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宽心看待

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09-18

$吉利汽车(00175)$北方开电车的都懂，冬天快充就是大型翻车现场。电池温度不够，就算硬件支持大功率，功率直接躺平，还像冬天猛灌冰水伤肠胃，加速电池老化。吉利AI智充能提前预热电池，车桩云联动，低温也稳住充电

09-06

$吉利汽车(00175)$感觉现在车市完全杀红眼，各家都在砸优惠抢单。

08-17

$吉利汽车(00175)$吉利这份中报还可以啊！营收1736亿创历史新高，核心归母净利直接大涨46%，跑赢营收增速。毛利率、单车收入同步往上走，不是靠堆销量换收入，是实实在在盈利能力变强。虽然港股今天只涨5个点，但这份财报含金量摆在这，我打算继续拿住不动。

2025-07-24

$极智嘉-W(02590)$ 中国高端制造出海标杆，极智嘉AMR自主移动机器人解决方案受全球巨头认可，政策支持+行业高增长，上市后国际化加速，长期空间打开，翻倍不是问题。

04-08

当市场意识到极智嘉不只是"仓储机器人公司"，而是"具身智能解决方案商"时，估值体系就会重构。$极智嘉-W(02590)$

@华尔街财圈:普遍亏钱的行业，极智嘉凭什么能实现高毛利盈利？

02-04

$赛力斯(09927)$ 这两天赛力斯的股价说明市场还是认可股价跟着销量走的，后面跟着节奏走，只要销量能保持住，价值总会回归的

2025-12-29

$地平线机器人-W(09660)$ 下午来个反包？

2025-08-26

$车车科技(CCG)$余承东刚说鸿蒙智行突破90万辆，内部朋友就说车车和**鸿蒙智行的合作有大进展，问界、智界系列都要用它的系统，又一个爆点要来了。

06-05

$思格新能(06656)$ 不吹不黑，思格新能源这次发布的全域AI智能体，至少在概念上领先了行业半步。下一步看用户反馈和实际节能数据，如果效果好，估值逻辑确实会变

