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研報掘金丨國信證券:維持海大集團“優大於市”評級,有望持續受益於下游養殖行情高景氣
國信證券研報指出,海大集團(002311.SZ)2024H1歸母淨利預計同比增長86.33%-100.06%,有望持續受益養殖週期景氣上行。該行認為生豬行業產能去化足夠,看好2024-2025年豬價景氣上行,此外水產養殖行情今年預計也有望迎來景氣回升,海大作為農牧行業龍頭,業務覆蓋養殖全產業鏈,公司業績有望持續受益於下游養殖行情高景氣。短期,公司飼料市佔率提升空間廣闊,且自有生豬養殖項目有望在週期景氣上行期帶來豐厚利潤。長期來看,公司管理層優勢顯著,在做專做穩主業的基礎上,聚焦農業產業從田園到餐桌的十幾萬億市場,有序嘗試、佈局新業務,公司有望成為農牧行業的標杆企業。維持“優大於市”評級。
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