研報掘金丨國投證券:三一重工Q1業績實現較好增長,予“買入-A”評級
國投證券研報指出,三一重工(600031.SH)25Q1實現歸母淨利潤24.71億元,同比+56.4%;實現扣非歸母淨利潤24.03億元,同比+78.54%,業績實現較好增長。β景氣升級,公司收入顯著擡頭。以挖機爲代表的土方機械內需景氣度進一步提升,以起重機爲代表的非土方機械也逐步築底。公司層面,內需受益於週期復甦,出口保持穩健增長,收入已連續3季度實現10%以上增長,有望進入新一輪上行通道。公司收入向好帶來規模化效益背景下,持續看好公司全年業績的彈性釋放。公司憑藉領先的國際化佈局,全球競爭力有望持續提升;業績彈性顯著,長期價值突出。給予“買入-A”的投資評級,6個月目標價爲23元,相當於2025年23X的動態市盈率。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.