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研報掘金丨招商證券:維持中直股份“強烈推薦”評級 航展落地更多民用訂單

招商證券研報指出,航展現場中直股份(600038.SH)落地更多應急直升機民用訂單。2024年11月12日,在第十五屆中國國際航空航天博覽會開幕之際,中國航空工業集團舉辦低空經濟無人機和eVTOL產品新聞發佈會,並舉辦民機銷售和項目合作集中籤約,公司進一步落地應急等直升機民用訂單,間接全資子公司天直:合計14架;全資子公司昌飛:合計30架。考慮到公司重組完成,併合理估計總裝資產帶來的利潤增厚預計公司2024/2025/2026 年歸母淨利潤為7.16/9.05/9.82 億元,對應估值45、36、33 倍,維持“強烈推薦”評級。

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