[Table_Title] 金股报告 证券研究报告 2025 年 12 月 1 日 国元证券 2025 年 12 月金股组合及投资逻辑 ——2025 年第 12 期 报告要点： 国元月度金股（2025 年 12 月） |  | 国元月度金股（2025 年 12 | 月） | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 行 业 | 公司名称 | 股票代码 | EPS | | 收盘价 | PE(TTM) | 推荐人 | | | | 24A 25E | | 26E | | | | | 电新机械 | 运机集团 | 001288.SZ 0.93 1.29 2.11 | | | 29.83 | 38.85 | 冯健然 | | 计算机 | 道通科技 | 688208.SH 1.42 1.18 1.43 | | | 34.00 | 27.35 | 耿军军 | | 汽车 | 拓普集团 | 601689.SH 1.78 2.17 2.64 | | | 63.01 | 40.06 | 陈烨尧 | | 军工及新材料 | 中钨高新 | 000657.SZ ...

Stock Recommendations - Jerry Holdings (002353.SZ) shows strong overseas market expansion and robust order support for performance growth, with an EPS forecast of 2.99 in 2025 and a PE ratio of 18.05[3] - Kingsoft Office (688111.SH) has demonstrated rapid growth in Q3, with an EPS of 3.91 expected in 2025, driven by strong performance in WPS personal business and AI capabilities[3] - Double Ring Transmission (002472.SZ) is positioned as a leading supplier for Tesla, with an EPS forecast of 1.51 in 2025, indicating strong growth potential in humanoid robotics[3] - Zhongji Xuchuang (300308.SZ) benefits from increased overseas CAPEX and is expected to see significant growth, with an EPS of 10.23 in 2025 and a high PE ratio of 61.46[3] - Shangmei Co., Ltd. (2145.HK) has a clear growth path with strong sales performance, expecting an EPS of 2.58 in 2025[4] - Giant Network (002558.SZ) reported a net profit of 1.416 billion yuan in Q3 2025, a year-on-year increase of 32.31%, with an EPS forecast of 1.16 in 2025[4] Market Performance - The weighted return of the October stock portfolio was 7.41%, outperforming the Shanghai Composite Index, which rose by 1.85%[9] - Zhongji Xuchuang had the highest increase in the portfolio at 17.29%, while the overall equal-weighted return was -0.20%[10] - The market capitalization of Zhongji Xuchuang reached 525.57 billion yuan, the highest among the recommended stocks, with a significant increase in institutional holdings[16] Risk Factors - Economic recovery and policy support may fall short of expectations, posing risks to industry and individual stock performance[6]

Stock Recommendations - 运机集团 (001288.SZ)预计2025年EPS为1.29，2026年EPS为2.11，当前PE(TTM)为35.57[2] - 国能日新 (301162.SZ)预计2025年EPS为0.94，2026年EPS为1.24，当前PE(TTM)为75.96[2] - 保隆科技 (603197.SH)预计2025年EPS为2.03，2026年EPS为2.58，当前PE(TTM)为33.01[2] - 中际旭创 (300308.SZ)预计2025年EPS为7.21，2026年EPS为8.90，当前PE(TTM)为65.88[2] - 上美股份 (2145.HK)预计2025年EPS为2.58，2026年EPS为3.23，当前PE(TTM)为39.44[2] Market Performance - 2025年9月国元金股组合自由流通加权收益率为12.44%，等权收益率为11.20%[10] - 同期上证指数上涨0.64%，沪深300上涨3.20%[10] - 表现最佳的ETF为汇添富中证电池主题ETF，上涨38.93%[10] Growth Indicators - 中际旭创市值达到4485.36亿元，ROE接近40%[17] - 国能日新归母净利润增速为32.48%，营业收入增速为43.15%[19] - 保隆科技近一个月涨幅为15.85%，换手率超过100%[17] Risks - 经济恢复及政策发力不及预期的风险[4] - 行业及个股自身经营风险[4]