受益于机器人行业需求快速增长，公司机器人业务营收同比大幅提升，成为驱动公司整体业绩增长的核 心引擎;同时，公司通过精细化运营管理，实施控费增效措施，期间费用增长幅度小于收入增长幅度， 使得净利润实现快速增长。 步科股份(688160.SH)披露2025年度业绩快报，公司实现营业收入7.24亿元，同比增长32.18%;实现利润 总额7999.13万元，同比增长60.01%;实现归属于母公司所有者的净利润7290.78万元，同比增长49.12%。 ...

智通财经APP讯，步科股份(688160.SH)披露2025年度业绩快报，公司实现营业收入7.24亿元，同比增长 32.18%;实现利润总额7999.13万元，同比增长60.01%;实现归属于母公司所有者的净利润7290.78万元， 同比增长49.12%。 受益于机器人行业需求快速增长，公司机器人业务营收同比大幅提升，成为驱动公司整体业绩增长的核 心引擎;同时，公司通过精细化运营管理，实施控费增效措施，期间费用增长幅度小于收入增长幅度， 使得净利润实现快速增长。 ...

证券日报网讯 2月27日，步科股份发布公告称，公司2025年实现营业总收入72365.48万元，同比增长 32.18%；归属于母公司所有者的净利润7290.78万元，同比增长49.12%。 （文章来源：证券日报） ...

报告期内，公司实现归属于母公司所有者的净利润7290.78万元，同比增长49.12%，主要系：受益于机 器人行业需求快速增长，公司机器人业务营收同比大幅提升，成为驱动公司整体业绩增长的核心引擎； 同时，公司通过精细化运营管理，实施控费增效措施，期间费用增长幅度小于收入增长幅度，使得净利 润实现快速增长。 格隆汇2月27日丨步科股份(688160.SH)公布2025年度业绩快报，报告期内，公司实现营业收入7.24亿 元，同比增长32.18%；实现利润总额7999.13万元，同比增长60.01%；实现归属于母公司所有者的净利 润7290.78万元，同比增长49.12%。 ...

证券代码：688160 证券简称：步科股份 公告编号：2026-003 上海步科自动化股份有限公司 2025 年度业绩快报公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 本公告所载 2025 年度主要财务数据为初步核算数据，未经会计师事务所审 计，具体数据以上海步科自动化股份有限公司（以下简称"公司"）2025 年年 度的定期报告为准，提请投资者注意投资风险。 一、2025 年度主要财务数据和指标 单位：人民币万元 1、经营情况 报告期内，公司实现营业收入 72,365.48 万元，同比增长 32.18%；实现利润 总额7,999.13万元，同比增长60.01%；实现归属于母公司所有者的净利润7,290.78 万元，同比增长 49.12%。 2、财务状况 报告期末，公司总资产 163,076.46 万元，较期初增长 59.36%；归属于母公 司的所有者权益 129,625.14 万元，较期初增长 67.56%。 3、影响经营业绩的主要因素 | 项目 | 本报告期 | 上年同期 | 增减变动幅度 | | --- | - ...

步科股份发布业绩快报，2025年度公司实现营业收入7.24亿元，同比增长32.18%；实现利润总额 7999.13万元，同比增长60.01%；实现归属于母公司所有者的净利润7290.78万元，同比增长49.12%。报 告期内，公司实现归属于母公司所有者的净利润7290.78万元，同比增长49.12%，主要系：受益于 机器 人行业需求快速增长，公司机器人业务营收同比大幅提升，成为驱动公司整体业绩增长的核心引擎；同 时，公司通过精细化运营管理，实施控费增效措施，期间费用增长幅度小于收入增长幅度，使得净利润 实现快速增长。 ...

机械 分析师：刘智 登记编码：S0730520110001 liuzhi@ccnew.com 021-50586775 顺周期机械复苏持续，AI、人形机器人产业 蓬勃发展 ——机械行业月报 证券研究报告-行业月报 强于大市(维持) 机械相对沪深 300 指数表现 资料来源：中原证券 -18% -10% -1% 7% 15% 23% 32% 40% 2025.02 2025.06 2025.10 2026.02 机械 沪深300 相关报告 《机械行业月报：持续推荐人形机器人、AIDC 配套设备，关注低位滞涨板块的轮动机遇》 2026-01-27 《机械行业月报：人形机器人有望成为美国科 技战略主线，建议持续关注人形机器人、AIDC 配套设备》 2025-12-29 《机械行业月报：十五五规划强调科技自立， 未来产业引领，重点关注周期复苏和未来产业 投资机遇》 2025-11-26 联系人：李智 22楼 投资要点： ⚫ 2 月中信机械板块上涨 6.01%，跑赢沪深 300 指数（+0.63%）5.38 个百分点，在 30 个中信一级行业中排名第 2 名：截至 2026 年 2 月 25 日收盘，2 月中信机械板块 ...

