仕佳光子(688313.SH)披露2025年年度业绩快报，公司实现营业收入21.29亿元，同比增加98.12%;实现归 属于上市公司股东的净利润3.42亿元，同比增加426.15%;归属于上市公司股东的扣除非经常性损益的净 利润3.41亿元，同比增加608.10%;基本每股收益0.7559元。 受人工智能发展驱动，数通市场快速增长，公司适应市场需求，产品竞争优势凸显，客户认可度提高。 光芯片和器件、室内光缆、线缆高分子材料的产品订单较上年同期实现不同程度增长。 ...

受人工智能发展驱动，数通市场快速增长，公司适应市场需求，产品竞争优势凸显，客户认可度提高。 光芯片和器件、室内光缆、线缆高分子材料的产品订单较上年同期实现不同程度增长。 智通财经APP讯，仕佳光子(688313.SH)披露2025年年度业绩快报，公司实现营业收入21.29亿元，同比 增加98.12%;实现归属于上市公司股东的净利润3.42亿元，同比增加426.15%;归属于上市公司股东的扣除 非经常性损益的净利润3.41亿元，同比增加608.10%;基本每股收益0.7559元。 ...

受人工智能发展驱动，数通市场快速增长，公司适应市场需求，产品竞争优势凸显，客户认可度提高。 光芯片和器件、室内光缆、线缆高分子材料的产品订单较上年同期实现不同程度增长。 格隆汇2月27日丨仕佳光子(688313.SH)公布2025年年度业绩快报，报告期内，公司实现营业收入21.29亿 元，同比增加98.12%；实现归属于上市公司股东的净利润3.42亿元，同比增加426.15%；归属于上市公 司股东的扣除非经常性损益的净利润3.41亿元，同比增加608.10%； ...

编辑 王进雨 新京报贝壳财经讯 2月27日，仕佳光子发布业绩快报，2025年营业收入21.29亿元，同比增长98.12%； 净利润3.42亿元，同比增长426.15%。受人工智能发展驱动，数通市场快速增长，公司适应市场需求， 产品竞争优势凸显，客户认可度提高。光芯片和器件、室内光缆、线缆高分子材料的产品订单较上年同 期实现不同程度增长。 ...

Core Viewpoint - The company, Shijia Photon, has a diversified main business that includes optical chips and devices, indoor optical cables, and polymer materials for cables, indicating a stable revenue stream and growth potential in the optical communication sector [1] Business Segments - The indoor optical cable business accounts for 15.37% of the company's main business revenue according to the 2025 semi-annual report, highlighting its significance in the overall business model [1] - The company sources the optical fibers required for its indoor optical cable business from external suppliers, which suggests a reliance on third-party vendors for critical components [1] - A mature supply chain management system has been established by the company, which, along with refined cost control measures, ensures stable operational development [1]

股票研究 /[Table_Date] 2026.01.31 整体略低预期，长期发展趋势向好 仕佳光子(688313) ——2025 业绩预告点评 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 余伟民(分析师) | 010-50949926 | yuweimin@gtht.com | S0880525040028 | | 王彦龙(分析师) | 010-83939775 | wangyanlong@gtht.com | S0880519100003 | | 黎明聪(分析师) | 0755-23976500 | limingcong@gtht.com | S0880523080008 | | 桂海晟(研究助理) | 021-38031384 | guihaisheng@gtht.com | S0880124070058 | 本报告导读： 下调 2025 年盈利预测，上调 2026-2027 年盈利预测及目标价，维持增持 评级。业绩略低预期，长期发展趋势向好，业务 26 年增长可期。 投资要点： | [Table_Finance] ...

