信测标准所属申万行业为：社会服务-专业服务-检测服务。所属概念板块包括：食品检测、小盘、土壤 修复、无人驾驶、蔚来汽车概念等。 10月23日，信测标准发布2025年三季报。报告显示，公司前三季度营业收入为5.97亿元，同比增长 8.31%；归母净利润为1.55亿元，同比增长8.33%；扣非归母净利润为1.44亿元，同比增长8.93%；基本 每股收益0.69元。 报告期内，信测标准基本每股收益为0.69元，加权平均净资产收益率为10.31%。 以10月23日收盘价计算，信测标准目前市盈率（TTM）约为36.95倍，市净率（LF）约为4.41倍，市销 率（TTM）约为9.03倍。 2025年前三季度，公司毛利率为59.90%，同比上升0.36个百分点；净利率为26.38%，较上年同期下降 0.51个百分点。从单季度指标来看，2025年第三季度公司毛利率为58.62%，同比下降1.49个百分点，环 比下降2.92个百分点；净利率为27.50%，较上年同期下降0.36个百分点，较上一季度下降0.84个百分 点。 2025年三季度，公司期间费用为1.82亿元，较上年同期增加2007.75万元；期间费用率为30.50%， ...

证券日报网讯广电计量（002967）10月22日在互动平台回答投资者提问时表示，随着我国科技的发展， 电磁兼容检测受到重视，现已被广泛运用到电子电器、汽车、通信行业、航空航天、轨道交通等行业。 公司的电磁兼容检测能力布局较为领先，电磁兼容检测的技术水平和全国服务保障能力均具备较大的竞 争优势。公司具有为多个产品或装备组成的分系统、子系统以及整车、整机、整舰、整船等系统级电磁 兼容测试能力，尤其在装备与系统、汽车及汽车电子电器、航空机载产品、外场试验方面具有深厚实 力。根据公司2025年中报数据显示，公司电磁兼容检测收入占总收入的11.22%，是公司重要的专业技 术方向。同时，公司也是国内首家投建5G NR eCall检测能力的实验室。近年来，广电计量紧跟技术发 展趋势，持续加大在NG eCall测试领域的投入，现已具备系统级的NG eCall测试能力，可为整车厂、系 统供应商等客户提供专业、高效、可靠的测试认证服务。公司目前已为30余家客户提供了eCall检测认 证服务，并成功帮助客户获取了eCall相关证书，获证效率及服务水平获得客户高度认可。 ...

Core Viewpoint - Xince Standard is a comprehensive testing organization that provides various testing services across multiple sectors, including automotive, electronics, consumer goods, industrial products, food, agriculture, and environmental sectors [2] Company Overview - Xince Standard specializes in reliability testing, chemical testing, electromagnetic compatibility testing, product safety testing, and life health testing services [2] - The company offers testing reports or certificates to clients in diverse fields [2]

Investment Rating - The investment rating for the company is "Outperform the Market" [6][21]. Core Views - The company reported a year-on-year revenue growth of 10.01% and a net profit growth of 22.11% for the first half of 2025, driven by the new productivity business [1][3]. - The new productivity business has become a significant growth engine, with emerging industry orders accounting for 80% of total orders in the first half of the year [3]. - The company plans to raise up to 1.3 billion yuan through a private placement to invest in strategic industries, including testing platforms for aviation equipment and next-generation AI chips [3]. Financial Performance - In the first half of 2025, the company achieved a revenue of 1.478 billion yuan and a net profit of 97 million yuan, with a gross margin of 43.36% and a net margin of 6.25%, both showing improvements year-on-year [1][10]. - The company maintained a high R&D investment of 180 million yuan, representing about 12% of its revenue [3][19]. - The projected net profits for the company from 2025 to 2027 are estimated to be 400 million yuan, 459 million yuan, and 535 million yuan, respectively [3][19]. Business Segments - The revenue from reliability and environmental testing reached 374 million yuan, growing by 17.68%, focusing on large customer development [2]. - Integrated circuit testing and analysis revenue was 130 million yuan, with a growth of 17.64%, expanding into third-generation semiconductor testing [2]. - The data science analysis and evaluation segment saw a significant increase in revenue by 47.07%, becoming the fastest-growing area [2].

