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咸宁市(通城县、崇阳县、赤壁市、咸安区、通山县、嘉鱼县)
娄底市(新化县、双峰县、娄星区、冷水江市、涟源市)








四平市(双辽市、铁西区、铁东区、梨树县、伊通满族自治县)
漯河市(源汇区、临颍县、郾城区、召陵区、舞阳县)
黑河市(孙吴县、逊克县、爱辉区、五大连池市、嫩江市、北安市)
南昌市(青云谱区、安义县、东湖区、西湖区、青山湖区、红谷滩区、南昌县、新建区、进贤县)
南京市(建邺区、雨花台区、六合区、秦淮区、江宁区、高淳区、浦口区、鼓楼区、栖霞区、溧水区、玄武区)
香港特别行政区
聊城市(莘县、东昌府区、临清市、茌平区、冠县、东阿县、阳谷县、高唐县)
凉山彝族自治州(会东县、布拖县、冕宁县、喜德县、会理市、西昌市、木里藏族自治县、普格县、越西县、昭觉县、甘洛县、盐源县、宁南县、雷波县、德昌县、金阳县、美姑县)
甘孜藏族自治州(道孚县、新龙县、色达县、巴塘县、乡城县、德格县、康定市、雅江县、理塘县、九龙县、得荣县、泸定县、甘孜县、炉霍县、石渠县、丹巴县、白玉县、稻城县)

4月14日晚间,宁德时代新能源科技股份有限公司(以下简称“宁德时代”)发布2025年一季报,多项业绩指标大超市场预期。

其中,营业收入总计847.05亿元,同比增长6.18%;归母净利润实现139.63亿元,同比增长32.85%,增速远超营收增速;扣非归母净利润实现118.29亿元,同比增长27.92%,显示其核心业务盈利能力依然强劲。

据了解,宁德时代一季度电池销量超120吉瓦时,同比增幅超30%,其中储能电池销量占比近20%。净利润方面,一季度单瓦时毛利环比2024年第四季度提升;一季度销售净利率达到17.5%,创近期新高,净资产收益率保持稳定。

此外,财务费用大幅下降也成为利润增长的重要推手。据一季报披露,受益于持有的外币货币性项目汇率变动,宁德时代财务费用同比大降831.10%。同时,经营活动现金流同比增长15.91%,在手现金328.68亿元,为业务进一步扩张提供了充足资金保障。

东吴证券指出,宁德时代2025一季度归母利润好于市场预期,收入同比增速转正。民生证券评价,宁德时代2025年一季报业绩表现亮眼。东莞证券认为其盈利能力保持韧性,国信证券则指出其盈利能力有望稳中向好。

4月10日,香港联交所上市委员会已举行上市聆讯,审议宁德时代的港股上市申请。若此次港股IPO顺利通过,将为宁德时代带来全新融资渠道,增强其国际竞争力,进一步拓展该公司海外市场版图。

在全球化布局持续推进的过程中,针对近期备受关注的美国关税影响,宁德时代回应表示,美国业务占公司出货比重较小,且去年来已根据环境变化提前做了预案,所以有关关税政策对公司业绩影响较小,正在与客户积极协商解决方案。

“整体而言,中国及海外市场需求旺盛,目前公司产能利用率比较饱和。”宁德时代称。

记者:衣韵潼赵坤

编辑:刘卓

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