港股异动 | 金风科技涨超6%,前三季度国内风电招标维持高位,公司主机交付价格有望持续上升

智通财经
Nov 06, 2025

11月6日,金风科技盘中涨超6%,成交额1.52亿港元。

国金证券发布研报称,25Q3风电行业经营性净现金流继续改善,板块经营性净现金流34亿元,同比增加7亿元。Q3行业存货规模继续提升,合同负债阶段性下降,预计Q4装机旺季行业需求有望保持高增。前三季度国内风电招标维持高位,测算当前行业在手订单约300GW,充裕的在手订单有望保证后续行业需求及价格维持较好水平。

国海证券指出,2025Q1-Q3金风科技实现营收481.47亿元,同比增加34%;归母净利润25.84亿元,同比增加44%。单2025Q3公司实现营收196.10亿元,同比增加25%,环比增加3%;归母净利润10.97亿元,同比增加171%,环比增加19%。在“十四五”末、136号文的推动下,2025Q4国内或形成抢装,公司单季度风机销量有望创历史新高,规模效应下,公司盈利能力有望进一步提升。同时,根据该行统计,风机价格自2024Q4起持续上涨,2025年1-9月风机开标价格较2024全年提升约8%,2025Q4起公司主机交付价格有望持续上升。

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