三个皮匠报告—— 严选型全行业研究报告分享下载平台,您的专属行业智库!
欢迎来到三个皮匠报告!
登录
帮助中心
首页
最新
研搜
BETA
合集
英文
会议
数据
财报库
政策库
自研报告
入驻
您的当前位置:
首页
>
行业数据
>
2025年三季度以来,家电内销边际走弱、出口依然承压,26年年初出口及内销稍有边际改善,但指数持续波动
2025年三季度以来,家电内销边际走弱、出口依然承压,26年年初出口及内销稍有边际改善,但指数持续波动
行业数据
下载Excel
下载图片
原图定位
图片属性
图片格式:PNG
图片大小:257KB
图片尺寸:2298*1141
同报告图片
/
4
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
fCDlraPluqYgICB8IOiQpeS4muaAu+aUtuWFpe+8iOS6v+WFg++8iSB8IOWto+W6puiQpeS4muaAu+aUtuWFpeWQjOavlO+8iCXvvIkgfAp8LS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfAp8IDFRMjAyMyB8IDM0MDAgICAgICAgICAgICAgICAgfCA1ICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDJRMjAyMyB8IDQwMDAgICAgICAgICAgICAgICAgfCA3ICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDNRMjAyMyB8IDM4MDAgICAgICAgICAgICAgICAgfCA4ICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDRRMjAyMyB8IDM3MDAgICAgICAgICAgICAgICAgfCAxMSAgICAgICAgICAgICAgICAgICAgICAgfAp8IDFRMjAyNCB8IDM3MDAgICAgICAgICAgICAgICAgfCAxMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IDJRMjAyNCB8IDQyMDAgICAgICAgICAgICAgICAgfCA1ICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDNRMjAyNCB8IDM5MDAgICAgICAgICAgICAgICAgfCAtMiAgICAgICAgICAgICAgICAgICAgICAgfAp8IDRRMjAyNCB8IDQwMDAgICAgICAgICAgICAgICAgfCA4ICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDFRMjAyNSB8IDQyMDAgICAgICAgICAgICAgICAgfCAxNCAgICAgICAgICAgICAgICAgICAgICAgfAp8IDJRMjAyNSB8IDQ0MDAgICAgICAgICAgICAgICAgfCA1ICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDNRMjAyNSB8IDQwMDAgICAgICAgICAgICAgICAgfCAzICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDRRMjAyNSB8IDM3MDAgICAgICAgICAgICAgICAgfCAtNyAgICAgICAgICAgICAgICAgICAgICAgfAp8IDFRMjAyNiB8IDQyMTAuMzUgICAgICAgICAgICAgfCAtMC4yICAgICAgICAgICAgICAgICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaV2luZOOAgeWNjuazsOeglOeptg==
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
所属报告:
可选消费行业家电财务透视:盈利承压科技与红利双线配置-260501(25页).pdf
打包全文图表
相关数据
全球全年龄段奶粉市场规模(亿美元)
收藏
行业数据
2026-07-30
原图定位
查看详情
图14、1992-2025年全球军费开支及同比增速
收藏
行业数据
2026-07-30
原图定位
查看详情
图15、全球武器装备出口总额重回高位(亿
收藏
行业数据
2026-07-30
原图定位
查看详情
2022-2026全球新增户储出货量(单位:GWh)
收藏
行业数据
2026-07-30
原图定位
查看详情
2025全球户储新增装机地区分布(%)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球人形机器人电池市场空间预测(万台,亿美元)
收藏
行业数据
2026-07-30
原图定位
查看详情
图22、2026E-2035E我国气象探测领域相控阵雷达市场规模(亿元)
收藏
行业数据
2026-07-30
原图定位
查看详情
图37.《碧蓝航线》全球搜索热度
收藏
行业数据
2026-07-30
原图定位
查看详情
我国谐波减速器市场规模(亿元)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球固态与半固态电池市场规模展望
收藏
行业数据
2026-07-30
原图定位
查看详情
全球固态/半固态电池正极材料市场空间(亿元)及需求(万吨)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球固态电池市场空间展望(亿元)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球乳制品消费总量(百万吨)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球酸奶及发酵乳制品年人均消费支出(美
收藏
行业数据
2026-07-30
原图定位
查看详情
全球全年龄段奶粉年人均消费支出(美元)
收藏
行业数据
2026-07-30
原图定位
查看详情
最新数据
全球全年龄段奶粉市场规模(亿美元)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球酸奶及发酵乳制品市场规模(亿美元)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球药用级益生菌市场规模(百万美元)
收藏
行业数据
2026-07-30
原图定位
查看详情
全球益生菌膳食补充剂市场规模及增速
收藏
行业数据
2026-07-30
原图定位
查看详情
全球拥有AKK专利菌株的核心企业
收藏
行业数据
2026-07-30
原图定位
查看详情
从股价驱动看,2025 年下半年以来,家电板块经历了“政策预期—内销验证—出口扰动—红利重估”的切换。前期“以旧换新”政策对板块估值形成支撑,但进入 2025 年 Q4 后,国补高基数压力逐步显现,家电社零同比增速边际走低,对板块需求预期形成压制;同时,2026 年初出口端边际好转,对黑电、零部件及部分照明设备形成一定支撑,但中美经贸摩擦、美国 232 关税及中东等外部扰动也提升了市场对外销可持续性的担忧。进入年报及26Q1 财报季后,市场对家电板块的关注重点进一步从“需求修复弹性”转向“业绩兑现质 量与股东 回报能力”,白电龙头依托现金流、分红和回购 维持较强防御属性,而小家电、厨卫等需求偏弱且盈利承压的板块估值继续承压。
行业数据
原图定位
当前图表所属:
可选消费行业家电财务透视:盈利承压科技与红利双线配置-260501(25页).pdf
2026年家电行业报告:盈利承压,科技与红利双线配置
可选消费行业家电财务透视:盈利承压科技与红利双线配置-260501
1Q2026实现营业总收入4,210.35亿元,YOY-0.2%
2025板块整体实现归母净利1,110.33亿元,YOY-6.8%
下载图片或Excel,需升级至尊VIP会员或「预见者」VIP
立即去升级
客服
商务合作
小程序
服务号
回到顶部
折叠
微信扫码登录
微信扫码登录
双重福利,扫码领取!
关注公众号『三个皮匠报告』,免费领取报告
1.100+最新优质行业报告
2.每周免费精选报告分享
手机快捷登录
账号登录
记住密码
忘记密码?
验证即登录,未注册将自动创建账号
获取验证码
收不到验证码注意事项
登录代表您已阅读并同意
《三个皮匠服务条款》