ZHUHAI COSMX(SH:688772) Nan Fang Du Shi Bao·2025-10-20 09:53Core Viewpoint - Zhuhai Guanyu Battery Co., Ltd. expects significant revenue and profit growth for the first three quarters of 2025, with a projected revenue increase of 19.73% to 22.07% and net profit growth of 36.88% to 55.54% compared to the same period last year [1][3]. Financial Performance - For the first three quarters of 2025, the expected revenue is between 10.198 billion and 10.398 billion yuan, compared to 8.517 billion yuan in the same period last year [2][3]. - The net profit attributable to shareholders is projected to be between 367 million and 417 million yuan, up from 268 million yuan year-on-year [2][3]. - In Q3 2025, the company anticipates revenue of 4.1 billion to 4.3 billion yuan, compared to 3.17 billion yuan in the same quarter last year [2][3]. Business Segments - The company primarily engages in the research, production, and sales of consumer batteries, with a comprehensive R&D and production system, making it a major supplier in the global consumer battery market [3][4]. - Consumer battery products include battery cells and PACK, serving applications in laptops, tablets, smartphones, wearable devices, consumer drones, smart cleaning appliances, and power tools [3][4]. - The company is also expanding into the power and energy storage battery sectors, focusing on high-rate scenarios for applications in automotive low-voltage systems, industry drones, and electric motorcycles [4]. Market Trends and Opportunities - In 2025, the company is capitalizing on opportunities in the consumer battery sector driven by AI trends, particularly in emerging electronic products like AI computers, AI smartphones, and smart wearables, with a 79.81% year-on-year increase in sales of other consumer lithium batteries [4]. - In the power and energy storage market, the company reported a 200.05% year-on-year revenue growth in the battery sector for industry drones [4]. - The subsidiary Zhejiang Guanyu achieved total revenue of 973 million yuan, reflecting a 139.8% year-on-year increase in the main power and energy storage business [4]. Analyst Insights - Analysts maintain a positive outlook on the company's performance in both consumer and power storage battery sectors, with particular attention to its advancements in humanoid robotics [5]. - Reports indicate that the company is actively engaging in multiple projects and technical collaborations in the humanoid robotics field, with established partnerships in low-voltage lithium batteries [5].