【国海汽车 戴畅团队】潍柴动力2025年三季报点评:重卡景气度回升叠加新业务高增,扣非归母净利润同比增长

畅谈汽车
Nov 06, 2025

事件:2025年10月30日潍柴动力公布2025年三季报。前三季度营收1705.7亿元,yoy+5.3%,归母净利润88.8亿元,yoy+5.7%。其中2025Q3营收574.2亿元,yoy+16.1%,归母净利润32.3亿元,yoy+29.5%,扣非归母净利润28.3亿元,yoy+26.7%。非经常性损益中有5.3亿元为应收款项减值准备转回。投资要点:2025Q3重卡行业景气旺盛,天然气渗透率...

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