每经记者｜王砚丹 每经编辑｜赵云 先达股份属于前者，公司预计前三季度净利增长2807% ~3211%，居所有发布业绩预告上市公司之首。 《每日经济新闻》记者注意到，2025年10月是三季报披露的窗口期，受国庆长假影响，三季报披露节奏 非常紧凑，可谓上市公司财报"最短窗口期"。 先达股份表示，公司主打产品烯草酮的市场售价较同期大幅上涨及创制产品吡唑喹草酯系列在本年度实 现销售，带动公司产品毛利率的增长；公司推动运营改革，实施毛利分配方案，充分调动各单位的积极 性，落实各项成本管控，企业运行效率持续提升。 截至10月20日，离10月31日三季报披露完毕（上市公司三季报实际挂网时间为10月30日晚间）只剩9个 交易日，如何在三季报中掘金？哪些公司值得重点关注？ 《每日经济新闻》记者注意到，稀土链公司和先达股份类似，受益于产品价格大增而交出靓丽业绩答 卷。 Wind（万得）资讯统计数据显示，截至10月15日晚间，有126家公司发布业绩预告，其中，有105家公 司表示业绩将出现同比正增长（即净利润同比增长最大变动幅度大于零），占比高达83.33%。部分业 绩大增的公司在发布公告后次日大涨，凸显市场对财务数据的重视。 上 ...

Core Insights - The A-share market has shown an upward trend since October, with the Shanghai Composite Index recovering above 3900 points, coinciding with the third-quarter earnings report disclosure period [1] - As of October 15, 126 companies have released earnings forecasts, with 105 of them expecting year-on-year profit growth, indicating a strong market focus on financial data [1] Group 1: Earnings Forecasts - Two main reasons for companies' positive earnings forecasts are price increases and the ramp-up of product production [2] - Companies like Xianda Co., ShuoBeide, and Chujian New Materials are leading the earnings growth forecast, with increases exceeding 2000% [2] - Resource cycle companies have benefited from significant price increases, while certain tech companies are entering a phase of mass production, driving their earnings growth [2][4] Group 2: Notable Companies - Xianda Co. expects a net profit increase of 2807% to 3211% for the first three quarters, driven by rising market prices for its main product, and operational reforms [2] - Shenghe Resources anticipates a net profit of approximately 740 million to 820 million yuan, reflecting a year-on-year increase of 696.82% to 782.96%, due to favorable market conditions and price increases [3] - ShuoBeide's net profit is projected to increase by 2836.86% to 3203.96%, attributed to enhanced production capacity and successful collaborations with major clients [4] Group 3: Market Trends and Reporting Schedule - The third-quarter earnings report window is short, with only ten trading days left until the reports are due by October 31 [6] - A total of 2352 companies are expected to disclose their earnings in the final week of October, marking a peak in reporting activity [6][11] - Key companies such as NIO, China Telecom, and major banks are scheduled to release their earnings reports between October 21 and October 31 [7][8]

Core Viewpoint - The company, Huizhou Shobeyde Wireless Technology Co., Ltd., is expected to report significant profit growth for the first three quarters of 2025, driven by business optimization and increased production scale of core products [2][3] Financial Performance - For the first nine months of 2025, the company anticipates a net profit attributable to shareholders ranging from 49.53 million to 51.53 million yuan, representing a year-on-year increase of 1258.39% to 1313.24% from 3.6463 million yuan [2] - After excluding non-recurring gains and losses, the expected net profit is between 44.43 million and 46.43 million yuan, a substantial rise of 4785.14% to 5005.01% compared to 0.9096 million yuan in the same period last year [2] - In the third quarter of 2025, the projected net profit is between 16 million and 18 million yuan, marking a year-on-year increase of 2836.86% to 3203.96% from 0.5448 million yuan [2] - Excluding non-recurring items, the company expects to achieve a net profit of 16 million to 18 million yuan, a turnaround from a loss of 0.20656 million yuan in the previous year, reflecting a growth of 874.59% to 971.42% [2] Business Development - The significant growth in performance is attributed to the optimization of the business structure and the scaling up of core product production [3] - In the third quarter, several business highlights emerged, including the mass production of smart wearable antennas in collaboration with a well-known domestic AI glasses client, which contributed to revenue growth [3] - The automotive antenna and wiring harness businesses are experiencing rapid development, with net profits increasing several times; the automotive antenna segment has gained global supplier qualification from a renowned international automotive manufacturer [3] - The wiring harness business secured a project for battery pack wiring harnesses from a prominent domestic automotive client, enhancing market competitiveness [3] - Products such as thermal siphons and PCS liquid cooling plates have achieved small batch shipments, while the gaming console SOC cooling modules are entering a peak production phase [3] - The company is actively expanding into new businesses such as server liquid cooling, laying a foundation for long-term development [3]

