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亚洲无人区码二码三码区别图_的独特风味 - 骤变网络
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亚洲无人区码二码三码区别图_的独特风味

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电话:2025 德阳市(罗江区、旌阳区、什邡市、绵竹市、广汉市、中江县)
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松原市(宁江区、长岭县、前郭尔罗斯蒙古族自治县、乾安县、扶余市)
白城市(大安市、洮北区、通榆县、洮南市、镇赉县)
平凉市(灵台县、泾川县、庄浪县、静宁县、崆峒区、华亭市、崇信县)
铜陵市(铜官区、郊区、义安区、枞阳县)
西宁市(城东区、城西区、城北区、城中区、大通回族土族自治县、湟中区、湟源县)
威海市(荣成市、文登区、环翠区、乳山市)
宁波市(北仑区、奉化区、镇海区、象山县、海曙区、江北区、鄞州区、慈溪市、宁海县、余姚市)
宣城市(郎溪县、宣州区、旌德县、绩溪县、宁国市、泾县、广德市)
林芝市(巴宜区、察隅县、米林市、波密县、墨脱县、朗县、工布江达县)

  据证券之星公开数据整理,近期钧达股份(002865)发布2025年一季报。根据财报显示,钧达股份净利润减636.04%。截至本报告期末,公司营业总收入18.75亿元,同比下降49.52%,归母净利润-1.06亿元,同比下降636.04%。按单季度数据看,第一季度营业总收入18.75亿元,同比下降49.52%,第一季度归母净利润-1.06亿元,同比下降636.04%。

  本次财报公布的各项数据指标表现不尽如人意。其中,毛利率5.88%,同比增2.09%,净利率-5.65%,同比减1161.8%,销售费用、管理费用、财务费用总计1.39亿元,三费占营收比7.4%,同比增118.01%,每股净资产16.51元,同比减20.29%,每股经营性现金流-1.35元,同比减351.08%,每股收益-0.46元,同比减611.11%

  财务报表中对有大幅变动的财务项目的原因说明如下:

营业收入变动幅度为-49.52%,原因:行业处于去产能周期,产业链价格同比去年同期下行。归属于上市公司股东的净利润变动幅度为-636.04%,原因:行业处于去产能周期,产业链价格同比去年同期下行。归属于上市公司股东的扣除非经常性损益的净利润变动幅度为-27.10%,原因:行业处于去产能周期,产业链价格同比去年同期下行。经营活动产生的现金流量净额变动幅度为-353.02%,原因:本期购买商品支付的现金增加。

  证券之星价投圈财报分析工具显示:

业务评价:去年的净利率为-5.94%,算上全部成本后,公司产品或服务的附加值不高。偿债能力:公司现金资产非常健康。融资分红:公司上市8年以来,累计融资总额30.48亿元,累计分红总额3.20亿元,分红融资比为0.1。商业模式:公司业绩主要依靠股权融资驱动。需要仔细研究这类驱动力背后的实际情况。

  财报体检工具显示:

建议关注公司现金流状况(近3年经营性现金流均值/流动负债仅为18.88%)建议关注公司债务状况(有息资产负债率已达34.35%)

  分析师工具显示:证券研究员普遍预期2025年业绩在9.25亿元,每股收益均值在4.04元。

  该公司被1位明星基金经理持有,该明星基金经理最近还加仓了,持有该公司的最受关注的基金经理是万家基金的莫海波,在2024年的证星公募基金经理顶投榜中排名前五十,其现任基金总规模为146.58亿元,已累计从业9年347天,综合其过往业绩分析,该基金经理基本面选股能力出众,擅长挖掘成长股。

  持有钧达股份最多的基金为万家品质生活混合A,目前规模为41.13亿元,最新净值2.4836(4月15日),较上一交易日下跌0.96%,近一年上涨6.14%。该基金现任基金经理为莫海波。

最近有知名机构关注了公司以下问题:

问:公司的竞争优势有哪些?

答:(一)专业化技术优势

  公司作为专业化电池企业,资源聚焦于电池技术研发及成本下降,服务于全球组件客户,满足不同客户差异化需求。公司44GWN型电池产能,在技术及成本方面领先行业。

(二)全球化业务优势

  公司电池产品出货量多年保持全球领先,2024年度,公司海外销售占比达23.85%;2025年度,公司海外销售占比持续提升。在海外组件本土化趋势下,随着海外电池需求持续增长,公司已建立覆盖全球的销售服务体系,成为海外主要市场电池市占率领先企业。下一步公司将通过产能出海等多种形式,持续扩大海外业务优势,提升公司盈利能力。

(三)资产结构及产品结构优势

  公司于2023年底率先行业完成P型落后产能的减值及计提,目前44GW产能均为高效TOPCon电池产能。在新一轮N型技术周期中,公司无落后产能包袱,具备行业领先的资产结构及产品结构优势。

  光伏行业经过2024年的产能出清,2025年逐步走向供求关系改善阶段。高效电池环节是光伏产业链核心技术环节,在下一步技术提升及需求提升背景下,有望获得超额利润。公司凭借产品技术及成本优势,不断扩大高价值海外市场销售占比,有望在行业内率先实现盈利改善及提升。

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