| 报告日期 | 机构筒称 | 研究员 | 近三年业绩 | 研报数 覆盖时长 | 2024预测 | 2025预测 | 2026预测 | 目标价 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 预测准确度 | | 净利润(元) | 净利润(元) | 净利润(元) | (元) | | 2025-04-10 | 国盛证券 宋嘉吉 | | | | 9500.00万 | 2.04亿 | 3.09亿 | | | 2025-02-26 | 民生证券 邓永康 | | | | 9500.00万 | 2.04亿 | 3.35 Z | | | 2024-10-29 野村东方国际证券 | | 马晓明 | | | 1.50亿 | 2.07亿 | 2.92亿 | 23.94 | | 2024-08-28 | 方正证券 | 郭彦辰 | | | 1.82 Z | 2.71亿 | 3.54Z | | | 2024-07-21 | 天风证券 孙潇雅 | | | | 1.91亿 | 2.67 亿 | 3.54Z | 21.50 | | 2024-05-31 | 浙 ...

证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为5.01%，资本回报率一般。去年的净 利率为13.95%，算上全部成本后，公司产品或服务的附加值高。融资分红：公司上市6年以来，累计融 资总额15.88亿元，累计分红总额6.65亿元，分红融资比为0.42。商业模式：公司业绩主要依靠营销驱 动。需要仔细研究这类驱动力背后的实际情况。 分析师工具显示：证券研究员普遍预期2025年业绩在5.05亿元，每股收益均值在2.17元。 据证券之星公开数据整理，近期昊海生科(688366)发布2025年一季报。截至本报告期末，公司营业总收 入6.19亿元，同比下降4.25%，归母净利润9031.21万元，同比下降7.41%。按单季度数据看，第一季度 营业总收入6.19亿元，同比下降4.25%，第一季度归母净利润9031.21万元，同比下降7.41%。本报告期 昊海生科公司应收账款体量较大，当期应收账款占最新年报归母净利润比达77.11%。 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率69.52%，同比增0.44%，净利率13.55%， 同比减5.36%，销售费用、管理费用、财务费用总计2.72亿元，三费 ...

财报体检工具显示：建议关注公司应收账款状况(应收账款/利润已达362.52%) 本次财报公布的各项数据指标表现不尽如人意。其中，毛利率11.1%，同比减13.54%，净利率3.65%， 同比减33.29%，销售费用、管理费用、财务费用总计3782.31万元，三费占营收比4.31%，同比增 22.21%，每股净资产6.74元，同比增3.04%，每股经营性现金流-0.18元，同比增0.86%，每股收益0.05 元，同比减46.19% 最近有知名机构关注了公司以下问题： 证券之星价投圈财报分析工具显示：业务评价：公司去年的ROIC为5.71%，资本回报率一般。去年的净 利率为5.02%，算上全部成本后，公司产品或服务的附加值一般。偿债能力：公司现金资产非常健康。 融资分红：公司上市15年以来，累计融资总额12.37亿元，累计分红总额10.04亿元，分红融资比为 0.81。商业模式：公司业绩主要依靠研发驱动。需要仔细研究这类驱动力背后的实际情况。 据证券之星公开数据整理，近期金洲管道(002443)发布2025年一季报。截至本报告期末，公司营业总收 入8.78亿元，同比下降15.34%，归母净利润2625.73万元， ...

Financial Performance - Company reported total revenue of 421 million yuan for Q1 2025, a year-on-year increase of 14.6% [1] - Net profit attributable to shareholders reached 60.90 million yuan, up 42.3% year-on-year [1] - Gross margin improved to 39.18%, an increase of 2.1% compared to the previous year [1] - Net margin increased to 14.23%, reflecting a year-on-year growth of 24.18% [1] - Total expenses (selling, administrative, and financial) amounted to 67.65 million yuan, accounting for 16.08% of revenue, down 17.33% year-on-year [1] Key Financial Ratios - Earnings per share (EPS) rose to 0.25 yuan, a 42.34% increase year-on-year [1] - Operating cash flow per share improved to -0.03 yuan, a significant increase of 90.27% year-on-year [1] - Return on Invested Capital (ROIC) for the previous year was 12.55%, indicating strong capital returns [3] - The net profit margin for the previous year was 15.46%, suggesting high added value in products or services [3] Debt and Cash Flow - Company maintains a healthy cash position with total monetary funds of 482 million yuan, an increase of 11.86% year-on-year [1] - Accounts receivable increased to 743 million yuan, reflecting a 20.39% rise year-on-year [1] - Interest-bearing debt rose to 50.41 million yuan, a 46.36% increase compared to the previous year [1] Market Position and Investment Insights - Company has cumulatively raised 1.599 billion yuan since its listing, with total dividends amounting to 354 million yuan, resulting in a dividend-to-financing ratio of 0.22 [3] - Analysts expect the company's revenue for 2025 to reach 324 million yuan, with an average EPS forecast of 1.35 yuan [3] Fund Holdings - The largest fund holding in the company is the Xin'ao Star Smart Selection Mixed A, with 25,600 shares held [4] - The fund has seen a recent increase in value, with a 23.49% rise over the past year [4]

