基础金属	铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁
稀有金属	稀土稀土矿稀土氧化物稀土金属钕铁硼稀散金属锑铋铟锗镓硒钽锆贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒
新能源	锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

2025年第一季度财报：盈利能力TOP10永磁企业梳理

2025-05-21 15:57:54 来源：经济晚报新财经责任编辑：管理员

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第一名：有研新材（600206）

成长性：2025年一季度归母净利润同比增长14698%

稀土优势：有研新材在稀土永磁领域的核心优势在于全产业链技术壁垒与高端材料布局：依托央企背景整合稀土资源，掌握第三代钐铁氮永磁材料及晶界渗透技术，绑定北方华创、中芯国际、特斯拉等半导体及新能源车核心客户，2025年德州基地高端靶材产能释放后毛利率提升至15%，受益于国家稀土战略配额倾斜及固态电池电解质材料（与国联研究院合作）的双赛道突破。

第二名：宁波韵升（600366）

成长性：2025年一季度归母净利润同比增长8724.47%

稀土优势：宁波韵升在稀土永磁领域的核心优势在于高性能钕铁硼技术壁垒与全产业链布局：深耕行业30余年，掌握晶界扩散技术，2024年Q3实现人形机器人领域量产供货，绑定特斯拉、比亚迪等头部客户，新能源汽车市占率20.4%，包头1.5万吨智能制造项目2025年6月部分投产，产能规划达3.6万吨，受益于人形机器人千亿市场规模爆发与双轮驱动估值重估。

第三名：三川智慧（300066）

成长性：2025年一季度归母净利润同比增长3337.9%

稀土优势：三川智慧在稀土永磁领域的核心优势在于全产业链布局与技术壁垒突破：通过控股天和永磁和参股中稀天马，构建“废料回收-产能扩张-海外矿贸易”闭环，掌握熔盐渣复杂成分分离技术，并加速深海稀土资源开发布局，受益于缅甸断供后的国内资源战略需求及政策支持（国务院推动稀土产业高端化），2025年一季度稀土业务减亏87.44%，净利润同比暴增3337.9%。

第四名：锌业股份（000751）
成长性：2025年一季度归母净利润同比增长1996.62%

稀土优势：锌业股份在稀土永磁领域的核心优势在于稀土资源回收技术突破与产能快速释放：子公司攻克稀土熔盐渣提纯技术，2025年新增5000吨镨钕氧化物产能，净利润率从1.2%飙升至18%，产品覆盖新能源汽车电机、风力发电机等高景气赛道；同时依托锌冶炼副产稀土的循环经济模式，受益于稀土出口管制政策下资源回收与成本优势。

第五名：北方稀土（600111）

成长性：2025年一季度归母净利润同比增长727.3%

稀土优势：北方稀土在稀土永磁领域的核心优势在于全球轻稀土资源垄断与全产业链技术壁垒：依托白云鄂博矿（占全球储量38%）及75%国内轻稀土配额，构建“原料-磁材-终端应用”全产业链，2025年高性能钕铁硼产能达15万吨（全球第一），并掌握晶界渗透技术，深度绑定特斯拉、比亚迪等新能源车及人形机器人需求，受益稀土出口管制政策下的战略溢价。

第六名：华阳新材（600281）

成长性：2025年一季度归母净利润同比增长482%

稀土优势：华阳新材在稀土永磁领域的核心优势在于稀土高磁性材料回收技术的领先地位与业绩爆发式增长：子公司太原华盛丰贵金属专注于稀土高磁性材料的回收利用，且依托华阳新材料科技集团的资源背景及与中国科学院、华为等机构的产学研合作，强化了在稀土回收及新材料研发领域的竞争力，受益于绿色能源转型下稀土材料需求激增的行业红利。

第七名：中科磁业（301141）

成长性：2025年一季度归母净利润同比增长232.27%

稀土优势：中科磁业在稀土永磁领域的核心优势在于技术突破与产业链整合能力：其自主研发的高性能新型铈磁体打破国际垄断，被列为浙江省重点新材料，并在消费电子、节能家电领域实现三星、华为、美的等全球头部客户批量供应；同时依托东阳“中国磁都”产业集群，实现生产装备国产化及产能快速扩张，并加速布局机器人、低空经济等新兴场景，受益于稀土出口管制政策与下游需求高增。

第八名：华宏科技（002645）

成长性：2025年一季度归母净利润同比增长212.29%

稀土优势：华宏科技在稀土永磁领域的核心优势在于全产业链布局与产能规模领先：其再生稀土氧化物产能达1.2万吨/年（行业第一），高性能磁材产能2025年将扩至2.5万吨，覆盖新能源汽车、工业机器人等高景气赛道；同时依托钕铁硼废料回收技术及苹果、特斯拉等供应链合作，实现资源闭环与成本优势，政策端因内需主导受出口管制影响较小，未来受益中重稀土管制升级与循环经济政策红利。

第九名：盛和资源（600392）

成长性：2025年一季度归母净利润同比增长178.09%

稀土优势：盛和资源在稀土永磁领域的核心优势在于全球稀土资源布局与全产业链整合能力：通过参股美国芒廷帕斯、澳大利亚Peak稀土等海外矿山及国内四川德昌大陆槽稀土矿，形成轻重稀土双资源保障；同时构建“矿山开采—冶炼分离—金属加工—废料回收”全链条，2024年稀土分离产能达6万吨/年，并投资高性能钕铁硼项目，深度绑定新能源汽车与风电需求，具备成本与技术双重壁垒。

第十名：东方锆业（002167）

成长性：2025年一季度归母净利润同比增长156.11%

稀土优势：东方锆业在稀土永磁领域的优势主要体现在稀缺的稀土资源储备和锆材料在永磁产业链的协同布局：其参股澳大利亚Image矿区的独居石资源（含稀土元素）储量丰富，且通过锆钛砂矿开发形成资源协同效应；同时，公司专注于氧化锆在固态电池电解质等新兴领域的研发，间接强化了在稀土永磁材料产业链的技术储备与市场卡位。

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[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 13 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC LIMIT 5 [ RunTime:0.001466s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 3 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC LIMIT 6 [ RunTime:0.001334s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 3246 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001356s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 3248 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001302s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 3245 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001383s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 10 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001842s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 11 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.002081s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 12 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001925s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 13 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001401s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 14 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001286s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 19 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001404s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 15 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001592s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 16 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001806s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 17 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001491s ]
[ SQL ] SELECT * FROM `tb_cate` WHERE `pid` = 3 AND ( `id` < 3871 AND `id` NOT IN (25,3243,3244) ) ORDER BY `sortid` ASC [ RunTime:0.001980s ]
[ SQL ] SELECT * FROM `tb_advert` WHERE `id` = 48 LIMIT 1 [ RunTime:0.000410s ]
[ SQL ] SELECT * FROM `tb_advert` WHERE `id` = 49 LIMIT 1 [ RunTime:0.000303s ]
[ SQL ] SELECT * FROM `tb_advert` WHERE `id` = 50 LIMIT 1 [ RunTime:0.000371s ]
[ SQL ] SELECT * FROM `tb_para` WHERE `id` = 1 LIMIT 1 [ RunTime:0.000440s ]

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