2025.11．23 作者 | 第一财经安卓 截至招股书公告日，摩尔线程尚未盈利。2022年至2024年，摩尔线程分别实现营业收入0.46亿元、1.24 亿元、4.38亿元，归母净利润分别为亏损18.94亿元、17.03亿元及16.18亿元。2025年上半年，摩尔线程 实现营业收入7.02亿元，归母净利润为亏损2.71亿元。 其中，2022年至2024年，摩尔线程营业收入由0.46亿元增长至4.38亿元，营收复合增长率为208.44%。 该公司持续保持较高的研发投入，报告期内（2022年至2025年上半年）研发投入占比分别为 2422.51%、1076.31%、309.88%、79.33%。 截至2025年6月30日，摩尔线程累计未弥补亏损为16.04亿元。摩尔线程表示，上市后预计其账面累计未 弥补亏损将持续存在，导致一定时期内无法向股东进行现金分红。 另外，由于摩尔线程尚未盈利，如上市时仍未盈利，自上市之日起将纳入科创成长层。 根据目前发行安排，下周有2只新股可申购，均隶属科创板，分别为下周一可申购的摩尔线程，以及11 月28日可申购的百奥赛图。 11月20日晚间，摩尔线程披露科创板上市发行公告，正式确定发 ...

Group 1 - A-share listed companies reported strong performance in Q3 2025, with total revenue reaching 48.62 trillion yuan, a year-on-year increase of 1.65%, and net profit attributable to shareholders at 4.40 trillion yuan, up 6.37% [2] - The operating cash flow net amount was 13.08 trillion yuan, showing a significant increase of 53.49% year-on-year, with 76.88% of listed companies reporting profits [2] - Emerging industries such as electronics and computers performed well due to the rapid penetration of artificial intelligence, while traditional cyclical industries like steel and non-ferrous metals showed significant recovery supported by policies and supply-side factors [2][4] Group 2 - China's GDP grew by 5.2% year-on-year in the first three quarters of 2025, demonstrating strong resilience in a complex environment, supported by a robust industrial system and market advantages [3] - Over 70% of the 30 major industries reported profit growth, with steel and non-ferrous metals industries seeing profit growth rates exceeding 40% [4] - Companies like Shandong Steel turned around from losses with a net profit of 1.4 billion yuan in Q3 2025, while Cambrian Technology reported a revenue increase of 2386.38% year-on-year [4][5] Group 3 - Industrial Fulian's Q3 revenue reached 2431.72 billion yuan, a 42.81% increase year-on-year, with net profit surpassing 100 billion yuan for the first time [5] - CATL reported steady performance with revenue of 2830.72 billion yuan, up 9.28%, and net profit of 490.34 billion yuan, a 36.20% increase [5] - R&D expenses for listed companies totaled approximately 1.08 trillion yuan, a year-on-year increase of 3.79%, with the Sci-Tech Innovation Board showing a 10.40% increase in R&D investment [5] Group 4 - Nearly 900 companies reported a year-on-year net profit growth exceeding the first half of the year, indicating a positive trend across various sectors [6] - Companies like G-bits and Shengyi Electronics reported significant revenue and profit increases, with G-bits achieving a net profit growth of 307.7% in Q3 [6][7] - PCB leader Shengyi Electronics saw a revenue increase of 114.79% and a net profit increase of 497.61% in the first three quarters [7] Group 5 - Industry leaders are optimistic about their annual performance, with companies like Luxshare Precision projecting a net profit of 165.18 billion to 171.86 billion yuan for 2025, reflecting a growth of 23.59% to 28.59% [8] - Chip manufacturer Chipone expects annual revenue of 8 billion to 8.3 billion yuan, with a continued reduction in net losses [8] - WuXi AppTec anticipates a return to double-digit growth in revenue for its continuing operations, adjusting its growth forecast to 17% to 18% [8][9]

Group 1 - The latest stock price of the company, Puris, is 41.51 yuan, an increase of 0.73 yuan from the previous trading day's closing price [1] - The opening price on the same day was 40.60 yuan, with a high of 41.70 yuan and a low of 39.62 yuan, and the trading volume reached 28,453 hands with a transaction amount of 116 million yuan [1] - As of July 31, 2025, the number of shareholders decreased to 8,735, a reduction of 713 shareholders or 7.55%, marking the third consecutive reporting period of decline, totaling a decrease of 11.44% [1] Group 2 - On August 4, 2025, the net outflow of main funds was 8.6364 million yuan, with a cumulative net outflow of 46.7694 million yuan over the past five trading days [1] - The company's total share capital is 79.0048 million shares, with 75.3189 million shares in circulation, and the average holding of circulating shares per shareholder is 8,623 shares, with an average circulating market value of 352,800 yuan [1]