每经AI快讯，有投资者在投资者互动平台提问：贵司无人机产品是否与腾盾科创存在深度合作？ 西菱动力（300733.SZ）9月10日在投资者互动平台表示，公司与腾盾现阶段不存在深度合作。 （记者 王晓波） ...

Group 1 - The company is currently developing components for humanoid robots, including harmonic reducers and joint modules [2] - The production line for these components is still under construction [2]

Core Insights - The company reported a revenue of 865 million yuan for the first half of 2025, representing a year-on-year growth of 19.66% [1] - The net profit attributable to shareholders reached 56 million yuan, with a significant increase of 130.08% year-on-year [1] - Basic earnings per share were 0.18 yuan, reflecting a growth of 129.52% compared to the previous year [1] Revenue Breakdown - The revenue is primarily divided into two categories: engine components and aviation components [1] - Engine components revenue was 770 million yuan, showing a year-on-year increase of 15.39%, with a gross margin of 16.00%, up by 0.43 percentage points [1] - Within engine components, the turbocharger assembly generated 451 million yuan, growing by 11.79% year-on-year [1] - Traditional engine components (camshaft assembly, connecting rod assembly, and crankshaft damper products) saw revenue of 318 million yuan, up by 20.92% year-on-year due to increased sales volume from new customers and improved capacity utilization [1] - Aviation components revenue was 73 million yuan, with a remarkable growth of 86.80% and a gross margin of 40.47%, up by 11.48 percentage points [1] Business Expansion - The aviation components segment has initiated a new drone assembly business, capitalizing on the growing market potential in both military and civilian applications [2] - The company held a groundbreaking ceremony for its first drone assembly project in March 2025, marking its entry into the drone assembly sector [2] - The robot components business is identified as a strategic development direction, with comprehensive investments in design, manufacturing, research and development, and talent acquisition [2] - A joint laboratory was established with the Zhejiang Humanoid Robot Innovation Center to focus on key technology research and application in the robotics field [2] Profit Forecast - The profit forecast for the company is maintained at 136 million yuan, 190 million yuan, and 262 million yuan for the years 2025 to 2027 [2] - The company is committed to precision manufacturing and strategic development in the robot components sector, maintaining a "buy" rating [2]

据证券之星公开数据整理，近期西菱动力（300733）发布2025年中报。截至本报告期末，公司营业总收 入8.65亿元，同比上升19.66%，归母净利润5585.95万元，同比上升130.08%。按单季度数据看，第二季 度营业总收入4.77亿元，同比上升41.99%，第二季度归母净利润3485.7万元，同比上升146.16%。本报 告期西菱动力应收账款上升，应收账款同比增幅达31%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率18.57%，同比增11.91%，净利率7.53%，同比增 65.23%，销售费用、管理费用、财务费用总计4739.19万元，三费占营收比5.48%，同比减6.54%，每股 净资产5.47元，同比增4.85%，每股经营性现金流-0.28元，同比减203.91%，每股收益0.18元，同比增 129.52% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 7.23亿 | 8.65亿 | - 19.66% | | 归母净利润(元) | 2427.8万 | 5585.95万 | 130.08% ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% within the next six months [5]. Core Insights - The company achieved a revenue of 865 million yuan in H1 2025, representing a year-on-year increase of 19.66%, and a net profit attributable to shareholders of 56 million yuan, up 130.08% year-on-year [1][2]. - The company's gross margin improved to 18.57%, an increase of 1.97 percentage points year-on-year, while the net profit margin rose to 7.53%, up 2.97 percentage points year-on-year [2]. - The traditional automotive parts segment saw revenue growth of 20.92% year-on-year, totaling 318 million yuan, driven by increased sales volume from new customers and improved capacity utilization [2]. - The turbocharger assembly segment benefited from rising installation rates in economical and hybrid vehicles, generating 451 million yuan in revenue, a year-on-year increase of 11.79% [2]. - The civil aviation business experienced significant growth, with revenue reaching 73 million yuan, up 86.80% year-on-year, supported by increasing demand for domestic aircraft orders [2]. - The company is strategically expanding into the robotics sector, focusing on harmonic reducers and joint modules, and has established a joint laboratory with a leading robotics company to enhance its technological capabilities [3]. Financial Summary - The company forecasts revenues of 2.335 billion yuan for 2025, with a projected net profit of 145 million yuan, reflecting a growth rate of 185.83% compared to 2024 [4][13]. - The earnings per share (EPS) is expected to increase from 0.17 yuan in 2024 to 0.47 yuan in 2025, with a corresponding price-to-earnings (P/E) ratio of 46.38x for 2025 [4][13]. - The gross margin is projected to improve from 15.4% in 2024 to 17.8% in 2025, while the net profit margin is expected to rise from 2.9% to 6.2% over the same period [13].

