研报掘金丨国盛证券：维持新兴铸管“增持”评级，25年归母净利大增，后续有望持续改善

中金财经04-10

国盛证券研报指出，新兴铸管25年归母净利大增，后续有望持续改善。公司2025年实现营业收入370.22亿元，同比增长2.29%；归属于母公司所有者的净利润9.47亿元，同比增长465.67%。业绩同比大增，毛利率高位运行。随着供需格局边际改善，政策调控发力，成本端压力缓解，预计2026年我国钢铁行业盈利能力将继续修复，“十五五”时期将建设改造地下管网超过70万公里，高标准农田建设、雨污分流领域需求...

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