> 数据图表如何看待2.1. 春风动力：2025年1-4月公司数据追踪2025-5-12.1. 春风动力：2025年1-4月公司数据追踪u 根据中国摩托车商会数据：春风动力2025年1-4月燃油摩托车内外销：销售9.0万辆，yoy+26%；150＜排量≤250cc销售1.9万辆，yoy-30%；排量＞250cc销售6.49万辆，yoy+61%；2025年1-4月沙滩车销量5.6万辆，yoy+11%。图：春风动力内销+出口月度销量（辆）图：春风动力出口月度销量（辆）图：春风动力内销月度销量（辆）4000035000300002500020000150001000050000202320242025M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12摩托车内销+出口合计yoy摩托车内销yoy内销＞250cc合计yoy内销≤250cc合计yoy摩托车出口yoy出口＞250cc合计yoy出口≤250cc合计yoy沙滩车合计销量yoy2024M42.50 58%1.40 62%1.02 276%0.37 -36%1.20 53%0.48 70%0.67 43%1.58 12%2024M52.50 65%1.30 49%0.95 121%0.40 -16%1.20 89%0.52 43%0.63 159%1.67 81%2024M63.40 115%1.80 97%1.19 162%0.60 32%1.60 139%0.80 145%0.80 134%1.72 81%资料来源：中国摩托车商会，国海证券研究所200001500010000500002024M72.00 40%1.40 75%0.78 64%0.62 91%0.60 -3%0.44 -16%0.18 56%1.07 1%202320242025载转与播传可不，用使部内人本供仅，M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12载下户 502855254 于 2025-05-20 日用表：春风动力月度数据更新（万辆，%）2024M111.50 11%0.60 20%0.38 62%0.25 -14%0.90 5%0.50 48%0.38 -24%2.14 141%2024M101.50 30%0.80 16%0.57 60%0.24 -30%0.70 51%0.33 67%0.36 40%1.34 27%2024M82.20 71%1.50 119%0.71 131%0.76 109%0.70 18%0.58 107%0.13 -60%1.50 19%2024M92.30 73%1.80 105%0.98 63%0.87 188%0.50 9%0.39 189%0.09 -71%1.51 14%20000150001000050000202320242025M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M122024M122.50 108%0.60 73%0.45 117%0.19 17%1.90 123%1.37 175%0.49 46%2.08 89%2025M11.30 -15%0.40 -5%0.32 17%0.10 -42%0.90 -20%0.48 18%0.42 -41%1.03 -3%2025M21.20 45%0.50 37%0.35 20%0.17 93%0.70 52%0.50 77%0.18 8%1.44 69%2025M33.60 64%1.70 80%1.27 76%0.43 93%1.90 53%1.33 140%0.57 -18%1.47 -7%2025M42.90 13%1.90 34%1.60 57%0.27 -29%1.00 -13%0.64 32%0.37 -45%1.66 5%2025M1-M49.00 26%4.50 34%3.54 57%0.97 13%4.50 12%2.95 66%1.53 -31%5.60 11%请务必阅读报告附注中的风险提示和免责声明 10国海证券工业制造
