Core Viewpoint - The report from Kaiyuan Securities highlights the impact of stock incentives on the company's expenses, leading to a downward revision of profit forecasts for 2026-2027 while maintaining a positive outlook on the company's core competitiveness in computing power services [1] Financial Performance - The company's stock closed at 164.98 yuan, reflecting a decline of 11.78% [1] - The revised net profit forecasts for the years 2025-2027 are 25 million, 35 million, and 49 million yuan, respectively, down from previous estimates of 54 million and 92 million yuan [1] - Corresponding earnings per share (EPS) are projected to be 0.41, 0.59, and 0.82 yuan per share for 2025, 2026, and 2027 [1] Valuation Metrics - The current price-to-sales (PS) ratios are estimated to be 10.4, 8.7, and 7.6 times for the years 2025, 2026, and 2027, respectively [1] Investment Rating - The report maintains an "overweight" rating on the company, indicating confidence in its growth potential in the intelligent computing cloud business, which is expected to grow by 151% year-on-year [1]
并行科技跌11.78% 开源证券昨日刚喊增持今天就跌