研报掘金丨首创证券:老板电器中期盈利能力持续修复,维持“买入”评级
首创证券4日研报指出,老板电器(002508.SZ)上半年传统业务稳健增长,新兴业务表现优异。公司洗碗机、集成灶零售额规模持续扩大,且实现了优于行业的增长。渠道多元化下市占率稳步提升,维持“买入”评级。上半年公司实现经营现金流净额9.60亿元,同比+197.26%,竣工拉动及传统零售流量回暖带动下,公司经营性现金流大幅改善。公司净利率同比+0.45pct至16.68%,Q2净利率同比+0.75pct至15.82%,上半年公司盈利能力持续修复。
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