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研報掘金丨中郵證券:首予陝西華達“買入”評級,業績拐點有望到來

中郵證券研報指出,陝西華達(301517.SZ)2024年實現歸母淨利潤0.47億元,同比下降41%;2025年一季度歸母淨利潤-0.18億元,同比下降283%。2024年與2025Q1業績承壓。3月以來,防務領域行業需求逐步呈現出積極回暖態勢。目前,公司已全面部署訂單保障交付工作,主要通過優化訂單排產、募投項目產線建設、提高工序自動化水平等方面加快交付節奏,提高交付保障能力,以滿足當前市場需求,公司業績拐點有望到來。隨着國內商業航天的蓬勃發展,公司產品在商業航天領域前景廣闊。首次覆蓋,給予“買入”評級。

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