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研報掘金丨中郵證券:歌華有線當前估值處於相對低位,首予“買入”評級
格隆匯 08-14 13:22
中郵證券研報指出,歌華有線把握電視主業結構性機遇,發力通信業務奮楫迎新。隨着新興媒體平台加速崛起,傳統廣播電視行業增長趨於温和,整體進入轉型調整期。在“媒體融合+數字基建”雙輪驅動下,廣電網絡在寬帶、5G等新興通信業務領域具備結構性發展空間。展望未來,公司有望依託廣電一體化平台與區域資源協同優勢,持續夯實“電視+通信”融合服務能力,在業務拓展與盈利結構優化上形成雙輪驅動。歌華有線作為北京市核心廣電網絡運營商,近年來持續推進5G、寬帶等業務佈局,並通過《估值提升計劃》穩步提升運營效率,未來盈利修復與成長空間仍具潛力。當前估值處於相對低位,首次覆蓋,給予“買入”投資評級。
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