10月30日，立讯精密（002475）发布2025年第三季度业绩报告。数据显示，公司前三季度业绩表现超预 期增长，并购整合与核心业务协同成效显著。此外，公司于同日披露了全年业绩预告，向市场释放了其 对业绩持续增长的信心。 核心数据表现亮眼外延扩张战略收效显著 报告期内，公司实现营业收入2209.15亿元，同比增长24.69%，在规模持续扩大的同时保持高质量增长 态势；归母净利润115.18亿元，同比增长26.92%，不仅高于此前业绩预告中25%的增速上限，且利润增 速跑赢营收增速，反映出公司盈利能力的进一步优化。扣非净利润虽处于预期中值，但整体业绩表现已 超出市场普遍预期。 除了直观的财务收益以外，公司业绩增长的背后，则是"内生外延"双轮驱动战略的深度落地。报告期 内，立讯精密已基本完成对莱尼相关资产及闻泰ODM/OEM资产的收购，且整合成效快速显现。 具体来看，莱尼作为全球第四大汽车线束供应商，其在汽车高压线束、智能座舱布线等领域的技术积 累，与立讯精密在汽车电子领域的布局形成深度互补，叠加海外产能网络，有望将为公司汽车业务带来 稳定的营收增量。而闻泰的ODM/OEM业务则凭借成熟的客户资源与制造体系，与立 ...

瑞财经 吴文婷10月30日，立讯精密发布2025年年度业绩预告。 根据公告，公司预计实现归属于上市公司股东的净利润约165.18亿元-171.86亿元，同比增长 23.59%-28.59%；归属于上市公司股东的扣除非经常性损益的净利润约138.42亿元-148.10亿元，同比增 长18.36%-26.64%。 同时， 公司将继续推动多元化业务的拓展，加大在AI端侧硬件、数据中心高速互联、热管理、智能汽 车、机器人等新兴领域的战略投入，构建更具弹性的业务矩阵，为全体股东带来长期、稳健的回报。 | 项目 | | 本报告期 | | | 上年同期 | | --- | --- | --- | --- | --- | --- | | 归属于上市公司 | | 1.651.809.83 | - | 1,718,638.08 | 1.336,565.10 | | 股东的净利润 | 比上年同 期增长 | 23.59% | - | 28.59% | | | 扣除非经常性损 | | 1,384,183.47 | - | 1,481,011.72 | | | 益后的净利润 | 比上年同 | 18.36% | - | 26.64% | ...

扬子晚报网10月31日讯(记者范晓林)今天是周五，昨天时空科技（605178）7连板，亚士创能 （603378）5连板，瑞尔特（002790）、合富中国（603122）、德龙汇能（000593）3连板，常铝股份 （002160）、格尔软件（603232）6天4板。沪指失守4000点。沪深两市成交额2.42万亿，较上一个交易 日放量1656亿。盘面上，市场热点较为杂乱，全市场4100只个股下跌。板块方面，能源金属、钢铁、量 子科技、电池等板块涨幅居前。 A.利好精选 美股三大指数集体收跌，纳指跌1.57%，标普500指数跌0.99%，道指跌0.23%。Meta跌超11%，为三年 以来最大单日跌幅，创6月份以来新低。特斯拉跌超4%，亚马逊跌逾3%，微软、英伟达跌超2%，奈飞 跌超1%；谷歌涨超2%，苹果小幅上涨。临床阶段生物技术公司Metsera Inc.(MTSR)大涨超22%，创上市 以来新高。美股数字货币概念股下跌，嘉楠科技跌超9%，Coinbase Global、MARA Holdings跌超5%。 佰维存储(688525.SH)发布2025年第三季度报告，第三季度营收为26.63亿元，同比增长68.06 ...

