研報掘金丨中信建投:美的集團業績有望快速增長,維持“買入”評級
中信建投證券研報指出,美的集團(000333.SZ)2025年一季度業績表現亮眼。公司實現營業總收入1284億元,同比增長20.6%。其中,預計內銷增速超過雙位數;外銷表現突出,同比增長預計達較高雙位數。公司分紅率水平提升至近70%,並大額回購主要用於註銷,股東回報水平再攀高峯。展望未來,全球家電市場廣闊,作為綜合競爭能力排名前列的白電龍頭,美的份額有望持續向上突破,驅動經營業績進一步增長。美的依託長期的耕耘積累,在國內各品類家電市場份額領先,憑藉持續的全球資源配置與產業投入,疊加領先的製造水平加持,全球份額持續突破。後疫情時代消費企穩復甦,公司業績有望快速增長。維持“買入”評級。
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