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研报掘金丨信达证券:紫江企业盈利表现优异,塑料包装龙头发展稳健
ZJQYZJQY(SH:600210) Ge Long Hui·2025-10-16 07:25

Core Insights - The report from Cinda Securities indicates that Zijiang Enterprise's net profit attributable to shareholders for Q1-Q3 2025 is expected to be between 0.897-1.002 billion yuan, representing a year-on-year increase of 70.0% to 90.0% [1] - For Q3 alone, the net profit is projected to be between 0.424-0.530 billion yuan, showing a significant year-on-year growth of 145.0% to 205.9% [1] - The strong performance in Q3 is primarily attributed to the sale of Shanghai Zijiang New Materials Co., which contributed approximately 0.24 billion yuan to the profit [1] Financial Performance - The overall revenue is expected to remain stable, with the non-recurring profit margin maintaining at a reasonable level [1] - The company has established an industrial layout centered around packaging business (including beverage, paper-plastic, and aluminum-plastic films), supplemented by commercial, real estate, and venture capital businesses [1] Market Position and Strategy - Zijiang Enterprise is focusing on consolidating its market share in the digital market while also targeting high-end consumer electronics and new energy vehicle battery sectors through a differentiated product strategy [1] - The company is accelerating the verification and technical reserve work for cutting-edge applications such as semi-solid and solid-state batteries, indicating potential for future growth [1]