03-13

尽管近期股价有所调整，但瑞声科技基本面持续向好，投行普遍看好，静待业绩催化 $瑞声科技(02018)$

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3.4%，$半导体指数ETF-HOLDRs(SMH)$上涨","images":[{"img":"https://static.tigerbbs.com/5c51b0d84205837e2b54f41e0b8320b3","width":"775","height":"821"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609127415510248","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609109051064448,"gmtCreate":1789734950471,"gmtModify":1789734952695,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a 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href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a>北方开电车的都懂，冬天快充就是大型翻车现场。电池温度不够，就算硬件支持大功率，功率直接躺平，还像冬天猛灌冰水伤肠胃，加速电池老化。吉利AI智充能提前预热电池，车桩云联动，低温也稳住充电","text":"$吉利汽车(00175)$北方开电车的都懂，冬天快充就是大型翻车现场。电池温度不够，就算硬件支持大功率，功率直接躺平，还像冬天猛灌冰水伤肠胃，加速电池老化。吉利AI智充能提前预热电池，车桩云联动，低温也稳住充电","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/609109051064448","isVote":1,"tweetType":1,"viewCount":1401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604777177494912,"gmtCreate":1788687735258,"gmtModify":1788687738574,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a>感觉现在车市完全杀红眼，各家都在砸优惠抢单。","listText":"<a href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a>感觉现在车市完全杀红眼，各家都在砸优惠抢单。","text":"$吉利汽车(00175)$感觉现在车市完全杀红眼，各家都在砸优惠抢单。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/604777177494912","isVote":1,"tweetType":1,"viewCount":4303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":597782750032728,"gmtCreate":1786961215253,"gmtModify":1786961218828,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a>吉利这份中报还可以啊！营收1736亿创历史新高，核心归母净利直接大涨46%，跑赢营收增速。毛利率、单车收入同步往上走，不是靠堆销量换收入，是实实在在盈利能力变强。虽然港股今天只涨5个点，但这份财报含金量摆在这，我打算继续拿住不动。","listText":"<a href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a>吉利这份中报还可以啊！营收1736亿创历史新高，核心归母净利直接大涨46%，跑赢营收增速。毛利率、单车收入同步往上走，不是靠堆销量换收入，是实实在在盈利能力变强。虽然港股今天只涨5个点，但这份财报含金量摆在这，我打算继续拿住不动。","text":"$吉利汽车(00175)$吉利这份中报还可以啊！营收1736亿创历史新高，核心归母净利直接大涨46%，跑赢营收增速。毛利率、单车收入同步往上走，不是靠堆销量换收入，是实实在在盈利能力变强。虽然港股今天只涨5个点，但这份财报含金量摆在这，我打算继续拿住不动。","images":[{"img":"https://static.tigerbbs.com/2ccb3ac1e05db8d483c5e86200f03b23","width":"620","height":"561"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/597782750032728","isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":585635609194648,"gmtCreate":1784008869126,"gmtModify":1784008871301,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/06880\">$MOMENTA-W(06880)$ </a>讲真绿鞋还在底下托着，这价位真跌不动多少，拿着死扛，早晚能涨回来吃肉","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/06880\">$MOMENTA-W(06880)$ </a>讲真绿鞋还在底下托着，这价位真跌不动多少，拿着死扛，早晚能涨回来吃肉","text":"$MOMENTA-W(06880)$ 