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新劲刚(300629) - 2025年4月28日投资者关系活动记录表
2025-04-28 11:22
证券代码:300629 证券简称:新劲刚 广东新劲刚科技股份有限公司 投资者关系活动记录表 编号:2025-001 | 投资者关系活动类别 | ☐特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 业绩说明会 | | | ☐新闻发布会 ☐路演活动 | | | ☐现场参观 ☐其他(请文字说明其他活动内容) | | 参与单位名称及人员姓名 | 线上参与公司2024年度业绩说明会的投资者 | | 时间 | 2025年4月28日 15:00-17:00 | | 地点 | 价值在线(https://www.ir-online.cn/)网络互动 | | 上市公司接待人员姓名 | 董事长兼总经理 王刚 | | | 董事、副总经理 邹卫峰 | | | 财务总监 林鸿雁 | | | 董事会秘书 周一波 | | | 独立董事 张志杰 | | | 投资者关系总监兼全资子公司凯际智能总经理 王翀 | | | 保荐代表人 王雷 1.尊敬的王刚:我23元全仓买入新劲刚,买入的理由基于:公司 | | 投资者关系活动主要内容 | 多次在年报和互动平台上吹嘘订单充足,满负荷生产,每年增长率 | | | 不低于行业 ...
信科移动(688387):2024年年报点评:24业绩承压,创新赋能5G-A及卫星互联网
Minsheng Securities· 2025-04-28 09:08
信科移动(688387.SH)2024 年年报点评 24 业绩承压,创新赋能 5G-A 及卫星互联网 2025 年 04 月 28 日 ➢ 事件:公司发布 2024 年报,公司实现营业收入 64.91 亿元,较上年同期减 少 17.29%;归属于上市公司股东的净利润-2.79 亿元,较上年同期减亏约 0.79 亿元。实现归属于上市公司股东的扣除非经常性损益的净利润-4.27 亿元,较上 年同期减亏 1.39 亿元。 ➢ 公司业绩承压,经营现金流首次为正。2024 年,主要客户资本开支明显下 滑,市场有效需求不足,公司收入规模同比下降。同时,公司 2024 年继续保持 较高强度的研发投入水平,公司营业收入和毛利水平仍无法覆盖研发费用,导致 2024 年处于亏损状态。但公司 24 年实现经营现金流净额为 7.03 亿元,首次实 现经营现金流为正,公司运营质量持续改善。 ➢ 公司积极开展技术预研,加深产品护城河。公司作为我国 6G 推进组的核心 成员,持续开展 6G 无线技术预研,布局星地融合、内生智能、高精度定位等核 心技术方向,产品开发方面一体化基站巴西试点成功,实现国际市场突破;天馈 多款天线产品完成新版本释 ...
天银机电2024年报点评:收入稳中有增 雷达与航天电子业务发展有望进入修复上行周期|投研报告
Core Viewpoint - The company Tianyin Electromechanical (300342) is experiencing stable revenue growth, with its radar and aerospace electronics business expected to enter a recovery and upward cycle [1] Financial Performance - In 2024, the company reported operating revenue of 1.048 billion yuan, an increase of 0.63%, and a net profit attributable to shareholders of 90 million yuan, up 175.80% [2][3] - The gross profit margin was 23.74%, an increase of 0.63 percentage points, while the net profit margin reached 8.75%, up 5.51 percentage points [2] Business Segments - The company operates primarily in two segments: refrigerator compressor parts and radar and aerospace electronics [2] - In the refrigerator compressor parts segment, sales volume reached 337 million units, up 4.56%, and revenue was 640 million yuan, an increase of 16.44% [3] - The radar and aerospace electronics segment saw revenue decline to 407 million yuan, down 17.07%, but sales volume increased significantly by 60.62% [4] Cost Management and R&D - The company successfully reduced its operating expenses, with a three-expense ratio of 7.90%, down 0.10 percentage points [5] - R&D investment increased to 80.46 million yuan, up 0.67%, with the number of R&D personnel rising to 390, an increase of 13.04% [5] Industry Outlook - The radar and aerospace electronics segment is expected to benefit from the military industry entering an upward cycle and the acceleration of satellite internet construction [6][8] - The company anticipates stable performance in the refrigerator compressor parts business due to ongoing "old-for-new" policies, while the radar and aerospace electronics business is expected to support revenue and profit growth in 2025 [8] Investment Projections - Revenue projections for 2025-2027 are estimated at 1.172 billion yuan, 1.315 billion yuan, and 1.480 billion yuan, with net profits of 100 million yuan, 112 million yuan, and 125 million yuan respectively [9]
