方盛股份（920662）：方盛股份(832662)：储能、氢能领域产品为未来增长开辟新路径-北交所信息更新250708

<p style="text-indent:28px"><span style="font-size: 14px;"><span style="">2025Q1</span><span style="">：营收 </span><span style="">7446 </span><span style="">万元，同比</span><span style="">+21%</span><span style="">；扣非归母净利润 </span><span style="">5972 </span><span style="">万元，同比</span><span style="">+3%2024 </span><span style="">年公司实现营收 </span><span style="">3.47 </span><span style="">亿元，同比增长 </span><span style="">1.10%</span><span style="">；归母净利润 </span><span style="">2980.88 </span><span style="">万元，同比下滑 </span><span style="">52.39%</span><span style="">；</span><span style="">2025Q1 </span><span style="">公司实现营收 </span><span style="">7445.81 </span><span style="">万元，同比增长 </span><span style="">21.02%</span><span style="">，归母净利润 </span><span style="">701.47 </span><span style="">万元，同比下滑 </span><span style="">16.03%</span><span style="">，扣非归母净利润 </span><span style="">597.21 </span><span style="">万元，同比增长</span><span style="">2.78%</span><span style="">。考虑到锂电建设放缓、铝价上浮等对公司的影响，我们下调 </span><span style="">2025-2026</span><span style="">年并新增 </span><span style="">2027 </span><span style="">年盈利预测，预计归母净利润分别为 </span><span style="">0.44/0.57</span><span style="">（原 </span><span style="">0.65/0.81</span><span style="">）</span><span style="">/0.70</span><span style="">亿元，对应 </span><span style="">EPS </span><span style="">分别为 </span><span style="">0.51/0.65/0.80 </span><span style="">元</span><span style="">/</span><span style="">股，对应当前股价的 </span><span style="">PE </span><span style="">分别为</span><span style="">48.2/37.8/30.5 </span><span style="">倍，看好公司向清洁能源、节能减排等新兴领域开发渗透所带来的增长预期，维持“增持”评级。</span></span></p><p><br/></p>