南财智讯2月27日电，日联科技发布2025年度业绩快报，报告期内公司实现营业收入10.71亿元，同比增 长44.88%；归属于上市公司股东的净利润1.75亿元，同比增长21.81%；基本每股收益1.25元，同比增长 22.55%。 ...

Investment Rating - The report assigns a rating of "Buy" for the company [1]. Core Insights - The company exceeded revenue expectations for 2025 and provided guidance for 2026 indicating a growth of 16-18%. The core brand is expected to expand its market influence through product marketing investments and particularly through store expansions in Europe and North America [2][9]. Financial Summary - Total revenue projections for the company are as follows (in million USD): - 2025: 6,566 - 2026: 7,795 - 2027: 9,088 - 2028: 10,519 - Year-over-year growth rates are 26.7%, 18.7%, 16.6%, and 15.8% respectively [4]. - Gross profit and net profit attributable to the parent company are projected as follows (in million USD): - 2025: Gross Profit 680, Net Profit 427 - 2026: Gross Profit 921, Net Profit 604 - 2027: Gross Profit 1,120, Net Profit 754 - 2028: Gross Profit 1,317, Net Profit 901 - Year-over-year growth rates for net profit are 488.7%, 41.2%, 25.0%, and 19.5% respectively [4]. - The company’s Price-to-Earnings (PE) ratio is projected to decrease from 49.53 in 2025 to 23.49 in 2028, while the Price-to-Book (PB) ratio is expected to decline from 3.65 to 2.63 over the same period [4]. Market Data - The current stock price is $37.85, with a market capitalization of $20,955 million and a 52-week price range of $20.21 to $42.76 [5]. Performance Highlights - The company reported a 27% year-over-year revenue increase for 2025, surpassing previous guidance of 23-24%. The adjusted operating margin increased by 1.7 percentage points to 12.8%, exceeding prior guidance [9]. - In Q4 2025, revenue grew by 28%, with an adjusted operating margin of 12.5% [9]. - The company plans to open 25-30 new stores globally in 2026, focusing on North America and China [9]. Profitability Metrics - The report forecasts the following profitability metrics: - Operating margin for 2026 is expected to be around 13.1%-13.3% [9]. - The adjusted operating margin for the core brand in Q4 2025 was significantly improved to 25.9% [9]. Valuation Comparisons - The report includes a comparison of the company’s valuation with peers, indicating a PE ratio of 49.53 for 2025, which is higher than the average of comparable companies [10]. Future Outlook - The management expressed strong momentum in Q1 2026, particularly in the North American market, indicating a positive outlook for continued growth [9].

奥精医疗公告，2025年公司实现营业总收入2.24亿元，同比增长8.48%；实现归属于母公司所有者的净 利润1315.06万元，同比增长203.86%；报告期末公司总资产为15.64亿元，较期初增长1.64%，实现归属 于母公司所有者的扣除非经常性损益的净利润-91.5万元，较上年同期增长96.77%。 ...

乐鑫科技公告，2025年度实现营业收入25.65亿元，同比增长27.82%；营业利润5.07亿元，同比增长 51.83%；利润总额5.08亿元，同比增长52.47%；净利润4.98亿元，同比增长46.72%；扣除非经常性损益 后净利润4.55亿元，同比增长47.62%。 ...

C o m p a n y U p d a t e C h i n a R e s e a r c h D e p t . 2026 年 02 月 27 日 王睿哲 C0062@capital.com.tw 目标价(港币) 229 公司基本资讯 | 产业别 | 医药生物 | | --- | --- | | H 股价(2026/02/26) | 194.40 | | 恒生指数(2026/02/26) | 26,381.0 | | 股价 12 个月高/低 | 229/125.7 | | 总发行股数(百万) | 1,540.68 | | H 股数(百万) | 1,425.62 | | H 市值(亿元) | 1,718.23 | | 主要股东 | 安进(15.98%) | | 每股净值(元) | 2.68 | | 股价/账面净值 | 72.53 | | | 一个月 三个月 一年 | | 股价涨跌(%) | -3.76% -7.52% 35.47% | 近期评等 | 出刊日期 | 前日收盘 | 评等 | | --- | --- | --- | | 2025-11-12 | 197.4 | 买进 | ◼ 公司业绩：公司发 ...

泰凯英公告，预计公司2025年营业收入为25.81亿元，同比增长12.44%；净利润为1.74亿元，同比增长 10.90%；扣除非经常性损益的净利润为1.66亿元，同比增长10.02%；基本每股收益为0.9422元，同比增 长6.45%。 ...

并行科技公告，预计公司实现营业收入11.1亿元，同比增长69.56%；净利润为2181.12万元，同比增长 80.91%；扣除非经常性损益的净利润为951.86万元，同比增长91.98%；基本每股收益为0.37元，同比增 长76.19%。 ...

Group 1 - The company Aladdin (688179.SH) reported a revenue of 686 million yuan for the fiscal year 2025, representing a year-on-year growth of 28.66% [1] - The net profit attributable to the shareholders of the parent company reached 103 million yuan, showing a year-on-year increase of 4.75% [1] - The basic earnings per share (EPS) stood at 0.31 yuan [1]

智通财经APP讯，唯赛勃(688718.SH)发布2025年度业绩快报，报告期内，公司实现营业收入4.2亿元， 同比增长11.93%;实现归属于母公司所有者的净利润4610.66万元，同比增长19.48%。 报告期内，公司营业利润同比增长32.99%，利润总额同比增长33.16%，主要系报告期内，公司订单增 加，部分项目进入验收期，导致本期营业收入和利润有所增长。 ...

IMAX CHINA（01970）发布截至2025年12月31日止年度业绩，该集团取得收入1.02亿美元，同比增加 26.35%；公司拥有人应占年内利润3768.1万美元，同比增加69.6%；每股基本利润0.11美元。 公告称，收入增加是由于内容解决方案收入增加1840万美元、技术产品及服务收入增加220万美元及所 有其他收入增加70万美元。 IMAX CHINA（01970）发布截至2025年12月31日止年度业绩，该集团取得收入1.02亿美元，同比增加 26.35%；公司拥有人应占年内利润3768.1万美元，同比增加69.6%；每股基本利润0.11美元。 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 公告称，收入增加是由于内容解决方案收入增加1840万美元、技术产品及服务收入增加220万美元及所 有其他收入增加70万美元。 责任编辑：卢昱君 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...