讲真绿鞋还在底下托着，这价位真跌不动多少，拿着死扛，早晚能涨回来吃肉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/585635609194648","repostId":"585597359977536","repostType":1,"repost":{"id":585597359977536,"gmtCreate":1783999544576,"gmtModify":1783999547872,"author":{"id":"4209807740629800","authorId":"4209807740629800","name":"醉乡","avatar":"https://static.tigerbbs.com/1387bc8070a2ed033a7f6f79e87e6d99","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4209807740629800","idStr":"4209807740629800"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/06880\">$MOMENTA-W(06880)$</a>刚又小加了点仓，这位置性价比够高","listText":"<a href=\"https://laohu8.com/S/06880\">$MOMENTA-W(06880)$</a>刚又小加了点仓，这位置性价比够高","text":"$MOMENTA-W(06880)$刚又小加了点仓，这位置性价比够高","images":[{"img":"https://static.tigerbbs.com/44acefb113d8267638f9b9509906c615","width":"110","height":"113"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/585597359977536","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":578953462252608,"gmtCreate":1782355283431,"gmtModify":1782356477752,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/00412\">$山高控股(00412)$</a>股东周年大会刚开完，决议都通过了，没啥利空，就是市场没给反应，再等等看","listText":"<a href=\"https://laohu8.com/S/00412\">$山高控股(00412)$</a>股东周年大会刚开完，决议都通过了，没啥利空，就是市场没给反应，再等等看","text":"$山高控股(00412)$股东周年大会刚开完，决议都通过了，没啥利空，就是市场没给反应，再等等看","images":[{"img":"https://static.tigerbbs.com/341ec2edcda3a3973798156ea24ff003","width":"217","height":"298"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/578953462252608","isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":578953360064808,"gmtCreate":1782355235475,"gmtModify":1782356477633,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"跌下来反而是机会，思格新能源基本面还在 <a href=\"https://laohu8.com/S/06656\">$思格新能(06656)$</a>","listText":"跌下来反而是机会，思格新能源基本面还在 <a href=\"https://laohu8.com/S/06656\">$思格新能(06656)$</a>","text":"跌下来反而是机会，思格新能源基本面还在 $思格新能(06656)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/578953360064808","isVote":1,"tweetType":1,"viewCount":2338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":571907645814808,"gmtCreate":1780638214788,"gmtModify":1780639431164,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/06656\">$思格新能(06656)$</a> 不吹不黑，思格新能源这次发布的全域AI智能体，至少在概念上领先了行业半步。下一步看用户反馈和实际节能数据，如果效果好，估值逻辑确实会变","listText":"<a href=\"https://laohu8.com/S/06656\">$思格新能(06656)$</a> 不吹不黑，思格新能源这次发布的全域AI智能体，至少在概念上领先了行业半步。下一步看用户反馈和实际节能数据，如果效果好，估值逻辑确实会变","text":"$思格新能(06656)$ 不吹不黑，思格新能源这次发布的全域AI智能体，至少在概念上领先了行业半步。