据证券之星公开数据整理,近期电气风电(688660)发布2026年一季报。截至本报告期末,公司营业总收入12.85亿元,同比上升66.89%,归母净利润-2.7亿元,同比下降44.11%。按单季度数据看,第一季度营业总收入12.85亿元,同比上升66.89%,第一季度归母净利润-2.7亿元,同比下降44.11%。本报告期电气风电公司应收账款体量较大,当期应收账款占最新年报营业总收入比达41.8%。
本次财报公布的各项数据指标表现一般。其中,毛利率3.53%,同比减77.58%,净利率-21.1%,同比增14.26%,销售费用、管理费用、财务费用总计1.56亿元,三费占营收比12.13%,同比减48.98%,每股净资产2.91元,同比减21.35%,每股经营性现金流-0.73元,同比减590.0%,每股收益-0.2元,同比减42.86%
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-7.25%,算上全部成本后,公司产品或服务的附加值不高。从历史年报数据统计来看,公司上市以来中位数ROIC为0.95%,投资回报一般,其中最惨年份2023年的ROIC为-11.16%,投资回报极差。公司历史上的财报非常一般(注:公司上市时间不满10年,上市时间越长财务均分参考意义越大。),公司上市来已有年报4份,亏损年份5次,如无借壳上市等因素,价投一般不看这类公司。
- 商业模式:公司业绩主要依靠研发驱动。需要仔细研究这类驱动力背后的实际情况。
- 生意拆解:公司过去三年(2023/2024/2025)净经营资产收益率分别为53.6%/31%/24%,净经营利润分别为-12.72亿/-7.86亿/-9.92亿元,净经营资产分别为-23.74亿/-25.33亿/-41.38亿元。
公司过去三年(2023/2024/2025)的营运资本/营收(即生产经营过程中公司每产生一块钱的营收企业经营需要垫付的资金)分别为-0/-0.23/-0.39,其中营运资本(公司生产经营过程中公司自己掏的钱)分别为-2139.86万/-23.87亿/-53.96亿元,营收分别为101.14亿/104.38亿/136.81亿元。
财报体检工具显示:
- 建议关注公司现金流状况(货币资金/流动负债仅为14.95%、近3年经营性现金流均值/流动负债仅为-9.13%)
- 建议关注财务费用状况(近3年经营活动产生的现金流净额均值为负)
持有电气风电最多的基金为鹏华上证科创100ETF联接A,目前规模为2.35亿元,最新净值1.5118(4月21日),较上一交易日上涨0.11%,近一年上涨57.97%。该基金现任基金经理为苏俊杰。
以上内容为证券之星据公开信息整理,由AI算法生成(网信算备310104345710301240019号),不构成投资建议。
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