国信证券发布伟星新材研报,2025年中报点评:经营业绩承压,坚守质量重回报

Group 1 - The core viewpoint of the report is that Guosen Securities has given Weixing New Materials (002372.SZ, latest price: 10.96 yuan) an "outperform" rating due to various factors affecting its performance [2] - The company is facing challenges such as insufficient demand and intensified competition, which are putting pressure on both revenue and profit [2] - The company is focusing on its core business and enhancing collaboration while continuing to advance its internationalization strategy [2] Group 2 - In Q2, the company's gross profit margin improved on a quarter-on-quarter basis, and cash flow increased year-on-year [2] - Potential risks include lower-than-expected real estate completions, slower-than-expected new business development, and significant increases in raw material prices [2]