中泰证券:光伏反内卷驱动行业拐点 储能景气延续强势

智通财经网
Nov 17, 2025

智通财经APP获悉,中泰证券发布研报称,2025年Q3光伏行业收入达2165亿元,同比-8%,环比-3%;归母净利润5.8亿元,同比+131%,环比+114%,亏损同环比实现大幅收窄,反内卷信号持续加强,光伏行业逐步筑底回升,基本面预期反转向上。2025年Q3储能行业收入517亿元,同比+11%,环比-7%;归母净利润61亿元,同比+18%,环比-10%。展望后续,储能需求逻辑重新演绎,国内大储迎...

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