下一步看用户反馈和实际节能数据，如果效果好，估值逻辑确实会变","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/571907645814808","isVote":1,"tweetType":1,"viewCount":1071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":551307449874312,"gmtCreate":1775618454288,"gmtModify":1775618456359,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"当市场意识到极智嘉不只是\"仓储机器人公司\"，而是\"具身智能解决方案商\"时，估值体系就会重构。<a target=\"_blank\" href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$ </a>","listText":"当市场意识到极智嘉不只是\"仓储机器人公司\"，而是\"具身智能解决方案商\"时，估值体系就会重构。<a target=\"_blank\" href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$ </a>","text":"当市场意识到极智嘉不只是\"仓储机器人公司\"，而是\"具身智能解决方案商\"时，估值体系就会重构。$极智嘉-W(02590)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/551307449874312","repostId":"551291283936240","repostType":1,"repost":{"id":551291283936240,"gmtCreate":1775614434831,"gmtModify":1775615350789,"author":{"id":"4205903016862690","authorId":"4205903016862690","name":"华尔街财圈","avatar":"https://static.tigerbbs.com/42050a383a6b89bf2fa420d0bc366069","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4205903016862690","idStr":"4205903016862690"},"themes":[],"title":"普遍亏钱的行业，极智嘉凭什么能实现高毛利盈利？","htmlText":"近日，极智嘉交出了上市后的首份年度答卷，从营收、利润到现金流等核心数据指标来看，这份成绩单的含金量不低。 营收与毛利双双高增。营收31.71亿元，同比增长31.6%；毛利11.25亿元，同比增长34.4%，整体毛利率提升至35.5%。更耐人寻味的是结构变化：营收在涨，毛利涨得更快，运营费用率在降（销售及行政费用），三组信号叠加指出，标准化交付能力已然跑通，规模效应开始兑现。这是有质量的、健康的、可持续的增长。 经调整净利润4382万元，由亏转盈。跳出了行业“增收不增利”的泥潭，经营效率显著改善。 经营现金流净额8566.3万元，首次转正。这一意义，不亚于利润转正，对于处于扩张期的科技公司而言，现金流状况往往比利润更能反映经营质量，意味着公司摆脱了对外部融资的过度依赖，开始具备自我造血能力，也为后续业务扩张提供了弹药。 在行业普遍处于亏损的背景下，以上核心数据释放了一个信号，极智嘉以高增长、盈利、现金流等多重表现，既跑出独立行情，也跑通了商业化的验证。 01 跑出独立行情背后的壁垒何在？ 数据亮眼是表象，真正值得追问的是，在当下的竞争格局中，极智嘉凭什么能跑出独立行情？支撑这份成绩单的底层能力是什么？拆解下来，会发现三条清晰的护城河。 一、全球化，既是增长引擎，也是利润压舱石 对于众多仓储机器人而言，全球化早已不是可选项，而是决定增长上限与利润底线的核心战略。国内仓储机器人市场已陷入激烈价格竞争，而全球市场才是技术溢价、稳定盈利与长期增长的真正舞台。 从行业地位看，极智嘉的全球化壁垒已形成绝对优势。据全球市场研究机构InteractAnalysis报告，极智嘉已连续7年蝉联全球自主移动机器人（AMR）市占率第一，在全球仓储履约市场及“货架到人”细分方案领域市占率均位列第一，在EMEA、APAC、US等核心海外区域均稳居领军地位。 财务数据更直接揭示全球化的价值。2025年，极","listText":"近日，极智嘉交出了上市后的首份年度答卷，从营收、利润到现金流等核心数据指标来看，这份成绩单的含金量不低。 营收与毛利双双高增。营收31.71亿元，同比增长31.6%；毛利11.25亿元，同比增长34.4%，整体毛利率提升至35.5%。更耐人寻味的是结构变化：营收在涨，毛利涨得更快，运营费用率在降（销售及行政费用），三组信号叠加指出，标准化交付能力已然跑通，规模效应开始兑现。这是有质量的、健康的、可持续的增长。 经调整净利润4382万元，由亏转盈。跳出了行业“增收不增利”的泥潭，经营效率显著改善。 经营现金流净额8566.3万元，首次转正。这一意义，不亚于利润转正，对于处于扩张期的科技公司而言，现金流状况往往比利润更能反映经营质量，意味着公司摆脱了对外部融资的过度依赖，开始具备自我造血能力，也为后续业务扩张提供了弹药。 在行业普遍处于亏损的背景下，以上核心数据释放了一个信号，极智嘉以高增长、盈利、现金流等多重表现，既跑出独立行情，也跑通了商业化的验证。 01 跑出独立行情背后的壁垒何在？ 数据亮眼是表象，真正值得追问的是，在当下的竞争格局中，极智嘉凭什么能跑出独立行情？支撑这份成绩单的底层能力是什么？拆解下来，会发现三条清晰的护城河。 一、全球化，既是增长引擎，也是利润压舱石 对于众多仓储机器人而言，全球化早已不是可选项，而是决定增长上限与利润底线的核心战略。国内仓储机器人市场已陷入激烈价格竞争，而全球市场才是技术溢价、稳定盈利与长期增长的真正舞台。 从行业地位看，极智嘉的全球化壁垒已形成绝对优势。据全球市场研究机构InteractAnalysis报告，极智嘉已连续7年蝉联全球自主移动机器人（AMR）市占率第一，在全球仓储履约市场及“货架到人”细分方案领域市占率均位列第一，在EMEA、APAC、US等核心海外区域均稳居领军地位。 