中航证券:首次覆盖天银机电给予买入评级
Zheng Quan Zhi Xing· 2025-04-27 13:13
Core Viewpoint - Tianyin Electromechanical's 2024 financial report shows stable revenue growth and potential recovery in radar and aerospace electronics business, leading to a "buy" rating from analysts [1][2]. Financial Performance - The company reported a revenue of 1.048 billion yuan, an increase of 0.63%, and a net profit of 90 million yuan, up 175.80% [2][3]. - The net profit for Q4 2024 was 35 million yuan, marking a turnaround from losses in the previous year [3]. - The gross margin improved to 23.74%, an increase of 0.63 percentage points, while the net margin rose to 8.75%, up 5.51 percentage points [2]. Business Segments - **Refrigerator Compressor Parts**: - Revenue from this segment reached 640 million yuan, a growth of 16.44%, with sales volume at 337 million units, up 4.56% [3][4]. - This segment remains the primary revenue source, accounting for 61.11% of total revenue [3]. - **Radar and Aerospace Electronics**: - Revenue decreased to 407 million yuan, down 17.07%, due to order delays and internal adjustments [4]. - Sales volume increased significantly by 60.62% to 1,346 units, and gross margin improved to 31.23% [4]. Cost Management and R&D - The company achieved a reduction in operating expenses, with the expense ratio at 7.90%, down 0.10 percentage points [4]. - R&D investment increased to 80.46 million yuan, up 0.67%, with the number of R&D personnel rising by 13.04% to 390 [4]. Cash Flow and Inventory - Operating cash flow decreased to 96 million yuan, down 46.59%, while inventory increased to 441 million yuan, up 6.64% [5]. - Inventory turnover days improved to 192.50 days from 216.29 days, indicating enhanced operational efficiency [5]. Industry Outlook - The radar and aerospace electronics sector is expected to benefit from the military industry entering an upcycle and the acceleration of satellite internet construction [5][6]. - The radar simulation and testing business is projected to recover due to the long-term growth of the domestic military radar market [6]. - The ultra-wideband signal application business is anticipated to see increased demand as military applications expand [6]. Future Projections - Revenue forecasts for 2025-2027 are 1.172 billion yuan, 1.315 billion yuan, and 1.480 billion yuan, with net profits of 100 million yuan, 112 million yuan, and 125 million yuan respectively [8]. - The company is expected to maintain a strong growth trajectory in both its core segments, supported by ongoing R&D efforts and market demand [8].