据证券之星公开数据整理，近期新北洋(002376)发布2025年一季报。截至本报告期末，公司营业总收入 4.96亿元，同比上升21.05%，归母净利润492.38万元，同比上升127.15%。按单季度数据看，第一季度 营业总收入4.96亿元，同比上升21.05%，第一季度归母净利润492.38万元，同比上升127.15%。本报告 期新北洋公司应收账款体量较大，当期应收账款占最新年报归母净利润比达1395.48%。 本次财报公布的各项数据指标表现尚佳。其中，毛利率26.75%，同比减7.91%，净利率2.41%，同比增 214.92%，销售费用、管理费用、财务费用总计6894.14万元，三费占营收比13.9%，同比减18.03%，每 股净资产4.8元，同比增6.4%，每股经营性现金流-0.05元，同比减24.57%，每股收益0.01元，同比增 121.55% | 基金筒称 | 基金代码 | 持有股数 | 持仓变动 | 数据来源 | | --- | --- | --- | --- | --- | | 招商国证2000指数增强A | 018786 | 13.34万股 | 新进十大 | 2025基金Q1季报 | | ...

Financial Performance - The company reported total revenue of 290 million yuan for Q1 2025, a decrease of 8.04% year-on-year [1] - The net profit attributable to shareholders was 53.26 million yuan, down 47.04% compared to the same period last year [1] - The gross margin was 49.41%, reflecting a decline of 5.43% year-on-year, while the net profit margin dropped to 18.62%, down 42.21% [1] - Total expenses (selling, administrative, and financial) amounted to 55.56 million yuan, representing 19.17% of total revenue, an increase of 94.99% year-on-year [1] - Earnings per share decreased to 0.42 yuan, a decline of 47.04% year-on-year [1] Financial Ratios and Metrics - The company's return on invested capital (ROIC) was 11.55%, indicating average capital returns [3] - The net profit margin for the previous year was 25.2%, suggesting high added value for products or services [3] - The company has a healthy cash asset position, with a significant amount of cash on hand [3] - The ratio of accounts receivable to profit reached 80.67%, indicating a need for attention in accounts receivable management [3] Shareholder Information - The company has raised a total of 1.098 billion yuan since its listing and has distributed 489 million yuan in dividends, resulting in a dividend-to-financing ratio of 0.45 [3] - The estimated dividend yield is 5.23% [3] - The largest fund holding shares in the company is the Industrial Bank Specialized New Mixed A Fund, which has increased its holdings to 190,200 shares [3]

据证券之星公开数据整理，近期福赛科技(301529)发布2024年年报。截至本报告期末，公司营业总收入 13.32亿元，同比上升40.17%，归母净利润9765.15万元，同比上升16.05%。按单季度数据看，第四季度营 业总收入3.91亿元，同比上升26.79%，第四季度归母净利润4561.76万元，同比上升90.32%。本报告期福 赛科技公司应收账款体量较大，当期应收账款占最新年报归母净利润比达532.94%。 该数据高于大多数分析师的预期，此前分析师普遍预期2024年净利润为盈利9750万元左右。 | 报告日期 机构简称 研究员 近三年业绩 研报数 覆盖时长 | | 2024预测 | 2025预测 净利润（元） 净利润（元） 净利润（元） (元) | 2026预测 | 目标价 | | --- | --- | --- | --- | --- | --- | | 2024-10-28 华创证券 张程航 | | 9000.00万 | 1.78亿 | 2.6317 | 41.90 | | 2024-04-30 华金证券 | 育 | 1.0547 | 1.34亿 | 1.59亿 | | 财报体检工具显示：建议关注 ...