财务数据更直接揭示全球化的价值。2025年，极","text":"近日，极智嘉交出了上市后的首份年度答卷，从营收、利润到现金流等核心数据指标来看，这份成绩单的含金量不低。 营收与毛利双双高增。营收31.71亿元，同比增长31.6%；毛利11.25亿元，同比增长34.4%，整体毛利率提升至35.5%。更耐人寻味的是结构变化：营收在涨，毛利涨得更快，运营费用率在降（销售及行政费用），三组信号叠加指出，标准化交付能力已然跑通，规模效应开始兑现。这是有质量的、健康的、可持续的增长。 经调整净利润4382万元，由亏转盈。跳出了行业“增收不增利”的泥潭，经营效率显著改善。 经营现金流净额8566.3万元，首次转正。这一意义，不亚于利润转正，对于处于扩张期的科技公司而言，现金流状况往往比利润更能反映经营质量，意味着公司摆脱了对外部融资的过度依赖，开始具备自我造血能力，也为后续业务扩张提供了弹药。 在行业普遍处于亏损的背景下，以上核心数据释放了一个信号，极智嘉以高增长、盈利、现金流等多重表现，既跑出独立行情，也跑通了商业化的验证。 01 跑出独立行情背后的壁垒何在？ 数据亮眼是表象，真正值得追问的是，在当下的竞争格局中，极智嘉凭什么能跑出独立行情？支撑这份成绩单的底层能力是什么？拆解下来，会发现三条清晰的护城河。 一、全球化，既是增长引擎，也是利润压舱石 对于众多仓储机器人而言，全球化早已不是可选项，而是决定增长上限与利润底线的核心战略。国内仓储机器人市场已陷入激烈价格竞争，而全球市场才是技术溢价、稳定盈利与长期增长的真正舞台。 从行业地位看，极智嘉的全球化壁垒已形成绝对优势。据全球市场研究机构InteractAnalysis报告，极智嘉已连续7年蝉联全球自主移动机器人（AMR）市占率第一，在全球仓储履约市场及“货架到人”细分方案领域市占率均位列第一，在EMEA、APAC、US等核心海外区域均稳居领军地位。 财务数据更直接揭示全球化的价值。2025年，极","images":[{"img":"https://static.tigerbbs.com/0042ce426a2d8d8adb45659673b47f8d","width":"1080","height":"604"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/551291283936240","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":542298139202016,"gmtCreate":1773383335643,"gmtModify":1773383337848,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"尽管近期股价有所调整，但瑞声科技基本面持续向好，投行普遍看好，静待业绩催化 <a href=\"https://laohu8.com/S/02018\">$瑞声科技(02018)$</a>","listText":"尽管近期股价有所调整，但瑞声科技基本面持续向好，投行普遍看好，静待业绩催化 <a href=\"https://laohu8.com/S/02018\">$瑞声科技(02018)$</a>","text":"尽管近期股价有所调整，但瑞声科技基本面持续向好，投行普遍看好，静待业绩催化 $瑞声科技(02018)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/542298139202016","isVote":1,"tweetType":1,"viewCount":1892,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":531221003372200,"gmtCreate":1770711744078,"gmtModify":1770711747009,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$</a> 现在满大街都在搞人形机器人，但大多是“实验室产物”。极智嘉今天发布的Gino 1完全是另一个物种。不是先造个躯壳再去求场景，而是长在仓储里的“原生AI”。这种具身智能带着极智嘉十年的Know-how，一落地就能干拣货、搬运、巡检的活儿，估计26年会有一波大行情","listText":"<a href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$</a> 现在满大街都在搞人形机器人，但大多是“实验室产物”。极智嘉今天发布的Gino 1完全是另一个物种。不是先造个躯壳再去求场景，而是长在仓储里的“原生AI”。这种具身智能带着极智嘉十年的Know-how，一落地就能干拣货、搬运、巡检的活儿，估计26年会有一波大行情","text":"$极智嘉-W(02590)$ 现在满大街都在搞人形机器人，但大多是“实验室产物”。极智嘉今天发布的Gino 1完全是另一个物种。不是先造个躯壳再去求场景，而是长在仓储里的“原生AI”。这种具身智能带着极智嘉十年的Know-how，一落地就能干拣货、搬运、巡检的活儿，估计26年会有一波大行情","images":[{"img":"https://static.tigerbbs.com/3ad2288bd96c678dfaef78bfcf33e489","width":"720","height":"414"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/531221003372200","isVote":1,"tweetType":1,"viewCount":2102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":528964663649360,"gmtCreate":1770172936266,"gmtModify":1770172938296,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/09927\">$赛力斯(09927)$</a> 这两天赛力斯的股价说明市场还是认可股价跟着销量走的，后面跟着节奏走，只要销量能保持住，价值总会回归的","listText":"<a 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数据不少，但我看完后的第一感觉是：市场对蔚来的定价，可能要变天了。 