Core Viewpoint - Feirongda (300602.SZ) reported a closing price of 32.89 yuan, with a decline of 8.64%, resulting in a total market capitalization of 19.137 billion yuan. A research report from Guotou Securities forecasts stable revenue growth for the company from 2025 to 2027, driven by its heat dissipation and lightweight business segments, and maintains a "Buy-A" investment rating with a target price of 46.12 yuan per share for 2026 [1]. Financial Projections - The expected revenues for Feirongda from 2025 to 2027 are projected to be 6.461 billion yuan, 8.635 billion yuan, and 11.108 billion yuan, respectively [1]. - The anticipated net profits attributable to the parent company for the same period are forecasted to be 452 million yuan, 655 million yuan, and 935 million yuan, respectively [1]. Valuation Methodology - The report employs a PE valuation method, assigning a 41 times PE ratio for 2026, reflecting the ongoing recovery in consumer electronics demand and the company's strong technical capabilities in heat dissipation [1].