（记者 张明双） 每经AI快讯，有投资者在投资者互动平台提问：太空光伏已成为AI的必要能源，那么贵公司对马斯克 提及的太空光伏怎么看？以后有一天能实用的话贵公司会倾力研发太空光伏组件吗？ 首航新能（301658.SZ）2月26日在投资者互动平台表示，公司主要产品包括光伏并网逆变器、光伏储能 逆变器、储能电池、工商业储能系统与集中式储能系统。公司目前的产品尚未涉及太空光伏的相关应 用，未来公司将结合自身技术优势与市场成熟度，适时评估参与空间光伏储能应用的可能性。后续的业 务进展情况请您关注公司披露的定期报告及相关公告。 ...

格隆汇2月26日丨首航新能(301658.SZ)在互动平台表示，公司主要产品包括光伏并网逆变器、光伏储能 逆变器、储能电池、工商业储能系统与集中式储能系统。公司目前的产品尚未涉及太空光伏的相关应 用，未来公司将结合自身技术优势与市场成熟度，适时评估参与空间光伏储能应用的可能性。 ...

25 年业绩扭亏为盈，海外储能业务弹性较大 固德威(688390) | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 徐强(分析师) | 010-83939805 | xuqiang@gtht.com | S0880517040002 | | 吴志鹏(分析师) | 021-23215736 | wuzhipeng@gtht.com | S0880525070004 | 本报告导读： 25 年业绩扭亏为盈，26-28 年具备较高成长性。 投资要点： | [Table_Finance] 财务摘要(百万元) | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入 | 7,353 | 6,738 | 8,455 | 11,987 | 14,472 | | (+/-)% | 56.1% | -8.4% | 25.5% | 41.8% | 20.7% | | 净利润(归母) | 852 | -62 | 143 | 717 ...

Core Viewpoint - The company, Shouhang New Energy (301658.SZ), primarily focuses on products related to photovoltaic grid-connected inverters, photovoltaic energy storage inverters, energy storage batteries, commercial and industrial energy storage systems, and centralized energy storage systems. Currently, the company's products do not include applications in commercial aerospace or space computing [1]. Group 1 - The main products of the company include photovoltaic grid-connected inverters and photovoltaic energy storage inverters [1]. - The company also offers energy storage batteries and commercial and industrial energy storage systems [1]. - Centralized energy storage systems are part of the company's product lineup [1]. Group 2 - The company has not ventured into commercial aerospace applications [1]. - There are no current products related to space computing within the company's offerings [1].

中证智能财讯固德威（688390）1月29日晚间披露2025年度业绩预告，预计2025年归母净利润1.25亿元至1.62亿元，上年同期亏损6181.04万元；扣非净利润 预计3400万元至7100万元，上年同期亏损1.94亿元。以1月29日收盘价计算，固德威目前市盈率（TTM）约为134.98倍-174.94倍，市净率（LF）约8.07倍， 市销率（TTM）约2.74倍。 以本次披露业绩预告均值计算，公司近年市盈率（TTM）图如下所示： 近年来市盈率变化情况 (倍) 1,500 10000 500 176.07 145.14 117.23 100.42 93664 17-82 0 29-48 -500 -1,000 -1,500 2020-12-37 3-06-30 '-06-30 21-12-37 -2-12-3- n 〇- 公司 -○- 行业均值 100 ହ 90 86.59 82818 80 70 68.7 60 53d66 51~88 50 40 30 2162 20 10 9-38 0 2021-12-37 ' 2020-12-37 2-12-37 . 2n- )- 公司 -○- 行业均值 制图数据 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [3]. Core Insights - The company is a leader in distributed inverters and is expected to benefit significantly from subsidies in Australia and the UK, with a strong market presence and capabilities in these regions [1][6]. - The company has faced temporary operational pressure due to the impact of European household storage depletion since the second half of 2023, but improvements are anticipated starting Q3 2025 due to Australian household storage subsidies [1][6]. - The Australian government has tripled its budget for the "Cheaper Home Batteries" subsidy, which is expected to significantly boost the company's operations, as it holds a 30% market share in Australia [6][36]. - The UK government has launched a £15 billion "Warm Home Plan," which aims to upgrade homes with solar, storage, and heat pump installations, providing substantial opportunities for the company [6][37]. Financial Data and Valuation - Total revenue is projected to grow from 7,353 million RMB in 2023 to 12,760 million RMB in 2027, with a peak growth rate of 56% in 2023 followed by a decline of 8% in 2024 [2]. - The net profit attributable to the parent company is expected to rise from 852 million RMB in 2023 to 1,353 million RMB in 2027, with a significant increase of 420% in 2025 [2]. - The company's PE ratio is projected to improve from -363.6 in 2024 to 16.6 in 2027, indicating a recovery in profitability [2]. Company Overview - Founded in 2010, the company specializes in photovoltaic inverters, energy storage inverters, storage batteries, and household systems, focusing on renewable energy solutions [10]. - The company has established a global marketing system and has sold products to over 100 countries, achieving a top ten ranking in global inverter brands [10][12]. Global Layout and Market Performance - The company has a well-established global presence, with subsidiaries in key markets such as Australia, Germany, and the UK, enhancing its marketing and service capabilities [27][33]. - It has achieved a market share of 50% in the Czech Republic and 30% in both Australia and the Netherlands for household storage systems [33]. Product Matrix - The company offers a comprehensive product range that meets the needs of residential, commercial, and large-scale power plants, including string inverters and energy storage solutions [34]. - The product offerings include photovoltaic grid-connected inverters, energy storage inverters, and household systems, supported by strong R&D capabilities [18][34].

