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研報掘金丨華創證券:中國鐵建訂單充足,予“推薦”評級及目標價10元
格隆匯 04-01 17:30
華創證券研報指出,中國鐵建(601186.SH)24年歸母淨利潤爲222.15億元,同比下降14.87%;營收及歸母淨利承壓。未完成合同額爲營收720%,綠色環保新籤合同額同比增長24%。公司積極發展新興產業,加大新興項目的承攬,加快轉型升級步伐,訂單快速增長。截至2024年末,公司未完合同額合計7.68萬億元,約爲營收的720%,保障未來營收規模。公司訂單充足,營收階段性承壓,根據可比公司估值法及歷史估值,給予2025年6xPE,對應目標價10元/股,給予“推薦”評級。
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