2月23日，港股市场迎来马年第二个交易日，机器人概念板块（887755.WI）表现亮眼，截至午盘大涨 1.76%。成分股中，ASMPT（05522.HK）大涨5.27%，华虹半导体（1347.HK）大涨4.83%，耐世特、金 力永磁、天工国际等个股跟涨。 | < W | [HK]人形机器人指数(887755) | | | | --- | --- | --- | --- | | | 1743.45 30.20 +1.76% | | | | 済設 | 成分 | 资讯 | 相关基金 | | 名称 | 现价 | | 涨跌幅÷ | | ASMPT | 110.900 | | 5.72% | | 0522.HK | | | | | 农虹未营体 | 98.700 | | 4.83% | | 1347.HK | | | | | 中芯国际 | 70.750 | | 4.51% | | 0981.HK | | | | | 耐世特 | 8.020 | | 3.75% | | 1316.HK | | | | | 比亚迪电子 | 33.500 | | 3.46% | | 0285.HK | | | | | 三一国际 | 15.410 ...

Group 1 - The core focus of public funds is shifting towards the robotics industry chain, with multiple institutions conducting intensive research to uncover potential investment opportunities ahead of the new year [1][2] - Multiple public funds, including 嘉实基金, 易方达基金, and 宝盈基金, participated in a joint research on 多利科技, which is advancing in the robotics sector through a recent acquisition of 70% stake in 悍猛传动 [1] - 奥比中光, a leader in 3D visual perception technology, is also a popular subject of public fund research, with 15 institutions participating in discussions about its accelerating technology implementation in the robotics and AI vision sectors [1] Group 2 - Other companies in the robotics industry chain, such as 绿的谐波, 步科股份, and 汇川技术, have also been frequently appearing in public fund research lists, indicating strong institutional interest in the long-term potential of the robotics sector [2] - The recent activity in the robotics sector is not merely driven by seasonal sentiment, as evidenced by a surge in sales of high-end robots following the Spring Festival Gala, indicating a shift from concept to actual market demand [2] - Analysts believe that the concentrated research by public funds on the robotics industry chain reflects both a response to short-term market trends and a long-term bet on the industry's growth potential, driven by demographic changes and manufacturing upgrades [2]

Core Viewpoint - The humanoid robot sector is expected to gradually converge by 2026, with Tesla's Optimus moving from the laboratory phase to mass production, highlighting the need to focus on mass production certainty and new technological directions for efficiency improvement or significant cost reduction [1][2]. Industry Core Changes - The humanoid robot industry in 2025 saw significant order placements, primarily from government, data collection, and life service scenarios, with companies like Yuzhu, Zhiyuan, and UBTECH leading in shipment volumes [2]. - The prices of core robot components have significantly decreased due to industrial capital support, although there is still room for improvement in precision and lifespan [2]. - The model end has confirmed the correct path for VLA, with some models beginning to show intelligence, but the lack of sufficient data has prevented the formation of a scaling law cycle in the short term [2]. 2026 Strategy Outlook - The successful iteration of Tesla's Optimus is expected to lead to a large-scale production year in 2026, with key focus areas including Tier 1 suppliers, lead screws, and harmonic reducers, as the supply chain enters a contraction phase [3]. - For flexible robot targets, attention should be paid to technological iterations and cost reduction, with key drivers including improvements in dexterous hands, motors, and lightweight materials [3]. Investment Recommendations - For certainty in direction, focus on Tier 1 suppliers such as Sanhua Intelligent Control and Top Group, lead screws from Hengli Hydraulic and Zhejiang Rongtai, and harmonic reducers from Lide Harmonic and Siling Intelligent Drive [4]. - For technological transformation and cost reduction, key companies to watch include Zhaowei Electromechanical and Hanwei Technology for dexterous hands and electronic skin, Hengshuai Co. and Buke Co. for motors, and Hengbo Co. and Xingyuan Zhuomei for lightweight materials [4].