1月27日，首航新能涨4.61%，成交额3.17亿元。两融数据显示，当日首航新能获融资买入额2143.35万 元，融资偿还2276.68万元，融资净买入-133.33万元。截至1月27日，首航新能融资融券余额合计 8250.85万元。 截至9月30日，首航新能股东户数2.07万，较上期减少9.62%；人均流通股1873股，较上期增加10.65%。 2025年1月-9月，首航新能实现营业收入17.46亿元，同比减少14.66%；归母净利润1.14亿元，同比减少 47.57%。 分红方面，首航新能A股上市后累计派现5195.88万元。 机构持仓方面，截止2025年9月30日，首航新能十大流通股东中，香港中央结算有限公司位居第一大流 通股东，持股61.48万股，相比上期增加27.54万股。 责任编辑：小浪快报 融资方面，首航新能当日融资买入2143.35万元。当前融资余额8183.69万元，占流通市值的5.91%。 融券方面，首航新能1月27日融券偿还0.00股，融券卖出500.00股，按当日收盘价计算，卖出金额1.68万 元；融券余量2.00万股，融券余额67.16万元。 资料显示，深圳市首航新能源股份有限公司位 ...

Group 1 - The core focus of Shenzen Shoray New Energy Technology Co., Ltd. is on the photovoltaic energy storage sector, providing products and solutions for user-side energy management [2] - The company has been recognized as a national-level "specialized and innovative" key enterprise, indicating its significant role in the industry [2] - Shoray New Energy's product offerings include solar controllers, photovoltaic storage inverters, and energy storage systems, with a global market presence in over 150 countries and regions [2] Group 2 - The company was established on June 30, 2009, and has undergone several capital changes, with the registered capital increasing from 5.3771 million RMB to 30 million RMB, and then to 30.612245 million RMB [3][4] - The controlling shareholder, Chen Yong, holds a 30.09% stake in the company and serves as both the chairman and general manager [3] - The company has completed its IPO counseling record with the Shenzhen Securities Regulatory Bureau, indicating its intention to list on the A-share market [1]

Group 1 - The core point of the news is that GCL-Poly Energy Holdings Limited has experienced a decline in stock price, dropping 1.5% to 70.96 CNY per share, with a total market capitalization of 17.243 billion CNY and a cumulative drop of 7.42% over the last four days [1] - GCL-Poly's main business includes the research, production, and sales of photovoltaic inverters, with revenue composition as follows: 45.41% from household systems, 32.91% from grid-connected inverters, 7.05% from other products, 7.02% from energy storage batteries, 6.85% from photovoltaic energy storage inverters, and 0.76% from other sources [1] Group 2 - According to data from the top ten holdings of funds, one fund under Jiao Yin Schroder has a significant position in GCL-Poly, with 6,026 shares held, accounting for 0.49% of the fund's net value, ranking as the sixth largest holding [2] - The fund, Jiao Yin Stable Growth Six-Month Holding Period Mixed A (018198), has a current scale of 57.2692 million CNY and has reported a year-to-date return of 0.68%, ranking 7,882 out of 8,836 in its category [2]

Group 1 - Airo Energy's stock price increased by 5.27% to 72.48 CNY per share, with a trading volume of 191 million CNY and a turnover rate of 2.72%, resulting in a total market capitalization of 11.597 billion CNY [1] - The stock has risen for three consecutive days, with a cumulative increase of 11.77% during this period [1] - Airo Energy, established on March 2, 2012, specializes in providing photovoltaic energy storage inverters, storage batteries, and grid-connected inverters primarily for overseas customers, with a revenue composition of 60.42% from household energy storage systems, 20.74% from grid-connected inverters, 13.63% from commercial energy storage systems, and 5.21% from accessories and others [1] Group 2 - The fund "Jiaoyin Huixuan Ruixin One-Year Holding Period Mixed (FOF) A" (015326) holds 65,500 shares of Airo Energy, accounting for 1.34% of the fund's net value, making it the sixth-largest holding [2] - The fund has generated a floating profit of approximately 237,600 CNY today and 474,600 CNY during the three-day increase [2] - The fund was established on July 27, 2022, with a current size of 286 million CNY, yielding 2.16% year-to-date and 25.94% over the past year, ranking 331 out of 487 and 195 out of 346 in its category, respectively [2] Group 3 - The fund manager of "Jiaoyin Huixuan Ruixin One-Year Holding Period Mixed (FOF) A" is Liu Di, who has been in the position for 1 year and 70 days [3] - The total asset size of the fund is 3.459 billion CNY, with the best return during Liu Di's tenure being 17.56% and the worst being 0.13% [3]