三季度，蔚来公司共交付新车87,071台，同比增长40.8%，环比增长20.8%；营收达到217.9亿元，同比增长16.7%，环比增长14.7%，交付量与营收均创下新高；整车毛利率达到14.7%，综合毛利率达到13.9%，毛利率水平创下近三年新高。 市场的喧嚣与质疑，在这样一份无可辩驳的成绩单面前，显得如此苍白：这份财报宣告了那个通过持续研发和基础设施投入，一度被市场质疑的蔚来，已经正式跨入了收获期。 一个问题油然而生：那个曾经被戏谑需要进“ICU”的蔚来，是如何在短短几年内，快速崛起的？ 寇可往，我亦可往。 如果你只看到了“量”的增长，那就太浅了。这次财报最核心的信号，是“质”的飞跃——综合毛利率13.9%，整车毛利率14.7%，双双创下近三年新高。简单来说，这意味着蔚来不仅卖得更多，而且每卖一辆车，也赚得更多了。 这种“量价齐飞”的健康增长模式，是任何一家公司梦寐以求的状态。 更值得注意的是，蔚来的现金储备达到了367亿，相比二季度的272亿，一个季度净增近百亿。 夸张吗？在当下这个竞争激烈的市场，现金流就是企业的生命线和底气。这笔钱不是靠融资，而是靠扎实的业务经营“挣”回来的。说明蔚来的运营体系效率正在持续提高，自我造血能力显著增强。依靠这种强大的经营弹性，全力争取四季度实现盈亏平衡的目标，在我看来，已经不是一句口号，而是水到渠成的事。 那么，支撑这一切的底层逻辑是什么？是昙花一现的爆款，还是体系化能力的必然结果？ 答案显然是后者。蔚来的增长，来自于旗舰产品的驱动，更源于对市场结构性拐点的精准把握。 先看蔚来品牌本身。全新ES8，作为40万元以上的高端纯电旗舰，仅用41天就交付破万","listText":"2025年11月25日，蔚来（NYSE:NIO；HKEX:9866；SGX:NIO）正式发布2025年第三季度财务报告。 数据不少，但我看完后的第一感觉是：市场对蔚来的定价，可能要变天了。 三季度，蔚来公司共交付新车87,071台，同比增长40.8%，环比增长20.8%；营收达到217.9亿元，同比增长16.7%，环比增长14.7%，交付量与营收均创下新高；整车毛利率达到14.7%，综合毛利率达到13.9%，毛利率水平创下近三年新高。 市场的喧嚣与质疑，在这样一份无可辩驳的成绩单面前，显得如此苍白：这份财报宣告了那个通过持续研发和基础设施投入，一度被市场质疑的蔚来，已经正式跨入了收获期。 一个问题油然而生：那个曾经被戏谑需要进“ICU”的蔚来，是如何在短短几年内，快速崛起的？ 寇可往，我亦可往。 如果你只看到了“量”的增长，那就太浅了。这次财报最核心的信号，是“质”的飞跃——综合毛利率13.9%，整车毛利率14.7%，双双创下近三年新高。简单来说，这意味着蔚来不仅卖得更多，而且每卖一辆车，也赚得更多了。 这种“量价齐飞”的健康增长模式，是任何一家公司梦寐以求的状态。 更值得注意的是，蔚来的现金储备达到了367亿，相比二季度的272亿，一个季度净增近百亿。 夸张吗？在当下这个竞争激烈的市场，现金流就是企业的生命线和底气。这笔钱不是靠融资，而是靠扎实的业务经营“挣”回来的。说明蔚来的运营体系效率正在持续提高，自我造血能力显著增强。依靠这种强大的经营弹性，全力争取四季度实现盈亏平衡的目标，在我看来，已经不是一句口号，而是水到渠成的事。 那么，支撑这一切的底层逻辑是什么？是昙花一现的爆款，还是体系化能力的必然结果？ 答案显然是后者。蔚来的增长，来自于旗舰产品的驱动，更源于对市场结构性拐点的精准把握。 先看蔚来品牌本身。全新ES8，作为40万元以上的高端纯电旗舰，仅用41天就交付破万","text":"2025年11月25日，蔚来（NYSE:NIO；HKEX:9866；SGX:NIO）正式发布2025年第三季度财务报告。 数据不少，但我看完后的第一感觉是：市场对蔚来的定价，可能要变天了。 三季度，蔚来公司共交付新车87,071台，同比增长40.8%，环比增长20.8%；营收达到217.9亿元，同比增长16.7%，环比增长14.7%，交付量与营收均创下新高；整车毛利率达到14.7%，综合毛利率达到13.9%，毛利率水平创下近三年新高。 市场的喧嚣与质疑，在这样一份无可辩驳的成绩单面前，显得如此苍白：这份财报宣告了那个通过持续研发和基础设施投入，一度被市场质疑的蔚来，已经正式跨入了收获期。 一个问题油然而生：那个曾经被戏谑需要进“ICU”的蔚来，是如何在短短几年内，快速崛起的？ 寇可往，我亦可往。 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先看蔚来品牌本身。