Investment Rating - The report maintains an "Outperform" rating for the industry, indicating a positive outlook for investment opportunities [2]. Core Insights - The human resources service industry demonstrates full-cycle growth capabilities, with steady growth during downturns and potential for rapid expansion during upturns. The industry is still in its early stages, with significant growth potential and currently low valuation levels for many listed companies [2][4]. Summary by Sections 1. Industry Overview - The human resources service industry encompasses a wide range of services aimed at balancing the supply and demand of human capital, including recruitment, career guidance, outsourcing, and consulting [11][12]. 2. Current Development Status - The market concentration is low, with a significant presence of flexible employment models indicating a blue ocean market. The industry has shown a compound annual growth rate (CAGR) of 12.91% from 2016 to 2023, with revenues expected to exceed 3 trillion RMB by 2025 [26][38]. 3. Future Industry Outlook - The industry is expected to benefit from economic, social, and technological changes, with a notable increase in demand for labor in the tertiary sector. The labor supply is projected to decrease, leading to higher employment costs, which will enhance the penetration of flexible employment and digital human resources solutions [59][66].

蚂蚂蚁集团2024年研发投入达到创纪录的234.5亿元人民币，加大了在人工智能(AI)产品及其他服务方面 的投资，较2021年的188亿元增长了近25%。 ...

6月10日，盐田港今日收盘4.68元，上涨1.52%，滚动市盈率PE（当前股价与前四季度每股收益总和的比 值）达到17.32倍，总市值243.34亿元。 最新一期业绩显示，2025年一季报，公司实现营业收入1.71亿元，同比-14.04%；净利润3.13亿元，同比 21.63%，销售毛利率22.37%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)23盐田港17.3218.031.34243.34亿行业平均 14.3716.971.22293.92亿行业中值15.5415.681.23136.19亿1国航远洋-829.21319.085.3872.31亿2凤凰航 运-66.11-62.0511.2451.31亿3*ST锦港-0.28-0.28-13.1018.22亿4中远海控4.585.041.012476.80亿5招商南油 8.576.851.18131.57亿6上港集团8.868.980.981343.33亿7招商轮船10.779.691.22494.97亿8青岛港 11.2411.421.36597.83亿9中远海特11.2911.331.06173.42亿10招商港口11.4011.540. ...

证券研究报告 | 公司深度报告 2025 年 06 月 03 日 中国通信服务（00552.HK） 中国综合智慧服务龙头，AI 大模型浪潮点燃增长新引擎 TMT 及中小盘/通信 ❑ 风险提示：电信业资本开支下降风险、营运资金需求增加的风险、国际业务 运营及有关风险、算力资本支出不及预期风险、战略新兴产业发展风险。 财务数据与估值 | 会计年度 | 2023 | 2024 | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入(百万元) | 149139 | 150536 | 154438 | 159884 | 166007 | | 同比增长 | 6% | 1% | 3% | 4% | 4% | | 营业利润(百万元) | 2849 | 3057 | 3244 | 3382 | 3553 | | 同比增长 | 16% | 7% | 6% | 4% | 5% | | 归母净利润(百万元) | 3584 | 3607 | 3731 | 3901 | 4105 | | 同比增长 | 7% | 1% | 3% | 5% | 5% | ...

证券研究报告 | 公司深度报告 2025 年 06 月 03 日 中国通信服务（00552.HK） 中国综合智慧服务龙头，AI 大模型浪潮点燃增长新引擎 TMT 及中小盘/通信 ❑ 风险提示：电信业资本开支下降风险、营运资金需求增加的风险、国际业务 运营及有关风险、算力资本支出不及预期风险、战略新兴产业发展风险。 财务数据与估值 | 会计年度 | 2023 | 2024 | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入(百万元) | 149139 | 150536 | 154438 | 159884 | 166007 | | 同比增长 | 6% | 1% | 3% | 4% | 4% | | 营业利润(百万元) | 2849 | 3057 | 3244 | 3382 | 3553 | | 同比增长 | 16% | 7% | 6% | 4% | 5% | | 归母净利润(百万元) | 3584 | 3607 | 3731 | 3901 | 4105 | | 同比增长 | 7% | 1% | 3% | 5% | 5% | ...

最新一期业绩显示，2025年一季报，公司实现营业收入5936.23万元，同比21.49%；净利润-26262537.07 元，同比34.59%，销售毛利率48.01%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)25ST易联众-63.93-43.426.6018.79亿行业平均 76.0278.495.34121.33亿行业中值81.6885.743.9960.23亿1实达集团-22636.911583.5323.6789.53亿2航天信 息-14935.351028.941.20164.17亿3东方国信-5792.76396.651.94116.72亿4岩山科 技-2380.691044.893.44339.19亿5*ST迪威-2105.06-162.4939.3013.56亿6荣科科技-753.71- 3801.7913.95110.99亿7汇纳科技-655.27-152.733.5536.44亿8恒为科技-401.03320.106.3585.94亿9ST浩 丰-385.80-561.154.0818.02亿10恒大高新-383.21-158.362.5416.81亿11真视通-215.81 ...

