有色ETF基金(159880)盘中涨近1%，行业盈利能力或将继续维持增长态势

Group 1 - The core viewpoint is that the non-ferrous metal industry is experiencing a positive trend, with significant revenue and profit growth in Q1 2025, and the potential for price recovery due to favorable economic conditions and tariff negotiations [1][2]. - The non-ferrous metal industry index (399395) has a low valuation with a price-to-earnings ratio (PE-TTM) of 16.9, indicating it is at a historical low compared to the past year [1]. - In Q1 2025, the revenue of large-scale non-ferrous metal enterprises reached 22,293.3 billion yuan, a year-on-year increase of 19.6%, while total profits amounted to 917.7 billion yuan, up 40.7% year-on-year [1]. Group 2 - The non-ferrous ETF fund closely tracks the non-ferrous metal industry index, which includes 50 prominent securities in the sector, reflecting the overall performance of listed companies in the non-ferrous metal industry [2]. - As of April 30, 2025, the top ten weighted stocks in the non-ferrous metal industry index accounted for 52.1% of the index, with notable companies including Zijin Mining, Northern Rare Earth, and China Aluminum [2].