研報掘金丨中信建投:賽力斯Q1毛利率同比大幅增長 看好25年銷量業績雙增
中信建投證券研報指出,賽力斯(601127.SH)25Q1歸母淨利潤7.48億元,同比+240.60%;毛利率27.62%,淡季+產品換擋期,營收同比降低情況下,毛利率同比大幅增長,環比基本持平,展現銷售結構改善帶來的公司盈利能力提升,M8上市後預計將進一步大幅改善盈利能力,看好25年銷量業績雙增。此外,公司機器人業務有序推進中,後續整體估值想象空間巨大。樂觀情景下, 公司營收快速增長,原材料成本明顯下降。調升為“買入”評級。
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