研報掘金丨海通證券:福萊特盈利能力保持行業領先,予“優於大市”評級
海通證券研報指出,福萊特(601865.SH)23Q4及24Q1業績表現較好,經營性現金流量持續好轉。光伏裝機量快速增長、雙玻組件佔比上升,光伏玻璃需求得到保障。另外,公司產能有序擴張,大窯爐+原料自供帶來持久的競爭優勢。認為在光伏玻璃行業的激烈競爭中,福萊特的成本優勢仍是未來勝出的第一關鍵。公司作為光伏玻璃龍頭,盈利能力保持行業領先,參考可比公司給予公司2024年20-22倍PE估值,對應合理價值區間32.60-35.86元,給予“優於大市”評級。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.