公司发布 25 年和 26Q1 业绩，收入稳健向上，盈利弹性释放，新发员工持股和股权 激励计划锚定成长。 投资要点： | [Table_Finance] 财务摘要(百万元) | 2024A | 2025A | 2026E | 2027E | 2028E | | --- | --- | --- | --- | --- | --- | | 营业总收入 | 22,401 | 24,354 | 28,091 | 31,301 | 34,408 | | (+/-)% | 11.0% | 8.7% | 15.3% | 11.4% | 9.9% | | 净利润(归母) | 971 | 1,013 | 1,184 | 1,372 | 1,610 | | (+/-)% | -29.1% | 4.4% | 16.9% | 15.9% | 17.4% | | 每股净收益(元) | 1.40 | 1.46 | 1.70 | 1.97 | 2.31 | | 净资产收益率(%) | 7.6% | 7.6% | 8.5% | 9.4% | 10.4% | | 市盈率(现价&最新股本摊薄) | 26.46 | 25.35 | 21.69 | ...