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研報掘金丨廣發證券:中國船舶中報業績超預期,維持“買入”評級

廣發證券研報指出,中國船舶(600150.SH)中報業績超預期,盈利拐點已至。根據clarksons數據,統計出當前中國船舶的在手訂單中低價船佔比約為5%,低價船已基本交付完畢,整體交付進度較快,高價訂單開始進入確認週期,預計此後的盈利能力改善節奏將更快。造船業已進入訂單持續向上、盈利全面改善的全新大時代,中國船舶受益於業績超預期+重組預期,是具備確定性的優質資產。該行給予中國船舶2024年每股淨資產4倍PB估值,對應每股合理價值47.8元,維持“買入”評級。

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