商道创投网·会员动态|星移联信连续完成Pre-A+轮、A轮融资融资
Sou Hu Cai Jing· 2025-04-27 10:40
Core Insights - Xingyi Lianxin has successfully completed Pre-A+ and A round financing, with funds aimed at satellite communication payload R&D and low-orbit satellite networking [2][3] - The company focuses on satellite internet, providing design and solutions for communication satellite payload systems [2] - The founder emphasizes the goal of building an integrated space-ground business system and enhancing technology development and product production [3] Company Overview - Xingyi Lianxin was established in December 2021 and specializes in satellite communication payload systems and solutions [2] - The company has demonstrated advanced capabilities in space-ground integrated communication network R&D, achieving significant milestones in compliance with 3GPP 5G NTN standards [2] - The company is expanding its business into satellite constellation planning, data applications, and terminal development [2] Investment and Market Potential - The recent financing round is supported by notable investors including Meihua Venture Capital and Liangxi Science and Technology Industry Mother Fund [2][3] - Investors recognize Xingyi Lianxin's strong technical capabilities and innovation in the satellite communication sector, particularly in low-orbit satellite networking [3] - The supportive policy environment for commercial aerospace in China is seen as beneficial for the growth of companies like Xingyi Lianxin [3]
通信行业周报:AI上游业绩高兑现,美团AI需求渐起
KAIYUAN SECURITIES· 2025-04-27 03:23
通信 2025 年 04 月 27 日 投资评级:看好(维持) 行业走势图 数据来源:聚源 -29% -14% 0% 14% 29% 43% 2024-04 2024-08 2024-12 通信 沪深300 | 蒋颖(分析师) | 雷星宇(联系人) | 陈光毅(联系人) | | --- | --- | --- | | jiangying@kysec.cn | leixingyu@kysec.cn | chenguangyi@kysec.cn | | 证书编号:S0790523120003 | 证书编号:S0790124040002 | 证书编号:S0790124020006 | 国内外 AI 算力产业链持续兑现,一季度业绩全面亮眼 国内:(1)AI 芯片:海光信息 2025Q1 合同负债金额达 32.37 亿元,同比增 长 113510.65%;(2)AI 服务器&电源:华勤技术 2025Q1 实现营收 349.98 亿 元,同比增长 115.65%;欧陆通 2025Q1 实现归母净利润 0.50 亿元,同比增 长 59.06%;(3)AI 光模块:华工科技 2025Q1 实现归母净利润 4.1 亿元,同 比 ...
睿创微纳(688002)每日收评(04-25)
He Xun Cai Jing· 2025-04-25 08:48
睿创微纳688002 时间: 2025年4月25日星期五 44.13分综合得分 偏弱 趋势方向 主力成本分析 55.68 元 60日主力成本 周期内涨跌停 当日主力成本 53.70 元 5日主力成本 56.11 元 20日主力成本 56.80 元 过去一年内该股 涨停 2次 跌停 0 次 北向资金数据 | 持股量655.39万股 | 占流通比1.46% | | --- | --- | | 昨日净买入-66.74万股 | 昨日增仓比-0.149% | | 5日增仓比-0.286% | 20日增仓比-0.284% | 技术面分析 中期压力位 51.83 中期支撑位 股价突破短期压力位,短线有望走强; 目前中期趋势不慎明朗,静待主力资金选择方向 K线形态 ★红三兵★ 54.10 短期压力位 51.83 短期支撑位 62.03 每日收盘价上移,表示可能见底回升 资金流数据 2025年04月25日的资金流向数据方面 | 主力资金净流出259.69万元 | | --- | | 占总成交额0% | | 超大单净流出908.25万元 | | 大单净流入648.56万元 | | 散户资金净流入580.41万 | 关联行业/概念 ...
晨报|隐债置换/钨价上行
中信证券研究· 2025-04-25 00:09
裘翔|中信证券首席A股策略师 S1010518080002 策略|"国家队"未曾减持ETF 2023年10月以来,中央汇金通过增持ETF有效稳定资本市场预期、提振投资者信心。 根据公募基金23Q4-25Q1季度披露的持有人数据,汇金持有的ETF份额未曾出现环比 净减少的情况,诸如"汇金通常在市场阶段性上涨后卖出"等传言与实际情况完全不 符。2025年4月以来,汇金持有的ETF获明显的资金净流入,且结构上更加均衡。我 们认为,A股也是中国贸易战中提振信心的关键环节,应充分相信国家维护资本市场 稳定的决心。同时,本文汇总了对这一揽子ETF资金流的跟踪测算方式,供投资者参 考。 风险因素:一揽子ETF的净申赎、成交量、净买入水平估算方式并非汇金实际净申赎 数据,与中央汇金实际增持情况存在误差。 明明|中信证券首席经济学家 S1010517100001 债市启明|二季度隐债置换规模与区域占比 化债资金前置发行的背景下,一季度地方债发行规模创新高,合计发行2.84万亿元, 其中化债资金1.4万亿元,包括1.3万亿元置换隐债专项债和1172亿元特殊新增专项 债。但从新增地方债的角度看,一季度发行新增一般债2791亿元,新 ...