Financial Data - As of the end of September, the total social financing stock was 437.08 trillion yuan, with a year-on-year growth of 8.7% [1][2] - In the first three quarters, the cumulative increase in social financing was 30.09 trillion yuan, which is 4.42 trillion yuan more than the same period last year [2] - The broad money supply (M2) balance was 335.38 trillion yuan at the end of September, with a year-on-year growth of 8.4% [2] - In the first three quarters, the increase in RMB loans was 14.75 trillion yuan [2] Consumer Price Index (CPI) - In September, the Consumer Price Index (CPI) rose by 0.1% month-on-month and fell by 0.3% year-on-year [2] - The core CPI, excluding food and energy prices, increased by 1% year-on-year, marking the first return to this growth rate in 19 months [2] Company Performance - Shuo Bei De (硕贝德) expects a net profit of 495.31 million to 515.31 million yuan for the first three quarters, representing a year-on-year increase of 1258.39% to 1313.24% [4] - In the third quarter, Shuo Bei De's net profit is projected to grow by 2836.86% to 3203.96% year-on-year [4] - Guanghua Technology (光华科技) reported a net profit of 90.39 million yuan for the first three quarters, a year-on-year increase of 1233.70% [4] - Xin Zhi Group (信质集团) achieved a net profit of 122 million yuan in the first three quarters, up 39.49% year-on-year [4] Company Initiatives - The National Development and Reform Commission announced a plan to double the service capacity of electric vehicle charging facilities by 2027, aiming to build 28 million charging facilities nationwide [2] - Hangzhou's government introduced the "Run Seed Plan" to support the high-quality development of technology-based startups, offering up to 1 million yuan in rewards for key enterprises [3] Stock Buybacks - Heng Ming Da (恒铭达) proposed a share buyback of 200 million to 400 million yuan for employee stock ownership plans [5] - Kang Chen Pharmaceutical (康辰药业) plans to repurchase shares worth 50 million to 100 million yuan for employee stock ownership plans [5] Mergers and Acquisitions - Xin Bo Co. (鑫铂股份) plans to invest 1.5 million USD to establish a subsidiary in Singapore to enhance its international market presence [5] - Chip Origin (芯原股份) intends to acquire control of a semiconductor company for a total equity value of 950 million yuan [9]

Core Viewpoint - The company Shobead (300322.SZ) anticipates a significant increase in net profit for the first three quarters of 2025, with projections indicating a year-on-year growth of over 1258% to 1313% [1] Financial Performance - The expected net profit attributable to shareholders ranges from 49.53 million to 51.53 million yuan, reflecting a year-on-year increase of 1258.39% to 1313.24% [1] - The net profit after deducting non-recurring gains and losses is projected to be between 44.44 million and 46.44 million yuan, showing a substantial year-on-year growth of 4785.14% to 5005.01% [1] Business Development - The company has entered mass production with a well-known domestic AI glasses client for its smart wearable antennas [1] - The vehicle-mounted antenna and wiring harness businesses are experiencing rapid growth, with net profits achieving several times increase [1] - The vehicle-mounted antenna has obtained global supplier qualification from a renowned international automotive manufacturer [1] - The wiring harness business has secured a project for battery pack wiring harnesses from a well-known domestic automotive client [1] - Products such as thermal siphons and PCS liquid cooling plates have achieved small batch shipments [1] - The gaming console SOC cooling module has reached peak mass production [1] - The company is actively expanding into server liquid cooling and other related businesses [1]

