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研報掘金丨信達證券:海油工程24年盈利能力保持提升,維持 “買入”評級
格隆匯 03-18 17:14
信達證券研報指出,2024年海油工程(601808.SH)盈利能力保持提升。2024年公司毛利率爲12.28%,較上年提升1.53pct,淨利率爲7.30%,較上年提升2.00pct。公司陸地建造工作量小幅下降,海上安裝工作量提升。公司海洋工程收入佔比以及盈利能力提升均帶動公司業績增長。在海外新能源業務方面取得突破。在新能源方面,公司新承攬英奇角歐洲海上風電工程項目,該項目總投資約384.66 億元,預計2027 年全面投產。深海科技蓄勢待發,公司有望受益。認爲公司未來有望受益於中海油高水平資本開支和行業景氣度持續回升,2025-2027年公司業績或將持續增長,維持 “買入”評級。
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