Core Viewpoint - Luxshare Precision (002475.SZ) expects a net profit attributable to shareholders of 16.518 billion to 17.186 billion yuan for 2025, representing a year-on-year growth of 23.59% to 28.59% [1] Group 1 - The company will continue to deepen its globalization strategy and leverage overseas production bases to respond flexibly to regional market demands [1] - Luxshare aims to provide resilient and cost-effective global manufacturing solutions [1] - The company plans to expand its diversified business, increasing strategic investments in emerging fields such as AI hardware, data center high-speed interconnect, thermal management, smart vehicles, and robotics [1]

Investment Rating - The investment rating for the company is "Buy" [1] Core Views - The company has demonstrated robust performance with a Q3 revenue of 20.702 billion yuan, reflecting a year-on-year increase of 19.24% and a quarter-on-quarter increase of 30.23%. The net profit attributable to the parent company reached 1.7 billion yuan, up 12.58% year-on-year and 138.10% quarter-on-quarter [2][3] - The company is well-positioned in the consumer electronics market, benefiting from a strong product cycle driven by major clients. The global smartphone market saw a 4% year-on-year increase in Q3 2025, with Apple leading the growth at 9% [3] - The company is expanding into new business areas, particularly in AI hardware and humanoid robotics, establishing itself as a core supplier in these emerging markets [3] Financial Summary - For the first three quarters of 2025, the company achieved a total revenue of 53.663 billion yuan, a year-on-year increase of 16.08%. The net profit attributable to the parent company was 2.843 billion yuan, up 19.91% year-on-year [2] - The company forecasts net profits of 5.094 billion yuan, 7.057 billion yuan, and 8.063 billion yuan for 2025, 2026, and 2027 respectively, with corresponding P/E ratios of 32.00, 23.10, and 20.22 [3][4] - The projected revenue for 2025 is 90.526 billion yuan, with a year-on-year growth rate of 29.5% [4]

Core Viewpoint - The company, Lens Technology, has established a leading position in the AI hardware sector and is actively involved in the development of next-generation AI hardware products [1] Group 1: Company Positioning - The company has been a pioneer in AI hardware development and has formed close partnerships with leading global AI platform companies [1] - As a core supplier, the company is deeply engaged in the prototype development and design phase of new AI hardware products, providing essential functional modules and precision manufacturing solutions [1] Group 2: Collaboration and Development - The company's development team has a long-standing collaborative relationship with clients' core hardware teams, allowing for deep involvement from the early stages of research and development [1] - The company leverages its advantages in R&D design, lean production, and vertical supply chain integration to meet the explosive demand for hardware upgrades and complete assembly services in the AI era [1]

Group 1 - The company expects to achieve an operating income of approximately 714 million yuan for the first three quarters of 2025, representing a year-on-year increase of about 103.50% [3] - The net profit attributable to the parent company for the same period is projected to be around 107.5 million yuan, marking a significant turnaround from a loss in the previous year [3] - The net profit after deducting non-recurring gains and losses is estimated to be about 63.5 million yuan, also indicating a substantial improvement compared to the previous year's loss [3][5] Group 2 - The growth in performance is attributed to the continuous improvement of the upstream 3D visual perception industry chain and the accelerated expansion of downstream application scenarios [6] - The company has successfully turned around its operating profit due to effective cost control and enhanced operational efficiency [6] - The demand for smart terminal markets is expanding, and the company is expected to leverage its technological advantages to drive further profit growth and business structure upgrades [6] Group 3 - The company plans to hold a performance briefing on October 31, 2025, to discuss the third-quarter results and address investor inquiries [12][14] - Investors can submit questions from October 24 to October 30, 2025, for discussion during the briefing [13][16] - The briefing will be conducted online, allowing for interactive communication between the company and investors [15][16]