最新一期业绩显示，2025年一季报，公司实现营业收入5936.23万元，同比21.49%；净利润-26262537.07 元，同比34.59%，销售毛利率48.01%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)25ST易联众-59.54-40.446.1417.50亿行业平均 77.5579.495.36120.77亿行业中值80.7883.913.9261.10亿1实达集团-23132.611618.2124.1991.49亿2航天信 息-14395.93991.781.16158.24亿3东方国信-5781.45395.871.94116.49亿4岩山科技-2261.06992.383.27322.14 亿5*ST迪威-2077.06-160.3338.7713.38亿6荣科科技-757.19-3819.3214.02111.51亿7汇纳科技-584.43- 136.223.1732.50亿8恒为科技-403.72322.256.4086.52亿9恒大高新-380.47-157.232.5216.69亿10ST浩 丰-354.30-515.343.7516.55亿11真视通-213.5146 ...

Core Insights - American Well Corporation (AMWL) reported revenue of $66.83 million for the quarter ended March 2025, reflecting a year-over-year increase of 12.3% and exceeding the Zacks Consensus Estimate by 11.18% [1] - The company's EPS was -$1.73, an improvement from -$5.00 in the same quarter last year, with a surprise of 44.01% compared to the consensus estimate of -$3.09 [1] Revenue Breakdown - Platform subscription revenue was $32.21 million, slightly below the average estimate of $32.89 million, but showed a year-over-year increase of 29.6% [4] - Other revenue reached $8 million, significantly surpassing the average estimate of $3.61 million, marking a year-over-year increase of 122.8% [4] - Revenue from visits was $26.63 million, which was above the average estimate of $23.70 million, but represented a year-over-year decline of 14.3% [4] Stock Performance - Over the past month, shares of American Well have returned +2.5%, contrasting with a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

联合研究丨港股公司深度丨中国通信服务（0552.HK） [Table_Title] 稳中有进，向新而行 %% %% %% %% research.95579.com 1 丨证券研究报告丨 %% %% %% %% 报告要点 [Table_Summary] 得益于运营商和非运营商集客回款质量较好，且公司将大量低毛利承包业务分包，公司在手现 金充裕，自由现金流稳中有升。近年来，公司每股派息逐年提升，派息率保持稳中有升，2024 年派息率为 42%，派息率提升弹性较大。公司依托运营商持续稳固业绩基本盘，乘算力建设的 东风，在战略新兴及 ACO 业务的不断发力，扣非增速近三年保持约双位数增长，结合公司稳 中向好的派息比例，当前估值具备吸引力。 分析师及联系人 [Table_Author] 张弛 于海宁 张智杰 SAC：S0490520080022 SAC：S0490517110002 SAC：S0490522060005 SFC：BUT917 SFC：BUX641 温筱婷 袁志芃 龚子逸 SAC：S0490524100002 请阅读最后评级说明和重要声明 2 / 26 research.95579.com 2 中国通信 ...

最新一期业绩显示，2024年三季报，公司实现营业收入3.35亿元，同比-29.72%；净利润-67993078.91 元，同比-153.10%，销售毛利率46.38%。 易联众信息技术股份有限公司的主营业务为数字医保业务、数字医疗业务、数字人社业务、数字科技业 务和数字服务业务。主要产品有定制软件及IC、技术服务、系统集成及硬件、保险经纪、其他服务。公 司因区块链技术方面的成就荣获FISCOBCOS开源生态卓越贡献奖，研发的"医保零星报销智能识别系 统"荣获2023年第六届数字中国建设峰会"十佳数字普惠案例"，研发的"宁德医保智能自动办理平台"入 选2023年数字政府五十佳优秀创新案例，承建的厦门退休人员服务系统项目获得数字厦门2023年度优秀 共享案例评选全市第一名，成为数字福建2023年度公共数据资源共享应用优秀案例；公司与吉林大学第 一医院合作参与国家卫健委"第一届全国数字健康创新应用大赛"，并在"全国检查检验检查结果互通共 享方案设计"赛道获得了优胜奖。 4月28日，ST易联众今日收盘3.99元，下跌3.39%，最新市净率5.99，总市值17.16亿元。 股东方面，截至2025年4月10日，ST易联众 ...