证券研究报告·公司点评报告·通用设备 华辰装备（300809） 2025 年半年报点评：营收稳健增长，积极布 局人形机器人&半导体等新兴领域 增持（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 479.16 | 445.99 | 520.82 | 696.83 | 984.08 | | 同比（%） | 42.48 | (6.92) | 16.78 | 33.80 | 41.22 | | 归母净利润（百万元） | 117.75 | 61.98 | 99.23 | 144.32 | 219.18 | | 同比（%） | 149.41 | (47.36) | 60.10 | 45.44 | 51.87 | | EPS-最新摊薄（元/股） | 0.46 | 0.24 | 0.39 | 0.57 | 0.86 | | P/E（现价&最新摊薄） | 109.21 | 207.48 | 129.59 | 89.10 | 58.67 ...

编号：2025-001 | 投资者关系活动类别 | 特定对象调研 分析师会议 | | --- | --- | | | 媒体采访 业绩说明会  | | | 新闻发布会 路演活动 | | | 现场参观 其他（电话会议） | | 参与单位 | 通过"价值在线"（www.ir-online.cn）线上参与公司 年 2024 | | | 度网上业绩说明会的投资者 | | 会议时间 | 2025 年 04 月 29 日 15:00-17:00 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | | 董事长 曹宇中 总经理 许少军 | | 上市公司接待人员 | | | 姓名 | 董事、副总经理、董事会秘书兼财务总监 徐彩英 | | | 独立董事 彭连超 1.请问下目前公司经营状况怎样，在手订单多少？ | | | 将按照年度既定计划，坚持创新驱动，持续聚焦主业发展，不断拓 | | | 答:尊敬的投资者，您好！公司目前整体生产经营情况良好，公司 | | | 展产品应用市场，做好各项经营管理工作，保障公司健康可持续发 | | | 展。公司业务相关情况您可以关注公司定期 ...

Group 1 - The company has signed a significant contract with Fuliwang for the sale of 100 precision grinding machines, which will be delivered over the next year. These machines will be used for thread processing of planetary roller screw components with a thread diameter of less than 10mm [1] - The company is leading the domestic replacement of high-end grinding equipment in the screw rod field, having developed a series of high-precision grinding products that meet international standards. This includes the μ-series grinding products and precision internal/external thread grinding machines [1] - The company has also won a bid for a high-precision P0 level grinding machine project, marking a key step in its layout in the humanoid robot screw rod field [1] Group 2 - The company has established a joint venture with Changguang Daqi to enter the semiconductor precision grinding field, holding a 73% stake in the new company. This joint venture will focus on ultra-precision optical component grinding machines and related services [2] - The company is expected to create a new growth driver through this collaboration, which will involve the production and technical validation of ultra-precision grinding machines for optical and semiconductor components [2] - The company maintains profit forecasts for 2024-2026, estimating net profits of 101 million, 140 million, and 190 million yuan, with corresponding EPS of 0.40, 0.55, and 0.75 yuan [2]