晨报|隐债置换/钨价上行
中信证券研究· 2025-04-25 00:09
化债资金前置发行的背景下,一季度地方债发行规模创新高,合计发行2.84万亿元, 其中化债资金1.4万亿元,包括1.3万亿元置换隐债专项债和1172亿元特殊新增专项 债。但从新增地方债的角度看,一季度发行新增一般债2791亿元,新增专项债9602亿 元,节奏同比有所加快,但相对其余年份而言仍有差距。展望二季度,当前已公布发 行地方债合计规模约2.23万亿元,在"自审自发"试点落地后,新增债发行有望加速, 也可期待土储专项债的增量发行和化债资金的继续落地。配置角度,当前地方债利差 相对较高,流动性虽有改善,但仍低于市场平均水平,适合负债端稳定的配置机构进 行参与。 风险因素:监管政策超预期收紧;央行货币政策超预期;个别信用事件冲击等。 敖翀|中信证券 金属行业首席分析师 S1010515020001 裘翔|中信证券首席A股策略师 S1010518080002 策略|"国家队"未曾减持ETF 2023年10月以来,中央汇金通过增持ETF有效稳定资本市场预期、提振投资者信心。 根据公募基金23Q4-25Q1季度披露的持有人数据,汇金持有的ETF份额未曾出现环比 净减少的情况,诸如"汇金通常在市场阶段性上涨后卖出"等传 ...
国内首届具身智能机器人运动会在无锡市举行;“千帆星座”完成五批次发射;七部门开展“人工智能赋能医药全产业链”应用试点——《投资早参》
Mei Ri Jing Ji Xin Wen· 2025-04-24 23:58
Market News - US stock indices rose for the third consecutive trading day, with the Dow Jones up 1.23%, S&P 500 up 2.03%, and Nasdaq up 2.74%. Tech stocks saw significant gains, with Tesla, Amazon, and Microsoft rising over 3%, while Google and Meta increased by more than 2% [1] - International oil prices strengthened, with WTI crude oil closing at $62.77 per barrel (up 0.80%) and Brent crude at $66.51 per barrel (up 0.59%). Gold prices rebounded significantly, with spot gold rising 1.83% to $3347.95 per ounce and COMEX gold futures up 2.04% to $3361.30 per ounce [1] Industry Insights - The first Embodied Intelligence Robot Games will be held in Wuxi from April 24 to 26, featuring various competitions and a focus on the development of the embodied intelligence robot industry. The goal is to exceed a market scale of 30 billion yuan within three years, with an increase in industry cluster enterprises to 200 [2] - The Ministry of Industry and Information Technology and six other departments issued a plan for the digital transformation of the pharmaceutical industry from 2025 to 2030, emphasizing the integration of artificial intelligence. This initiative aims to shorten drug approval times by approximately 40% to 8 years, with significant growth expected in the AI pharmaceutical sector [3] - China's low-orbit satellite constellation "Qianfan" has completed five batches of satellite launches and is entering a phase of regular deployment. The satellite internet industry in China is projected to grow from 31.4 billion yuan in 2022 to 44.7 billion yuan by 2025, with a compound annual growth rate of 11% [4][5] - Alipay announced a new "100 Billion Merchant Support Plan" to boost business growth for merchants, which includes free upgrades of cash register equipment and special consumption subsidies. The "Tap" feature has already covered over 400 cities and connected with more than 5,000 brands [6] Risk Alerts - Weiming Pharmaceutical announced that its subsidiary Tianjin Weiming has been suspended from production and sales, which could significantly impact the company's operations. If production does not resume within three months, further risks may arise [7] - ST Tianyu reported potential issues with its 2024 financial statements, which may lead to a risk warning for its stock trading due to unresolved disputes and internal control deficiencies [7] - Jiangyan Group announced a plan for a major shareholder to reduce its stake in the company by up to 12.85 million shares, representing 2% of the total share capital [7] - Huilun Crystal received a notice from the China Securities Regulatory Commission regarding an investigation for suspected violations of information disclosure laws [8]