Core Viewpoint - The report highlights the performance forecasts of various A-share listed companies, indicating significant growth in sectors driven by AI computing power, resource prices, and financial market activity, while also noting challenges faced by traditional industries [4][26][30]. Group 1: Companies with Notable Performance Growth - State Grid Yingda (600517.SH) expects a net profit of 2.3 billion to 2.75 billion yuan, a year-on-year increase of 46.10% to 74.69%, driven by stable growth in its main business and significant investment returns from its financial sector [6]. - Zhongjin Gold (600489.SH) anticipates a net profit of 4.8 billion to 5.4 billion yuan, reflecting a growth of 41.76% to 59.48%, benefiting from higher gold sales prices and improved profitability in its mining operations [6]. - Shenzhen South Circuit (002916.SZ) projects a net profit of 3.154 billion to 3.342 billion yuan, with a growth of 68% to 78%, capitalizing on AI computing upgrades and increased demand in the storage market [6]. - Dongfang Securities (600958.SH) forecasts a net profit of 5.62 billion yuan, a 67.8% increase, supported by a vibrant capital market and strong performance in its wealth management and institutional business [6]. - Chengdu Xian Dao (688222.SH) expects a net profit of 104 million to 127 million yuan, a growth of 102.50% to 147.29%, driven by stable revenue growth and improved gross margins [6]. Group 2: Companies Facing Challenges - Jinjia Co. (002191.SZ) anticipates a loss of 251.95 million to 503.90 million yuan, transitioning from profit to loss due to client structure adjustments and expected impairment provisions [20]. - Mulin Sen (002745.SZ) projects a loss of 1.5 billion to 1.1 billion yuan, also moving from profit to loss due to weak demand in the European market and increased operational costs [21]. - Tianwei Vision (002238.SZ) expects a loss of 160 million to 220 million yuan, influenced by declining rental prices in the data center market and reduced revenue from traditional cable services [23]. Group 3: Industry Trends - The technology growth narrative is clear, with companies like Shenzhen South Circuit and Huadian Co. benefiting from AI computing upgrades and high-end manufacturing demands [26]. - Resource price sensitivity is evident, with companies like Zhongjin Gold and Xiamen Tungsten experiencing performance recovery due to rising prices of strategic resources [26]. - The financial sector shows resilience and transformation, with firms like Dongfang Securities and Guotai Junan benefiting from increased market activity and strategic shifts [27]. - The recovery in consumer and service industries is highlighted by Wanda Film's return to profitability, showcasing the importance of content and experiential consumption [28]. - The pharmaceutical sector is experiencing significant differentiation, with companies like Chengdu Xian Dao achieving high growth through innovation, while others face competitive pressures [29].

证券代码：688313 证券简称：仕佳光子 公告编号：2026-002 河南仕佳光子科技股份有限公司 2025年年度业绩预告 3、归属于上市公司股东的扣除非经常性损益后的净利润34,070万元左右，与上年同期相比，增额29,256 万元左右，增幅607.73%左右。 （三）以上预告数据，系财务部门初步测算，未经审计机构审计。 二、上年同期业绩情况和财务状况 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 一、本期业绩预告情况 （一）业绩预告期间 2025年（2025年1月1日至2025年12月31日）。 （二）业绩预告情况 1、营业收入212,900万元左右，与上年同期相比，增额105,447万元左右，增幅98.13%左右。 2、归属于上市公司股东的净利润34,150万元左右，与上年同期相比，增额27,657万元左右，增幅 425.95%左右。 （二）归属于上市公司股东的净利润、扣除非经常性损益后的净利润增长的原因：主要系营业收入同比 增加，持续提高运营管控能力，加强降本增效工作，提高产品良率，产品竞争力增强，盈利能力提高 ...

仕佳光子2025年三季报显示，前三季度公司主营收入15.6亿元，同比上升113.96%；归母净利润3.0亿 元，同比上升727.74%；扣非净利润2.97亿元，同比上升1210.13%；其中2025年第三季度，公司单季度 主营收入5.68亿元，同比上升102.5%；单季度归母净利润8307.03万元，同比上升242.52%；单季度扣非 净利润8278.57万元，同比上升294.95%；负债率42.08%，投资收益-6.71万元，财务费用-43.32万元，毛 利率34.59%。 公告中解释本次业绩变动的原因为： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 证券之星消息，仕佳光子发布业绩预告，预计2025年全年扣非后净利润盈利约3.41亿元。 (一)营业收入增长原因:受人工智能发展驱动,数通市场快速增长,公司适应市场需求,产品竞争优势凸显,客 户认可度提高。光芯片和器件、室内光缆、线缆高分子材料的产品订单较上年同期实现不同程度增长。 (二)归属于上市公司股东的净利润、扣除非经常性损益后的净利润增长的原因:主要系营业收入同比增 加,持 ...

证券之星消息，仕佳光子发布业绩预告，预计2025年全年营业收入21.29亿元。 公告中解释本次业绩变动的原因为： (一)营业收入增长原因:受人工智能发展驱动,数通市场快速增长,公司适应市场需求,产品竞争优势凸显,客 户认可度提高。光芯片和器件、室内光缆、线缆高分子材料的产品订单较上年同期实现不同程度增长。 (二)归属于上市公司股东的净利润、扣除非经常性损益后的净利润增长的原因:主要系营业收入同比增 加,持续提高运营管控能力,加强降本增效工作,提高产品良率,产品竞争力增强,盈利能力提高。(三)报告期 内,公司根据《企业会计准则》和公司计提资产减值的有关制度,基于谨慎性原则,对相关资产进行减值测 试后,拟对部分资产计提适当的减值准备,对公司本期业绩产生影响。(四)公司出口以美元结算为主,报告 期内美元兑人民币汇率波动,对本期业绩增长带来一定程度的负向影响。 仕佳光子2025年三季报显示，前三季度公司主营收入15.6亿元，同比上升113.96%；归母净利润3.0亿 元，同比上升727.74%；扣非净利润2.97亿元，同比上升1210.13%；其中2025年第三季度，公司单季度 主营收入5.68亿元，同比上升102. ...