Core Viewpoint - The company, Orbbec Technology Group, anticipates significant growth in its financial performance for the first three quarters of 2025, with a projected revenue increase of over 103% year-on-year, marking a successful turnaround from losses to profitability [1][2]. Financial Performance - The company expects to achieve a revenue of 714 million yuan for the first three quarters, up from 351 million yuan in the same period last year, representing an increase of approximately 363 million yuan and a year-on-year growth of about 103.50% [1]. - The projected net profit attributable to the parent company is 108 million yuan, a turnaround from a loss of 60 million yuan in the previous year, indicating an increase of approximately 168 million yuan [1]. - The net profit after deducting non-recurring gains and losses is expected to be 64 million yuan, compared to a loss of 101 million yuan in the same period last year, reflecting a growth of approximately 165 million yuan [1]. Business Growth Drivers - The significant revenue growth is attributed to multiple factors, including accelerated business expansion in areas such as 3D scanning, payment verification, and various robotics applications [2]. - Efficiency and cost optimization through comprehensive value chain cost control have notably enhanced research and development and operational efficiency [2]. - The company possesses strategic advantages in the 3D visual perception industry, with steadily released production capacity in intelligent manufacturing, further solidifying its technical barriers and scale effects [2]. Market Outlook - The company plans to strengthen the integration of technology and market, accelerating the conversion of technological advantages into market advantages [3]. - Future initiatives include continuous technological iteration and penetration into high-growth scenarios such as various robotics, AI edge hardware, and AR/VR fields [3]. - The company aims to create an open and shared AI intelligent terminal ecosystem, collaborating with upstream and downstream partners in the industry chain to rapidly respond to incremental market demands [3].

Core Viewpoint - The company, Orbbec (688322), anticipates significant revenue and profit growth for the first three quarters of 2025, driven by advancements in the 3D vision perception industry and expanding application scenarios [1][2]. Financial Performance - The company expects to achieve approximately 714 million yuan in revenue for the first three quarters of 2025, representing an increase of about 363 million yuan or a 103.50% year-on-year growth [1]. - The projected net profit attributable to the parent company is around 108 million yuan, an increase of approximately 168 million yuan, marking a turnaround from losses to profits [1]. - The net profit after deducting non-recurring gains and losses is expected to be about 63.5 million yuan, reflecting an increase of around 165 million yuan, also indicating a return to profitability [1]. Business Growth Drivers - The growth in performance is attributed to the continuous improvement of the upstream 3D vision perception industry chain and the accelerated expansion of downstream application scenarios, leading to rapid growth in various business areas such as 3D scanning, payment verification, and robotics [1][2]. - The company has established a strategic advantage through technological barriers and economies of scale, which is expected to further drive profit growth and business structure upgrades [2]. Market Position and Product Development - Orbbec specializes in the design, research and development, production, and sales of 3D vision perception products, including 3D vision sensors and both consumer and industrial application devices [2]. - The company has built strong customer loyalty and has become a standard product for industry leaders in several niche markets due to its excellent product development capabilities and rapid service response [2]. Future Outlook - The company plans to continue advancing technological iterations and deeply integrating with market demands, aiming to penetrate various high-growth scenarios such as robotics, AI edge hardware, and AR/VR [4]. - Orbbec aims to create an open and shared AI intelligent terminal ecosystem by collaborating with upstream and downstream partners in the industry chain to quickly respond to incremental market demands [4].

Group 1 - The consumer electronics sector is experiencing a peak production period with a concentration of new product launches from September to October [4] - Semiconductor stocks continue to show strong performance, with companies like Demingli and Wanrun Technology hitting their limits [1] - The stock of Taimusi experienced a significant drop after a period of rapid gains, indicating volatility in the market [1] Group 2 - The consumer electronics sector has potential for rebound, with companies like Luxshare Precision and Heertai seeing significant stock price increases [3] - OpenAI's collaboration with Luxshare Precision to develop a revolutionary AI device is expected to create new market opportunities [3] - The shift of AI trends from cloud to edge devices is seen as a critical development, potentially leading to broader opportunities in edge devices, computing chips, and communication modules [4] Group 3 - A total of 13 consumer electronics stocks have doubled in price this year, with notable increases from companies like Chipone and Industrial Fulian [5] - Over 30 consumer electronics stocks have received institutional research attention, indicating heightened market interest [5] - Companies like Celeritek and Dongshan Precision are expected to benefit from the growing demand for AI computing, with projections of continued high growth in their earnings [6]