主要玻纤龙头玻纤纱及制品吨毛利（元/吨）横向对比-行业数据

主要玻纤龙头玻纤纱及制品吨毛利（元/吨）横向对比

全产业链布局平滑业绩波动，吨收入及吨毛利位居行业一梯队。横向对比来看，公司玻纤及制品吨收入长期居于行业前列，吨毛利位于行业一梯队。我们认为，公司玻纤制品业务有效补充公司收入来源，与玻纤纱形成互补，使得公司盈利能力不输行业龙头，随着未来产能的进一步释放，规模效应下带动公司吨成本仍有进一步下降空间。

行业数据

下载图片

原图定位

同报告图片

/ 4

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

所属报告：