研報掘金丨華鑫證券:首予科泰電源“買入”評級,數據中心業務打開增長空間
華鑫證券研報指出,科泰電源深耕發電機組領域,數據中心業務打開增長空間。作為行業內少數幾家國內上市企業之一,公司在數據中心和通信等細分市場擁有良好的先發優勢和領先地位,並在柴油發電機組領域深耕二十餘年,積累了豐富的技術、渠道、品牌、項目經驗和資本實力。通信和數據中心行業是公司最主要的細分市場之一,2024年該行業營收10.18億元,佔2024年公司總營收的79.78%;電力行業2024年營收0.50億元,佔總營收的3.90%。國內數據中心市場有望迎來新一輪景氣度提升。公司作為數據中心柴油發電機組的核心供應商,有望充分受益於AI算力產業發展,打開新的增長空間。看好公司數據中心業務下游持續增長,首次覆蓋,給予“買入”投資評級。
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.