Sou Hu Cai Jing·2026-02-06 09:48Core Viewpoint - The company, Times Electric, is set to release its 2025 annual report, with a net profit of 4.1053 billion yuan, reflecting a year-on-year growth of 10.88%, which is slightly below analysts' expectations of approximately 4.292 billion yuan [1] Group 1: Financial Performance - The company achieved an operating revenue of 28.76071 billion yuan, a year-on-year increase of 15.46% [2] - Operating profit reached 4.8559 billion yuan, up 13.30% year-on-year [2] - Total profit amounted to 4.8834 billion yuan, growing 13.13% year-on-year [2] - The net profit attributable to shareholders was 4.10535 billion yuan, with a year-on-year growth of 10.88% [2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 3.90877 billion yuan, reflecting a year-on-year increase of 21.18% [2] - Basic earnings per share were 3.00 yuan, up 14.50% year-on-year [2] - The weighted average return on net assets was 9.84%, an increase of 0.53 percentage points year-on-year [2] Group 2: Asset and Equity Position - Total assets at the end of the reporting period were 72.12374 billion yuan, an increase of 11.30% from the beginning of the period [3] - Equity attributable to shareholders was 42.49567 billion yuan, growing 2.33% from the beginning of the period [3] - The net asset value per share attributable to shareholders was 31.29 yuan, an increase of 6.00% from the beginning of the period [3] Group 3: Market Analysis and Predictions - The main business of Times Electric includes the research, design, manufacturing, sales, and related services of rail transit equipment products [5] - A research team from Northeast Securities has a high prediction accuracy of 81.61% over the past three years, forecasting a net profit of 4.291 billion yuan for 2025, with a predicted PE ratio of 17.92 based on the current price [5] - In the last 90 days, one institution has given a buy rating for the stock, with an average target price of 65.17 yuan [6]