全新ES8，作为40万元以上的高端纯电旗舰，仅用41天就交付破万","images":[{"img":"https://static.tigerbbs.com/46c70c1c87c5f4a9a17ed23e21ad3899","width":"265","height":"595"},{"img":"https://static.tigerbbs.com/5c393398a25d2790a2c52ef777a5175f","width":"575","height":"595"},{"img":"https://static.tigerbbs.com/f83e619ae7d331ae51fd0fec7e4aa990","width":"475","height":"525"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/503969424957648","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":503983521465072,"gmtCreate":1764077434895,"gmtModify":1764077437005,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4215225534785380","idStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a 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href=\"https://laohu8.com/S/00175\">$吉利汽车(00175)$</a>吉利这份中报还可以啊！营收1736亿创历史新高，核心归母净利直接大涨46%，跑赢营收增速。毛利率、单车收入同步往上走，不是靠堆销量换收入，是实实在在盈利能力变强。虽然港股今天只涨5个点，但这份财报含金量摆在这，我打算继续拿住不动。","text":"$吉利汽车(00175)$吉利这份中报还可以啊！营收1736亿创历史新高，核心归母净利直接大涨46%，跑赢营收增速。毛利率、单车收入同步往上走，不是靠堆销量换收入，是实实在在盈利能力变强。虽然港股今天只涨5个点，但这份财报含金量摆在这，我打算继续拿住不动。","images":[{"img":"https://static.tigerbbs.com/2ccb3ac1e05db8d483c5e86200f03b23","width":"620","height":"561"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/597782750032728","isVote":1,"tweetType":1,"viewCount":1112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":460097145557120,"gmtCreate":1753337594492,"gmtModify":1753338882354,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4215225534785380","authorIdStr":"4215225534785380"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$</a> 中国高端制造出海标杆，极智嘉AMR自主移动机器人解决方案受全球巨头认可，政策支持+行业高增长，上市后国际化加速，长期空间打开，翻倍不是问题。","listText":"<a href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$</a> 中国高端制造出海标杆，极智嘉AMR自主移动机器人解决方案受全球巨头认可，政策支持+行业高增长，上市后国际化加速，长期空间打开，翻倍不是问题。","text":"$极智嘉-W(02590)$ 中国高端制造出海标杆，极智嘉AMR自主移动机器人解决方案受全球巨头认可，政策支持+行业高增长，上市后国际化加速，长期空间打开，翻倍不是问题。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/460097145557120","isVote":1,"tweetType":1,"viewCount":3465,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4196851244516972","authorId":"4196851244516972","name":"strongest9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"4196851244516972","authorIdStr":"4196851244516972"},"content":"怎么还在吹 [开心]","text":"怎么还在吹 [开心]","html":"怎么还在吹 [开心]"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":551307449874312,"gmtCreate":1775618454288,"gmtModify":1775618456359,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4215225534785380","authorIdStr":"4215225534785380"},"themes":[],"title":"","htmlText":"当市场意识到极智嘉不只是\"仓储机器人公司\"，而是\"具身智能解决方案商\"时，估值体系就会重构。<a target=\"_blank\" href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$ </a>","listText":"当市场意识到极智嘉不只是\"仓储机器人公司\"，而是\"具身智能解决方案商\"时，估值体系就会重构。<a target=\"_blank\" href=\"https://laohu8.com/S/02590\">$极智嘉-W(02590)$ </a>","text":"当市场意识到极智嘉不只是\"仓储机器人公司\"，而是\"具身智能解决方案商\"时，估值体系就会重构。