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研报掘金丨长江证券:维持华利集团“买入”评级,利润率强稳定性下估值溢价显现

Gelonghui Finance ·  Nov 12, 2024 07:11

格隆汇11月12日|长江证券研报指出,华利集团(300979.SZ)Q3收入、归母净利、扣非净利分别为60.39、9.65、9.58亿元,分别同比+18.5%、+16.1%、+17.4%,收入偏预期下限。公司新老客户放量可期,叠加强稳定性下估值溢价渐显。短期,低基数+下游库存改善推动接单改善,老客恢复、新客延续高增下预计2024年业绩亮眼。中期,老客调整企稳叠加(次)新客户持续放量有望驱动新一轮成长,积极产能扩张保障顺势时业绩弹性向上,利润率强稳定性下估值溢价显现。维持“买入”评级。

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