Performance Forecast - The company expects to achieve a net profit attributable to shareholders of approximately 41 million yuan for the year 2025, a decrease of about 60.57 million yuan compared to the previous year, representing a year-on-year decline of approximately 59.63% [2] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is approximately 19.6 million yuan, a decrease of about 55.97 million yuan compared to the previous year, representing a year-on-year decline of approximately 74.06% [2] Previous Year Performance - In 2024, the company reported an operating income of 508.04 million yuan, a net profit attributable to shareholders of 101.57 million yuan, and a net profit of 75.57 million yuan after deducting non-recurring gains and losses [4] Reasons for Performance Changes - The company has increased its investment in research and development significantly in 2025 [6] - A reduction in client project budgets, a decline in product prices, and changes in the product mix have led to a decrease in overall gross profit margin [7] - Some major projects have long production cycles and have not been completed, resulting in reduced revenue recognition for 2025 [8]

（文章来源：证券日报） 证券日报网讯 1月26日，航天环宇发布2025年年度业绩预告称，公司预计2025年归属于母公司所有者的 净利润为4，100.00万元左右，相较上年同期（法定披露数据），预计将减少6，056.62万元左右，同比 减少59.63%左右。 ...

Group 1 - The aerospace equipment sector experienced a significant decline of 9.75% on January 26, with Aerospace HuanYu leading the drop [1] - The Shanghai Composite Index closed at 4132.61, down 0.09%, while the Shenzhen Component Index closed at 14316.64, down 0.85% [1] - Key stocks in the aerospace equipment sector showed notable declines, with China Satellite and Aerospace Electronics both falling by 10% [1] Group 2 - The net outflow of main funds from the aerospace equipment sector reached 7.677 billion yuan, while retail investors saw a net inflow of 4.966 billion yuan [1] - Individual stock performances indicated that Aerospace HuanYu had a net outflow of 1.42 million yuan from main funds, but a net inflow of 72.05 million yuan from retail investors [2] - China Satellite experienced a significant net outflow of 2.595 billion yuan from main funds, while retail investors contributed a net inflow of 1.231 billion yuan [2]

每经AI快讯，航天环宇(688523)1月26日公告，预计公司2025年度实现归属于母公司所有者的净利润为 4100万元左右，相较上年同期(法定披露数据)，将同比减少59.63%左右。报告期内因客户项目预算缩 减，产品价格下降，同时公司部分产品结构的变化，导致综合毛利率下降；加大项目研发力度，2025 年研发投入大幅增加。 （文章来源：每日经济新闻） ...

格隆汇1月26日丨航天环宇(688523.SH)公布，经公司财务部门初步测算，预计公司2025年年度主要财务 指标具体如下： 预计实现归属于母公司所有者的净利润为4100.00万元左右，相较上年同期(法定披露数据)，预计将减少 6056.62万元左右，同比减少59.63%左右。预计实现归属于母公司所有者的扣除非经常性损益后的净利 润为1960.00万元左右，相较上年同期(法定披露数据)，预计将减少5596.59万元左右，同比减少74.06% 左右。 本期业绩变化的主要原因是公司加大项目研发力度，2025年研发投入大幅增加；因客户项目预算缩减， 产品价格下降，同时公司部分产品结构的变化，导致综合毛利率下降；公司部分重大项目生产周期长， 未完成交付，导致2025年确认收入减少。 ...

预计实现归属于母公司所有者的净利润为4100.00万元左右，相较上年同期(法定披露数据)，预计将减少 6056.62万元左右，同比减少59.63%左右。预计实现归属于母公司所有者的扣除非经常性损益后的净利 润为1960.00万元左右，相较上年同期(法定披露数据)，预计将减少5596.59万元左右，同比减少74.06% 左右。 本期业绩变化的主要原因是公司加大项目研发力度，2025年研发投入大幅增加；因客户项目预算缩减， 产品价格下降，同时公司部分产品结构的变化，导致综合毛利率下降；公司部分重大项目生产周期长， 未完成交付，导致2025年确认收入减少。 格隆汇1月26日丨航天环宇(688523.SH)公布，经公司财务部门初步测算，预计公司2025年年度主要财务 指标具体如下： ...

证券代码：688523 证券简称：航天环宇 公告编号：2026-005 2025 年 1 月 1 日至 2025 年 12 月 31 日 （二） 业绩预告情况 经湖南航天环宇通信科技股份有限公司（以下简称"公司"）财务部门初步测算， 预计公司 2025 年年度主要财务指标具体如下： 1、预计实现归属于母公司所有者的净利润为 4,100.00 万元左右，相较上年同期 （法定披露数据），预计将减少 6,056.62 万元左右，同比减少 59.63%左右。 2、预计实现归属于母公司所有者的扣除非经常性损益后的净利润为 1,960.00 万 元左右，相较上年同期（法定披露数据），预计将减少 5,596.59 万元左右，同比减少 74.06%左右。 湖南航天环宇通信科技股份有限公司 2025 年年度业绩预告 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。 一、本期业绩预告情况 （一） 业绩预告期间 （三） 本次业绩预告未经注册会计师审计。 二、上年同期业绩情况 本次业绩预告是公司财务部门基于自身专业判断进行的初步核算，未经注册会计 ...

Core Viewpoint - The company, Hunan Aerospace Huanyu Communication Technology Co., Ltd., is expected to experience a significant decline in net profit for the year 2025, with projections indicating a decrease of approximately 59.63% compared to the previous year [1] Financial Projections - The estimated net profit attributable to the parent company's shareholders for 2025 is around 41 million yuan, which represents a decrease of approximately 60.57 million yuan from the previous year [1] - The projected net profit attributable to the parent company's shareholders, excluding non-recurring gains and losses, is expected to be about 19.6 million yuan, reflecting a decrease of around 55.97 million yuan year-on-year, equating to a decline of approximately 74.06% [1]

1月26日，卫星板块巨幅震荡。数据显示，截至14时50分，两融标的卫星产业ETF(159218)跌7.53%，成 分股航天环宇、中科星图跌超10%。然而，与盘面跌势形成鲜明对比的是，据行情数据测算，有超3.9 亿元的资金选择在下跌中逆势涌入该ETF，呈现出"越跌越买"的特征。 | 卫星产业ETF | | 159218 | | --- | --- | --- | | 2.060 | -0.172 -7.71% | | | SZSE CNY 14:47:15 交易中 | 十八 八 出 | | | 净值走势 | 招商中证卫星产业ETF | | | 定 16.58% 120日 | 82.62% | | | 5日 -0.29% 250日 | 0.00% | | | 20日 31.38% 52周高 | 2.40 | | | 60日 65.06% 52周低 | 0.98 | | | 实时申购睦回信息 | 申記 顾回 | | | 笔数 | 212 31 | | | 金额 | 0 | 0 | | 份额 | 2.17亿 3100万 | | | 申陵清单 | | | | 最小申赎单位份额 | | 1,000,000 | | 现金替 ...

Group 1 - The A-share commercial aerospace sector is experiencing a continuous adjustment, with significant declines in stock prices [1] - China Satellite has hit the daily limit down, indicating a severe drop in investor confidence [1] - Other companies such as Bowei Alloys and Runbei Aerospace Technology also faced daily limit down, while companies like Xinke Mobile, Shaoyang Hydraulic, Zhenyou Technology, Aerospace Huanyu, and Chaojie Co. saw declines exceeding 10% [1]