研報掘金丨渤海證券:中國鋁業為國內鋁行業龍頭,首予“增持”評級
渤海證券研報指出,中國鋁業(601600.SH)是國內鋁行業龍頭,業務佈局鋁土礦、氧化鋁和原鋁環節,並且配有能源業務。公司持續提質增效同時壓縮低毛利的貿易業務,2024年前三季度公司歸母淨利90.17億元,同比增長68.46%,創自2020年以來的同期新高。公司生產規模優勢較大,截至2024年6月底,公司氧化鋁、原鋁、精細氧化鋁、高純鋁及鋁用陽極的產能均位居全球第一。同時,公司積極推進氧化鋁和原鋁新建產能項目進度,產能未來仍有增長空間。公司是國內鋁行業龍頭,首次覆蓋給予“增持”評級。
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