智通财经APP获悉，锂业股今日普跌，截至发稿，赣锋锂业(01772)跌4.06%，报19.38港元；天齐锂业(09696)跌3.85%，报23.7港元。
消息面上，2025年一季度，碳酸锂/氢氧化锂均价分别为7.58/7.02万元/吨，同比分别下滑25.4%/21.4%，环比分别下滑0.5%/增长3.0%。天风证券指出，受锂价下跌影响，锂企经营持续承压，24年实现归母净利润5.5亿元，同比下滑1.0%。25一季度实现归母净利润22.7亿元，环比已小幅修复。24年销售净利率5.7%，同比下滑0.7pct。25Q1销售净利率9.0%，同比增长7.2pct，环比增长11.2pct。25Q1毛利率与净利率均有所回升。
国泰海通证券指出，供应端当前价格倒挂严重，难以出货，持续累库；流通端成交基差上涨，由于补库相对困难，对于下游采购需求存挺价心态，逐渐惜售；部分四月检修厂家计划复工复产，开工率小幅提升，部分高成本中小厂商或将持续应对被动出清。当下碳酸锂市场仍缺少反弹驱动因素，短期锂价或在低位波动，后续仍需密切关注下游需求能否见回暖迹象。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.