股 | 盈利：26,695.50 万元–33,369.37 万元 | 盈利：20,535.00 万元 | | 东的净利润 | 比上年同期增长：30.00%-62.50% | | | 扣除 ...