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建滔积层板营收结构分布(百万港币)
建滔积层板营收结构分布(百万港币)
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所属报告:
建滔积层板-港股公司深度研究:在涨价逻辑下兼具胜率和赔率的强者-250402(18页).pdf
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LME铜价上涨时建滔积层板和生益科技的股价和基本面跟随变化情况
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行业数据
2025-04-07
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建滔积层板覆铜板约当单位毛利(港币/平方米)
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行业数据
2025-04-07
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建滔积层板覆铜板约当单价(港币/平方米)
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行业数据
2025-04-07
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建滔积层板覆铜板约当单位净利(港币/平方米)
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行业数据
2025-04-07
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2016~2024年建滔积层板和生益科技在铜涨价
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行业数据
2025-04-07
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2024年建滔积层板和生益科技业绩增速
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行业数据
2025-04-07
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2023年建滔积层板营收居首位为164.5亿元
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行业数据
2024-10-25
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建滔积层板5月20日开启第二轮涨价
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其它
2024-07-18
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建滔积层板2022年市占率超过15%
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竞争格局
2024-06-12
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行业数据
2026-07-30
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2026-07-30
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2026-07-30
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行业数据
2026-07-30
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从公司披露的营收结构可以看出公司经营战略上的两大特点,其一公司布局的覆铜板产品主要集中在 FR4 和纸基板这两类覆铜板基础产品,其二公司“覆铜板+原材料”垂直一体化属性显著,截至 2024 年上半年公司原材料营收占覆铜板营收占比已经达到 24%。这样的布局结构使得公司业务风格偏周期化,从公司毛利率、净利率和 ROE 水平可以看出公司盈利能力波动较大,近 15 年内毛利率/净利率/ROE 水平最低至 15%/5%/6%、最高至34%/28%/41%,可见我们在判断公司基本面趋势时应当着重从周期的角度出发,一旦行业周期来临,公司基本面将享受盈利弹性。
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