Core Viewpoint - Hongxin Technology (301539) reported a mixed performance in its Q1 2025 financial results, with revenue growth but a decline in net profit [1] Financial Performance - Total revenue for Q1 2025 reached 248 million yuan, an increase of 11.17% year-on-year [1] - Net profit attributable to shareholders was 10.18 million yuan, a decrease of 21.36% year-on-year [1] - Gross margin stood at 12.39%, down 8.5% year-on-year, while net margin was 4.11%, down 29.27% year-on-year [1] - Total expenses (selling, administrative, and financial) amounted to 12.32 million yuan, accounting for 4.97% of revenue, an increase of 17.1% year-on-year [1] - Earnings per share were 0.07 yuan, a decrease of 41.67% year-on-year [1] Financial Ratios and Metrics - Return on Invested Capital (ROIC) for the previous year was 6.49%, indicating average capital returns [2] - The net profit margin for the previous year was 4.87%, suggesting low added value for products or services [2] - Cash flow situation is concerning, with cash and cash equivalents to current liabilities at only 27.15% [3] - The average operating cash flow over the past three years to current liabilities is 18.73% [3] Accounts Receivable - Accounts receivable reached 444.98% of net profit, indicating a significant amount of outstanding payments [1][3] Financing and Dividends - Since its IPO, the company has raised a total of 394 million yuan and distributed dividends totaling 29.6 million yuan, resulting in a dividend-to-financing ratio of 0.08 [2]

Core Viewpoint - Rujing Technology (301525) reported strong financial performance for Q1 2025, with significant year-on-year increases in revenue and net profit, indicating improved profitability and operational efficiency [1] Financial Performance - Total revenue for Q1 2025 reached 351 million yuan, a year-on-year increase of 19.42% compared to 294 million yuan in Q1 2024 [1] - Net profit attributable to shareholders was 52.86 million yuan, up 22.53% from 43.14 million yuan in the same period last year [1] - Gross margin improved to 25.79%, reflecting a 10.02% increase year-on-year, while net margin rose to 15.06%, up 2.6% [1] - Operating expenses totaled 11.23 million yuan, accounting for 3.2% of revenue, which is a significant increase of 126.4% year-on-year [1] Key Financial Ratios - Earnings per share (EPS) increased to 0.56 yuan, a rise of 21.74% from 0.46 yuan [1] - The company's return on invested capital (ROIC) was reported at 4.8%, indicating a relatively low capital return rate [3] - The net profit margin for the previous year was 12.97%, suggesting high added value in products or services [3] Asset and Liability Management - Cash and cash equivalents decreased to 22.39 billion yuan, down 9.90% from the previous year [1] - Accounts receivable increased to 423 million yuan, a rise of 27.96% year-on-year [1] - Interest-bearing liabilities decreased significantly to 8.40 million yuan, down 34.62% [1] Market Position and Investor Sentiment - Rujing Technology has attracted significant interest from various funds, with notable new positions taken by several funds in Q1 2025 [4] - The largest holding fund, Guotai Intelligent Equipment Stock A, has a scale of 894 million yuan and has shown a year-on-year increase of 8.69% [4]

据证券之星公开数据整理，近期众合科技(000925)发布2024年年报。截至本报告期末，公司营业总收入 20.24亿元，同比下降12.96%，归母净利润2436.03万元，同比下降57.67%。按单季度数据看，第四季度营 业总收入9.24亿元，同比下降5.17%，第四季度归母净利润1.12亿元，同比上升31.28%。本报告期众合科 技公司应收账款体量较大，当期应收账款占最新年报归母净利润比达4453.97%。 | 项目 | 2023年年报 | 2024年年报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 23.25 乙 | 20.24亿 | -12.96% | | 归母净利润(元) | 5754.66万 | 2436.03万 | -57.67% | | 扣非净利润(元) | 3472.37万 | -3538.48万 | -201.90% | | 货币资金(元) | 9.97亿 | 18.69 B | 87.45% | | 应收账款(元) | 12.67亿 | 10.85 Z | -14.36% | | 有息负债 (元) | 18.62亿 | 25.25 乙 | ...