You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
研報掘金丨華西證券:首予國電南瑞“增持”評級,電網投資景氣明確
格隆匯 07-23 14:34

華西證券研報指出,國電南瑞是國內智能電網龍頭企業,業務範圍涵蓋源、網、荷、儲、數等新型電力系統全環節,目前重點佈局智能電網、數能融合、能源低碳、工業互聯等四大業務板塊,其中,智能電網業務是業績貢獻主力。2024年公司新簽訂單達663.2億元,同比增長13.8%,有望為業績提供較強支撐。國網預計2025年電網投資將超6500億元,公司將深度受益於行業景氣明確。同時,公司保持高強度研發投入鞏固技術優勢和行業地位,有望為發展注入新動力。受益於全球電網投資景氣上行,2019-2024年公司海外業務營收由9.2億元提升至32.8億元,CAGR為29%,海外業務規模快速擴張,有望為公司業績帶來可觀增量。公司是國內領先的電力自動化產品和服務提供商,技術和產品實力強勁。認為公司將在此輪國內外電網投資景氣上行中充分受益,首次覆蓋,給予“增持”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.
uSMART
Wealth Growth Made Easy
Open Account