研報掘金丨中原證券:中國聯通盈利能力持續提升,維持“增持”評級
中原證券研報指出,中國聯通(600050.SH)24年歸母淨利潤爲90.30億元,同比增長10.49%。2024Q4歸母淨利潤爲6.92 億元,同比增長16.26%。公司聚焦聯網通信和算網數智兩大主業,盈利能力持續提升。公司攻關超低時延、高精定位、密集感知等低空智聯網和衛星互聯網關鍵技術,建設安陽、南京等國家級試驗區,推進空天地海一體創新。根據公司2025年指引,營收、利潤及淨資產收益率將實現有力增長。公司加大算力投資,算網數智業務快速發展,未來資本開支佔收比下降,有望增強公司業績釋放能力。維持“增持”評級。
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