领益智造：人形机器人商业化加速，预测Q4一致预期营收506.10~603.58亿元

Core Viewpoint - The company is expected to achieve significant revenue and profit growth in Q4 2025, with projected revenue between 50.61 billion to 60.36 billion RMB, representing a year-on-year increase of 14.5% to 36.5%, and net profit between 2.41 billion to 3.14 billion RMB, indicating a growth of 37.2% to 79.1% [1][7]. Financial Forecast - The consensus forecast for Q4 2025 includes: - Revenue: 50.61 billion to 60.36 billion RMB, with an average estimate of 52.37 billion RMB, showing an 18.5% year-on-year growth [3][9]. - Net Profit: 2.41 billion to 3.14 billion RMB, with an average estimate of 2.55 billion RMB, reflecting a 45.6% year-on-year increase [3][9]. - The median revenue forecast is 51.65 billion RMB, with a 16.8% growth, and the median net profit forecast is 2.51 billion RMB, with a 43.1% growth [3][9]. Business Development - The company is advancing in the humanoid robot sector through technological iterations and deep strategic partnerships with global leaders, enhancing production automation and integrating consumer electronics with robotics [4][10]. - The company has developed production design capabilities for humanoid robot dexterous hands, transitioning from component supply to complete assembly, which is expected to expand market opportunities and improve production efficiency [5][10]. - The company has diversified since its establishment in 2006, expanding from die-cutting to various sectors including consumer electronics, photovoltaics, new energy vehicles, and humanoid robots, achieving a global presence [11].