研报掘金丨华西证券:维持艾比森“增持”评级,发布股票激励助力长期发展
Ge Long Hui A P P·2025-10-22 07:59

Core Viewpoint - The report from Huaxi Securities indicates that Absen's net profit attributable to shareholders for the first three quarters of 2025 reached 185 million yuan, representing a year-on-year increase of 57.33% [1] - The net profit for Q3 was 69 million yuan, showing a year-on-year growth of 138.55% but a quarter-on-quarter decline of 13.38% [1] - The performance aligns with market expectations, and the company has announced a restricted stock incentive plan aimed at enhancing long-term incentive mechanisms and attracting talent [1] Financial Performance - For the first three quarters of 2025, Absen's net profit attributable to shareholders was 185 million yuan, up 57.33% year-on-year [1] - In Q3 2025, the net profit was 69 million yuan, reflecting a year-on-year increase of 138.55% but a decrease of 13.38% compared to the previous quarter [1] Incentive Plan - On September 2025, the company announced a restricted stock incentive plan, which is expected to strengthen long-term incentive mechanisms [1] - The plan aims to attract talent and align the interests of shareholders, the company, and the core team, supporting long-term development [1] Earnings Forecast - Based on the Q3 report, Huaxi Securities has adjusted its earnings forecast for 2025-2027 [1] - The firm maintains an "overweight" rating on the stock [1]