| 2025 年 07 月 10 日 | | | --- | --- | | 赵旭东 | | | H70556@capital.com.tw | | | 目标价(元) | 16.0 | 公司基本信息 | 产业别 | | 交通运输 | | --- | --- | --- | | A 股价(2025/7/9) | | 12.70 | | 上证指数(2025/7/9) | | 3493.05 | | 股价 12 个月高/低 | | 19.01/11.64 | | 总发行股数(百万) | | 3420.23 | | A 股数(百万) | | 3420.23 | | A 市值(亿元) | | 434.37 | | 主要股东 | | 上海圆通蛟龙 | | | | 投资发展(集 | | | | 团)有限公司 | | | | (30.31%) | | 每股净值(元) | | 9.15 | | 股价/账面净值 | | 1.39 | | | 一个月 三个月 | 一年 | | 股价涨跌(%) | 2.1 -0.9 | -8.3 | | 近期评等 | | | | 评等 | | --- | | 前日收盘 | | 出刊日期 | | 产品 ...

Group 1: Business Segments and Developments - Aerospace precision manufacturing is a key future business area for the company, with a focus on UAV components and missile precision parts [2][3] - The company is developing the third generation of dexterous hands for humanoid robots, targeting multi-sensor integration and control [3] - The company has established a strong market presence in the new energy electric drive core, with significant supply to leading electric vehicle manufacturers [3][4] Group 2: Strategic Partnerships and Projects - The company is collaborating with Bosch on the new energy commercial vehicle drive motor assembly, with supply expected to start in the second half of 2025 [3][4] - The company has successfully broken the foreign monopoly in the heavy-duty truck EGR valve market and is expanding its customer base [7] - The company has entered into contracts for commercial satellite projects with Galaxy Aerospace, with ongoing cooperation with China Aerospace Technology Group [10][11] Group 3: Market Position and Competitiveness - The company holds a leading position in the domestic EGR system market for passenger vehicles, supplying major clients such as BYD, Chery, and Geely [6][7] - The EGR technology is positioned as a key solution for energy conservation and emission reduction in both commercial and passenger vehicles, aligning with national policies [5][6] - The company is optimistic about the market prospects for EGR systems, leveraging over 20 years of industry experience [5][6] Group 4: Financial Outlook and Growth Drivers - The revenue contribution from satellite products is expected to be 10-15% in 2024 [10] - The company anticipates significant growth in the precision components sector driven by new project mass production and an expanding customer base [7][8] - The copper busbar business is projected to double in 2025, supported by various vehicle models [8]

每经记者 陈婷 每经编辑 马子卿 日前，圆通速递（SH600233，股价12.97元，市值447亿元）发布了2024年财报。数据显示，2024年全年，公司实现营业收入690.33亿元，同比增长19.67%； 归属于母公司股东净利润40.12亿元，同比增长7.78%，其中快递业务实现归属于母公司股东净利润43.07亿元，同比增长12.16%。 为市场关注的是，公司2024年财报显示，圆通速递2024年全年快递业务完成量265.73亿件，同比增长25.32%，超出行业平均增速3.8个百分点。在韵达被卷 入激烈的"争三"大战之际，圆通速递似乎已经坐稳了"通达系"老二的位置。 公司2025年第一季度报告显示，今年一季度，圆通速递实现营业收入170.60亿元，同比增长10.58%，归母净利润8.57亿元；快递业务完成量67.79亿件，同比 增长22%。 但回顾过去的一年，圆通速递在国际业务上的发展却似乎进入了瓶颈。数据显示，其2024年国际快递及包裹业务的营收比上年同期下降了5.58%。 单票快递产品收入降低背景下，去年营收增长近两成 数据显示，圆通速递的单票收入还在下降之中。圆通速递2024年财报显示，其2024年的 ...

营收微降1.53%，净利润大增46.03% 2025年4月，山河智能装备股份有限公司发布2024年年度报告。报告期内，公司实现营业收入71.19亿 元，较上年同期的72.29亿元下降1.53%；归属于上市公司股东的净利润为7299.56万元，同比增长 46.03%。这一增一降的数据变化，反映出公司在经营过程中面临着复杂的市场环境和挑战。 营收下滑，业务结构有调整 从业务板块来看，工程机械业务作为公司的核心业务，营收为57.92亿元，同比下降4.73%，占总营收的 81.37%。这一下降趋势与国内工程机械行业整体下行周期相契合，受更新换代需求下行影响，国内市 场的下滑对公司相关产品销售收入产生了一定冲击。然而，航空业务板块表现亮眼，实现营收10.14亿 元，同比增长11.18%，占总营收的14.24%。这得益于全球航空市场资产价值的普遍回升以及公司在该 领域业务布局的持续推进，如飞机租赁、销售等业务交易额的企稳回升。工程施工及其他业务营收为 3.13亿元，同比增长31.50%，占总营收的4.39%，其增长可能得益于公司在相关领域的市场拓展或项目 推进。 分地区来看，国内市场营收27.06亿元，同比下降13.34 ...