2025年8月26日，西菱动力(300733.SZ)发布2025年半年度报告。截至2025年8月25日，共有12个机构投 资者披露持有西菱动力A股股份，合计持股量达2486.01万股，占西菱动力总股本的8.13%。其中，前十 大机构投资者包括中国银行股份有限公司-华夏行业景气混合型证券投资基金、前海人寿保险股份有限 公司-分红保险产品、华夏基金管理有限公司-社保基金四二二组合、平安银行股份有限公司-华夏远见成 长一年持有期混合型证券投资基金、前海人寿保险股份有限公司-分红保险产品华泰组合、中国工商银 行股份有限公司-易方达新兴成长灵活配置混合型证券投资基金、中国银行股份有限公司-华泰保兴吉年 丰混合型发起式证券投资基金、华泰保兴吉年利、长城核心优势混合A、富荣福锦混合A，前十大机构 投资者合计持股比例达8.06%。相较于上一季度，前十大机构持股比例合计上涨了2.94个百分点。 对于社保基金，本期较上一期持股增加的社保基金共1个，即华夏基金管理有限公司-社保基金四二二组 合，持股增加占比达0.15%。 公募基金方面，本期较上一期持股增加的公募基金共计1个，即华夏行业景气混合，持股增加占比小幅 上涨。本期较上一季 ...

Group 1 - The company did not distribute cash dividends, issue bonus shares, or increase capital from reserves during the reporting period [2] - The company reported no changes in the controlling shareholder or actual controller during the reporting period [3] - The company achieved a total operating income of 318.33 million yuan from its automotive parts business, representing a year-on-year growth of 20.92% [3] Group 2 - The civil aviation business continued to grow, with military products experiencing a year-on-year recovery, resulting in an operating income of 73.41 million yuan, a year-on-year increase of 86.80% [3] - The turbocharger assembly generated an operating income of 451.37 million yuan, reflecting a year-on-year growth of 11.79% [3]

Core Viewpoint - Xiling Power (300733.SZ) reported a significant increase in both revenue and net profit for the first half of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company achieved an operating income of 865 million yuan, representing a year-on-year growth of 19.66% [1] - The net profit attributable to shareholders reached 55.86 million yuan, showing a remarkable year-on-year increase of 130.08% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 50.73 million yuan, reflecting a year-on-year growth of 140.95% [1] - Basic earnings per share were reported at 0.1827 yuan [1]

格隆汇8月25日丨西菱动力(300733.SZ)公布2025年半年度报告，上半年公司实现营业收入8.65亿元，同 比增长19.66%；归属于上市公司股东的净利润5585.95万元，同比增长130.08%；归属于上市公司股东的 扣除非经常性损益的净利润5073.23万元，同比增长140.95%；基本每股收益0.1827元。 ...

1.应收票据、应收账款、合同资产及其他应收款 证券代码：300733 证券简称：西菱动力 公告编号：2025-067 成都西菱动力科技股份有限公司 关于 2025 年半年度计提信用及资产减值准备的公告 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。 根据《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范运作》 及《企业会计准则》的规定，出于谨慎性原则，为了更加真实、准确地反映公司的资 产及财务状况，成都西菱动力科技股份有限公司（简称"公司"）2025 年半年度对合 并报表范围内的应收账款、应收票据、其他应收款、存货、合同资产等各项资产进行 了减值测试，并根据测试结果计提了信用减值损失及资产减值损失，具体情况如下： 一、本次计提信用及资产减值准备概述 公司及下属子公司对可能发生减值的应收票据、应收账款、其他应收款、合同资 产、存货等资产进行减值测试后，2025 年半年度计提各项减值准备合计 9,648,234.40 元， 收回或转回合计 11,206,911.16 元，营业利润增加 1,558,676.76 元。具体情况如下： 单位：元 | 计提资 ...