$极智嘉-W(02590)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/551307449874312","repostId":"551291283936240","repostType":1,"repost":{"id":551291283936240,"gmtCreate":1775614434831,"gmtModify":1775615350789,"author":{"id":"4205903016862690","authorId":"4205903016862690","name":"华尔街财圈","avatar":"https://static.tigerbbs.com/42050a383a6b89bf2fa420d0bc366069","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4205903016862690","authorIdStr":"4205903016862690"},"themes":[],"title":"普遍亏钱的行业，极智嘉凭什么能实现高毛利盈利？","htmlText":"近日，极智嘉交出了上市后的首份年度答卷，从营收、利润到现金流等核心数据指标来看，这份成绩单的含金量不低。 营收与毛利双双高增。营收31.71亿元，同比增长31.6%；毛利11.25亿元，同比增长34.4%，整体毛利率提升至35.5%。更耐人寻味的是结构变化：营收在涨，毛利涨得更快，运营费用率在降（销售及行政费用），三组信号叠加指出，标准化交付能力已然跑通，规模效应开始兑现。这是有质量的、健康的、可持续的增长。 经调整净利润4382万元，由亏转盈。跳出了行业“增收不增利”的泥潭，经营效率显著改善。 经营现金流净额8566.3万元，首次转正。这一意义，不亚于利润转正，对于处于扩张期的科技公司而言，现金流状况往往比利润更能反映经营质量，意味着公司摆脱了对外部融资的过度依赖，开始具备自我造血能力，也为后续业务扩张提供了弹药。 在行业普遍处于亏损的背景下，以上核心数据释放了一个信号，极智嘉以高增长、盈利、现金流等多重表现，既跑出独立行情，也跑通了商业化的验证。 01 跑出独立行情背后的壁垒何在？ 数据亮眼是表象，真正值得追问的是，在当下的竞争格局中，极智嘉凭什么能跑出独立行情？支撑这份成绩单的底层能力是什么？拆解下来，会发现三条清晰的护城河。 一、全球化，既是增长引擎，也是利润压舱石 对于众多仓储机器人而言，全球化早已不是可选项，而是决定增长上限与利润底线的核心战略。国内仓储机器人市场已陷入激烈价格竞争，而全球市场才是技术溢价、稳定盈利与长期增长的真正舞台。 从行业地位看，极智嘉的全球化壁垒已形成绝对优势。据全球市场研究机构InteractAnalysis报告，极智嘉已连续7年蝉联全球自主移动机器人（AMR）市占率第一，在全球仓储履约市场及“货架到人”细分方案领域市占率均位列第一，在EMEA、APAC、US等核心海外区域均稳居领军地位。 财务数据更直接揭示全球化的价值。2025年，极","listText":"近日，极智嘉交出了上市后的首份年度答卷，从营收、利润到现金流等核心数据指标来看，这份成绩单的含金量不低。 营收与毛利双双高增。营收31.71亿元，同比增长31.6%；毛利11.25亿元，同比增长34.4%，整体毛利率提升至35.5%。更耐人寻味的是结构变化：营收在涨，毛利涨得更快，运营费用率在降（销售及行政费用），三组信号叠加指出，标准化交付能力已然跑通，规模效应开始兑现。这是有质量的、健康的、可持续的增长。 经调整净利润4382万元，由亏转盈。跳出了行业“增收不增利”的泥潭，经营效率显著改善。 经营现金流净额8566.3万元，首次转正。这一意义，不亚于利润转正，对于处于扩张期的科技公司而言，现金流状况往往比利润更能反映经营质量，意味着公司摆脱了对外部融资的过度依赖，开始具备自我造血能力，也为后续业务扩张提供了弹药。 在行业普遍处于亏损的背景下，以上核心数据释放了一个信号，极智嘉以高增长、盈利、现金流等多重表现，既跑出独立行情，也跑通了商业化的验证。 01 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不吹不黑，思格新能源这次发布的全域AI智能体，至少在概念上领先了行业半步。下一步看用户反馈和实际节能数据，如果效果好，估值逻辑确实会变","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/571907645814808","isVote":1,"tweetType":1,"viewCount":1071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":542298139202016,"gmtCreate":1773383335643,"gmtModify":1773383337848,"author":{"id":"4215225534785380","authorId":"4215225534785380","name":"宽心看待","avatar":"https://static.tigerbbs.com/d389d63d4c89ef9f2c63cf7305e42b51","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4215225534785380","authorIdStr":"4215225534785380"},"themes":[],"title":"","htmlText":"尽管近期股价有所调整，但瑞声科技基本面持续向好，投行普遍看好，静待业绩催化 <a href=\"https://laohu8.com/S/02018\">$瑞声科技(02018)$</a>","listText":"尽管近期股价有所调整，但瑞声科技基本面持续向好，投行普遍看好，静待业绩催化 <a href=\"https://laohu8.com/S/02018\">$瑞声科技(02018)$</a>","text":"尽管近期股价有所调整，但瑞声科技基本面持续向好，投行普遍看好，静待业绩催化 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