Core Viewpoint - The company ShuoBeide (300322) anticipates significant growth in net profit for the first three quarters of 2025, projecting a year-on-year increase of approximately 1258.39% to 1313.24% [1] Financial Performance - Expected net profit for the first three quarters of 2025 is between 49.53 million and 51.53 million yuan [1] - Projected net profit for the third quarter is between 16 million and 18 million yuan, reflecting a year-on-year growth of 2836.86% to 3203.96% [1] Product Development and Market Expansion - The company has significantly increased the production and delivery scale of its main products, leading to rapid overall performance growth [1] - Collaboration with a well-known domestic AI glasses client has entered the mass production phase for smart wearable antennas [1] - The automotive antenna and wiring harness businesses are experiencing rapid growth, with net profits increasing several times [1] - The automotive antenna has gained global supplier qualification from a renowned international automotive manufacturer [1] - The wiring harness business has secured a project for battery pack wiring harnesses from a well-known domestic automotive client [1] - Small batch shipments of thermal siphon and PCS liquid cooling plates have been achieved [1] - The gaming console SOC cooling module has reached peak mass production [1] - The company is actively expanding into server liquid cooling and other related businesses [1]

Core Viewpoint - The company Shuo Bei De (300322.SZ) expects a significant increase in net profit for the first three quarters, with projections indicating a growth of 1,258.39% to 1,313.24% compared to the same period last year [1] Financial Performance - The net profit attributable to shareholders is estimated to be between 49.53 million and 51.53 million yuan [1] - The net profit after deducting non-recurring gains and losses is projected to be between 44.44 million and 46.44 million yuan, reflecting a growth of 4,785.14% to 5,005.01% year-on-year [1] Business Development - The company has focused on enhancing efficiency and optimizing its business structure, leading to a substantial increase in the production and delivery scale of its main products [1] - In the third quarter, the collaboration with a well-known domestic AI glasses client for smart wearable antennas has entered the mass production phase [1] - The automotive antenna and wiring harness businesses are experiencing rapid growth, with net profits increasing several times; the automotive antenna has gained global supplier qualification from a renowned international automotive manufacturer, and the wiring harness business has secured a project for battery pack wiring harnesses from a well-known domestic automotive client [1] - Products such as thermal siphons and PCS liquid cooling plates have achieved small batch shipments, while gaming console SOC cooling modules have reached peak mass production; the company is also actively expanding into server liquid cooling and other businesses [1]

Core Viewpoint - The company, Xinwei Communication, is expanding its business into the automotive sector by providing products such as in-vehicle wireless charging, antennas, and smart digital keys, with plans to explore more collaboration opportunities based on customer needs [1] Company Developments - The company has not yet ventured into automotive battery-related businesses but aims to leverage its years of experience in mobile terminal wireless charging technology to seek opportunities in wireless charging for automotive batteries [1]

Core Viewpoint - The company reported significant growth in revenue and net profit for 2024, with a focus on expanding into emerging markets such as commercial satellite communication, smart automotive, and smart home sectors [1] Group 1: Financial Performance - In 2024, the company achieved a revenue of 8.744 billion yuan, a year-on-year increase of 15.85% [1] - The net profit attributable to shareholders reached 662 million yuan, reflecting a year-on-year growth of 26.89% [1] - For Q1 2025, the company anticipates gradual improvement in operations starting from Q2 despite short-term impacts from external uncertainties [1] Group 2: Business Expansion - The company is actively exploring new markets in commercial satellite communication, smart automotive, and smart home sectors, enhancing its second growth curve [1] - In the commercial satellite communication sector, the company has made significant breakthroughs and is expanding its business scale, becoming a key supplier in the satellite field [2] - The company has successfully supplied products to major North American clients and plans to engage with more large manufacturers in the future [2] Group 3: Strategic Focus Areas - The government has emphasized the development of smart connected vehicles, marking a shift in the automotive industry towards intelligent mobility [3] - The company has increased its focus on smart automotive business, securing qualifications from domestic and international manufacturers for various products [3] - In the smart home market, the global market size is projected to reach 155.8 billion USD in 2024, with a compound annual growth rate of 21.52% from 2017 to 2024 [4] - The company is leveraging its core products to establish a leading position in the smart home and IoT sectors, with significant advancements in various applications [4] Group 4: Future Outlook - The company plans to continue investing in consumer electronics, commercial satellite communication, and smart automotive sectors while exploring emerging fields such as 6G, 7G, data centers, artificial intelligence, and humanoid robots [4]