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研報掘金丨光大證券:維持中國巨石“買入”評級,24-26年分紅率將穩步提升
格隆匯 01-08 15:14
光大證券研報指出,中國巨石(600176.SH)12月庫存淡季降庫,24-26年分紅率將穩步提升。24Q4玻纖行業粗紗價格相對穩定,個別品種小幅提價,12月末庫存環比改善,或説明玻纖行業自律已取得較為明顯的成效。考慮到24H2粗紗提價對盈利增厚幅度低於我們此前預期,以及電子紗價格走勢弱於此前預期,調整對中國巨石2024-2026年歸母淨利潤預測至22.98億元(下調24%)、33.15 億元(下調24%)、41.63億元(下調38%)。現價對應2025年動態市盈率13x,維持“買入”評級。
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