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研報掘金丨華泰證券:中遠海控業績符合預期,維持“買入”評級
格隆匯 03-24 15:38

華泰證券研報指出,中遠海控(601919.SH)2024年營收2,338.6億元(yoy+33.3%),歸母淨利491.0億元(yoy+105.8%),符合我們的預期。24年盈利同比大幅增長主因紅海繞行疊加美國補庫週期,船舶週轉效率下降導致市場運力趨緊,推升運價。同時,公司宣佈年末每股派息1.03元,對應全年分紅率50%。展望25年,地緣事件仍存較大不確定性,預計25年即期運價將同比回落,但歐美長協運價在24年低基數上有望同比增長。公司當前股價較24年高點顯著回調,認爲已部分反映運價高位回落的悲觀預期。建議密切關注後續地緣事件變化,市場預期差較大,維持“買入”評級。

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