2025年半年报业绩点评-首次覆盖报告：智能网联强检催化，主业高增驱动业绩稳健

       46.97 53.90 64.10 75.90 14.65 14.77 18.92 18.41 9.08 11.39 13.64 16.52 8.56 25.48 19.72 21.15 44.52 44.77 44.80 45.28 0.91 1.14 1.36 1.65 20.85 16.62 13.88 11.46 49.05 56.77 66.24 79.79 46.97 53.90 64.10 75.90 18.17 23.77 27.53 35.05 26.05 29.77 35.38 41.53 16.87 16.44 19.62 22.35 0.46 0.55 0.65 0.77 0.82 1.26 1.38 1.68 1.85 2.13 2.53 3.00 0.96 0.98 1.21 1.40 3.99 4.58 5.44 6.44 3.45 3.67 4.35 5.01 -0.04 -0.24 -0.34 -0.41 8.78 10.64 12.15 14.30 -0.21 -0.10 -0.10 -0.10 51.29 55.28 59.50 62.13 0.04 0.00 0.00 0.00 0.08 0.08 0.08 0.08 -0.34 -0.05 -0.20 -0.18 32.19 36.03 40.24 42.87 11.42 13.89 16.71 20.37 4.32 4.32 4.32 4.32 0.02 0.02 0.02 0.02 14.71 14.86 14.86 14.86 0.03 0.03 0.03 0.03 100.35 112.05 125.74 141.92 11.40 13.88 16.70 20.36 20.78 24.15 28.44 33.25 1.73 1.76 2.19 2.78 0.08 0.08 0.08 0.08 9.68 12.12 14.52 17.58 9.06 9.72 11.80 13.75 0.60 0.73 0.88 1.06 11.64 14.35 16.56 19.42 9.08 11.39 13.64 16.52 5.07 5.58 5.58 5.58 15.68 14.04 17.25 21.21 0.05 0.05 0.05 0.05 0.91 1.14 1.36 1.65 5.02 5.54 5.54 5.54 25.85 29.74 34.03 38.84 3.89 4.62 5.50 6.56 14.65%14.77%18.92%18.41%70.61 77.69 86.21 96.52 14.06%21.69%20.31%21.89%100.35 112.05 125.74 141.92 8.56%25.48%19.72%21.15%44.52%44.77%44.80%45.28%19.33%21.13%21.27%21.77%4.95 13.27 14.12 17.72 12.86%14.66%15.82%17.12%9.68 12.12 14.52 17.58 12.75%13.96%15.02%16.25%4.09 0.40 0.89 1.26 25.76%26.54%27.06%27.36%0.12 0.09 0.09 0.09 -20.92%-25.28%-26.78%-31.13%0.34 0.05 0.20 0.18 2.36 2.35 2.33 2.40 -10.17 -0.12 -2.42 -2.22 2.03 2.05 2.03 2.11 0.88 0.72 0.86 0.84 0.49 0.51 0.54 0.57 -6.24 -4.16 -5.16 -3.90 3.48 3.24 3.55 3.62 -6.90 -4.13 -4.96 -3.72 3.32 3.17 3.29 3.25 0.55 0.00 0.00 0.00 0.91 1.14 1.36 1.65 0.11 -0.03 -0.20 -0.18 0.49 1.32 1.41 1.77 -4.38 -3.50 -5.21 -6.29 7.04 7.75 8.59 9.62 0.03 0.00 0.00 0.00 20.85 16.62 13.88 11.46 -0.01 0.00 0.00 0.00 2.68 2.44 2.20 1.96 -4.39 -3.50 -5.21 -6.29 10.28 12.00 9.55 7.41 -5.66 5.60 3.76 7.53 4.03 3.51 2.95 2.49