Investment Rating - The report maintains a "Buy" rating for the company, with a target price not specified [5] Core Views - The company is increasing its investment in special industries, aiming to enhance its core competitiveness through a planned fundraising of up to 1.3 billion yuan for various projects, including aviation equipment testing platforms and AI chip testing platforms [1][2] - The company is aligning with national industrial strategies and increasing R&D efforts in sectors such as special industries, automotive, new energy, integrated circuits, commercial aerospace, communication, low-altitude economy, and artificial intelligence [2] - The company has seen rapid growth in orders within special industries, focusing on R&D stages in key areas such as measurement calibration reliability, environmental testing, and integrated circuit testing, where it holds a leading position domestically [2][3] Financial Performance - For the first half of 2025, the company expects revenue between 1.45 billion and 1.5 billion yuan, representing a year-on-year growth of 7.91% to 11.63%. The net profit attributable to the parent company is projected to be between 95 million and 100 million yuan, with a growth of 19.20% to 25.48% [4] - The company's net profit forecasts for 2025 to 2027 are 420 million, 510 million, and 600 million yuan respectively, with year-on-year growth rates of +20%, +20%, and +18% [4] - The company’s revenue is projected to grow from 2.89 billion yuan in 2023 to nearly 5 billion yuan by 2027, with corresponding growth rates of 10.94%, 11.01%, 17.16%, 16.33%, and 14.33% [4][10] Strategic Developments - The company plans to upgrade its Xi'an measurement testing laboratory to become a key technical support base for military and civilian vehicle and large component inspection in the northwest region of China, complementing its Chengdu testing base [3] - In the AI chip sector, the company is establishing a quality testing and evaluation platform in Guangzhou to develop reliability assessment standards for domestic GPU/FPGA chips, addressing a significant gap in high-end chip testing standards [3] - The company is also building performance testing and evaluation platforms for satellite internet in Guangzhou and Chengdu to meet the certification needs of over 50,000 satellite applicants in China [3]

Core Viewpoint - Xince Standard is a comprehensive testing organization that provides various testing services across multiple sectors, including automotive, electronics, consumer goods, industrial products, food, agriculture, and environmental sectors [1] Company Overview - Xince Standard specializes in reliability testing, physical and chemical testing, electromagnetic compatibility testing, product safety testing, and life health testing [1] - The company has established a joint venture, Xince Standard (Suzhou) Robotics Technology Co., Ltd., in collaboration with Walli Technology, which has been completed but has not yet generated business revenue [1] Investment Considerations - The company has advised investors to be cautious regarding investment risks associated with its operations and the joint venture [1]

Group 1 - The core viewpoint of the article is that Xince Standard (300938.SZ) has clarified its business operations and the status of its joint venture in response to investor inquiries [2] - Xince Standard is a comprehensive testing organization engaged in reliability testing, physical and chemical testing, electromagnetic compatibility testing, product safety testing, and life health testing [2] - The company has established a joint venture, Xince Standard (Suzhou) Robotics Technology Co., Ltd., with Wali Technology, which has been set up but has not yet generated any business revenue [2]

Core Viewpoint - Xince Standard (300938) is a comprehensive testing organization that provides various testing services across multiple sectors, including automotive, electronics, consumer goods, industrial products, food, agriculture, and environmental sectors [1] Group 1: Company Overview - Xince Standard specializes in reliability testing, physical and chemical testing, electromagnetic compatibility testing, product safety testing, and life health testing services [1] - The company is located in Wuhan and has officially launched its military-civilian integration project, with the experimental building completed [1] - Xince Standard possesses qualifications to conduct military-related business, including reliability tests and EMC testing for military products [1]

Core Viewpoint - The company has established a joint venture with Wali Technology to create a robotics technology company, although it has not yet generated any business revenue [2]. Company Overview - Xince Standard (300938.SZ) is a comprehensive testing organization that provides reliability testing, physical and chemical testing, electromagnetic compatibility testing, product safety testing, and life health testing services [2]. - The company serves clients across various sectors, including automotive, electronic and electrical products, consumer goods, industrial products, food and agricultural products, and environmental services [2]. Joint Venture Details - The joint venture, Xince Standard (Suzhou) Robotics Technology Co., Ltd., has been successfully established [2]. - The company advises investors to be cautious regarding investment risks as the joint venture has not yet produced any business income [2].

Core Viewpoint - Xince Standard (300938.SZ) is a comprehensive testing organization that provides various testing services across multiple sectors, including automotive, electronics, consumer goods, industrial products, food, agriculture, and environmental fields [1] Company Overview - Xince Standard specializes in reliability testing, physical and chemical testing, electromagnetic compatibility testing, product safety testing, and life health testing services [1] - The company has capabilities and qualifications in areas such as robot EMC testing, safety testing, and environmental reliability testing, allowing it to provide testing services specifically for robots [1]