Zhejiang Jiecang Linear Motion Technology (SH:603583) Soochow Securities·2026-01-23 02:15Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Insights - The company has exceeded market expectations with its 2025 performance forecast, projecting a net profit attributable to shareholders of 395 to 437 million yuan, representing a year-on-year growth of 40% to 55% [7] - The company is enhancing its global core capacity layout and achieving steady growth in its linear drive business, with expected revenue growth of 20-30% year-on-year for 2026 [7] - The company is focusing on self-research to build a product line for robot components, which is anticipated to become a new growth driver [7] - The profit forecast for 2025-2027 has been revised upwards, with net profits projected at 416 million, 545 million, and 712 million yuan respectively, reflecting year-on-year growth of 47%, 31%, and 31% [7] Financial Summary - Total revenue is projected to reach 4,424 million yuan in 2025, with a year-on-year growth of 21.13% [1] - The net profit attributable to shareholders is expected to be 415.75 million yuan in 2025, with a year-on-year increase of 47.44% [1] - The latest diluted EPS is forecasted to be 1.08 yuan per share in 2025, with a corresponding P/E ratio of 35.71 [1]