电子布利润弹性预测表(1).xlsxVIP

双变量敏感性:普通布价格×高端布价格指数→利润弹性(2026vs2027对比)

上半部分:2026年口径(2025销量);下半部分:2027年口径(产能扩张后销量)

【2026年敏感性矩阵】

▸国际复材(2025基准=3.05亿)

普通布↓\高端→ 0.85x 1.00x 1.15x 1.30x 1.50x 1.75x 2.00x 2.50x

4.00 (118.4%) (96.6%) (74.9%) (53.2%) (24.2%) 12.0% 48.3% 120.7%

4.80 (38.7%) (16.9%) 4.8% 26.5% 55.5% 91.8% 128.0% 200.4%

5.50 31.1% 52.8% 74.5% 96.3% 125.3% 161.5% 197.7% 270.2%

6.00 80.9% 102.6% 124.4% 146.1% 175.1% 211.3% 247.5% 320.0%

6.50 130.7% 152.4% 174.2% 195.9% 224.9% 261.1% 297.4% 369.8%

7.00 180.5% 202.3% 224.0% 245.7% 274.7% 310.9% 347.2% 419.6%

8.00 280.1