2024Q3,风机、齿轮箱、海缆、变压器、电站环节业绩同比增长。(1)2024Q3,风机环节归母净利润同比增速最大,主因金风科技23Q3 基数过低。具体来看,①收入方面,除了塔筒外,其他环节Q3 收入均同比提升,与1-9 月份风电装机量保持增速基本相符合;其他环节收入增幅不一致与大型化带来的用量摊薄不同和价格竞争程度不同以及是否有其他非风电业务有关系。②从毛利率来看,24Q3 仅变压器和电站环节...
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