菲利华(300395.SZ)：预计2025年净利润同比增长31.12%～50.22%

Core Viewpoint - The company, Feiliwa (300395.SZ), expects a significant increase in net profit for 2025, driven by recovery in the aerospace sector and growth in the semiconductor industry [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is between 412 million and 472 million yuan, representing a year-on-year growth of 31.12% to 50.22% [1] - The net profit after deducting non-recurring gains and losses is expected to be between 370 million and 430 million yuan, indicating a growth of 40.04% to 62.75% compared to the previous year [1] - Non-recurring gains and losses are estimated to impact net profit by approximately 42 million yuan, primarily from government subsidies and investment income, compared to 50 million yuan in the same period last year [1] Market Dynamics - The company maintains a focus on its core business and is seizing market opportunities to enhance its competitive edge [1] - The recovery in demand within the aerospace sector and the ongoing growth in the semiconductor industry, driven by domestic substitution, are key factors contributing to the company's performance [1]