| --- | --- | --- | --- | --- | --- | |---------------------------------------|--------------------------------|---------------------------------------------|----------------------------|-----------|------------| | [Table_Industry] | | | | 基础化工 | /原材料 | | (002064) | | | [Table_Invest] 评级: | | 增持 | | | | | [Table_Target] 目标价格: | 上次评级: | 增持9.90 | | | ——华峰化学 2024 | 年中报预告点评 | [当前价格: Table_CurPrice] | 上次预测: | 9.907.75 | | 钟浩](分析师) | 孙羲昱(分析师) | 陈传双(研究助理) | | | | | 021-38038445 zhonghao027638@gtjas.com | 021-38677 ...

国泰君安版权所有发送给上海东方财富金融数据服务有限公司.东财接收研报邮箱.ybjieshou@eastmoney.com p1 | --- | --- | --- | --- | |---------------------------------------------|----------------------------|-----------|------------| | | | 基础化工 | /原材料 | | | [Table_Invest] 评级: | | 增持 | | 业绩符合预期,摩洛哥项目有望四季度投产 | [Table_Target] 目标价格: | 上次评级: | 增持34.24 | | 2024 年中报预告点评 | [当前价格: Table_CurPrice] | 上次预测: | 34.2424.60 | | 陈传双(研究助理) | | | | | 021-38676675chenchuanshuang027603@gtjas.com | [Table_Date] | | 2024.07.14 | 登记编号 S0880522120008 S0880123060038 本报告导读: ...

股 票 研 究 盈利端持续改善,进入估值修复通道 ——TCL 电子深度报告 | --- | --- | --- | --- | |-----------------|----------------------------|----------------------------|-------------------------------| | [table_Authors] | 蔡雯娟(分析师) | 曲世强(研究助理) | 田平川(研究助理) | | | 021-38031654 | 021-38031025 | 021-38676666 | | | caiwenjuan024354@gtjas.com | qushiqiang028674@gtjas.com | tianpingchuan026740@gtjas.com | | 登记编号 | S0880521050002 | S0880123070132 | S0880122070069 | 本报告导读: 公司彩电出海前景广阔,盈利端持续改善,进入估值修复通道。增持。 投资要点: [Table_Summary] 彩电出海前景广阔,盈利端有望持续改善, ...

股 票 研 究 行 业 周 报 证 券 研 究 报 告 | --- | --- | --- | |---------------------------------|-------------------------|------------| | | | 贵金属 | | [Table_Invest] 评级: | | 增持 | | | 上次评级: | 增持 | | [Table_subIndustry]细分行业评级 | | | | | | | | | | | | [Table_Report] 相关报告 | | | | 贵金属《衰退& | 降息预期交织,贵金属新高 | | | 可期》 | | | | | | 2024.07.07 | | 贵金属《贵金属周度数据库》 | | | | | | 2024.07.06 | | 贵金属《贵金属周度数据库》 | | | | | | 2024.06.30 | | | | | | | | 2024.06.29 | | | | | | | | 2024.06.22 | | | 0712收盘价 | 周涨跌 | | | (元/克,元 | /千克 | | 金属品类 | | | | | ...

股 票 研 究 工程机械、集运船舶、油服设备业绩超预期,降息预期增强利 好出口链 | --- | --- | --- | --- | |----------------|---------------------------|--------------------------|---------------------------| | [table_Authors | 徐乔威](分析师) | 张越(分析师) | 刘麒硕(研究助理) | | | 021-38676779 | 0755-23976385 | 0755-23976666 | | | xuqiaowei023970@gtjas.com | zhangyue025639@gtjas.com | liuqishuo028693@gtjas.com | | 登记编号 | S0880521020003 | S0880522090004 | S0880123070153 | 本报告导读: 推荐供给收缩、更新周期为主的集装箱、船舶、油服设备,边际改善方向推荐出口 链、海风、3C 设备、半导体设备,新技术推荐低空经济、人形机器人等。 投资要点: [Table工 ...

股 票 研 究 中报业绩将至,趋势胜于波动 公用事业 2024.07.13 [Table_Invest] 评级: 增持 上次评级: 增持 [Table_subIndustry] 细分行业评级 ——公用事业行业周报(2024.7.8-2024.7.12) | --- | --- | --- | |--------------------------------|-------------------------------------------------------|-------------------------| | [table_Authors] 于鸿光(分析师) | 孙辉贤(研究助理) | 汪玥(研究助理) | | 021-38031730 | 021-38038670 | 021-38031030 | | | yuhongguang025906@gtjas.comsunhuixian026739@gtjas.com | wangyue028681@gtjas.com | | S0880522020001 | S0880122070052 | S0880123070143 | 本报告导读: 2Q2 ...

宏观预期扰动,淡季震荡调整 [Table_Industry] 有色金属 2024.07.13 [Table_Invest] 评级: 增持 上次评级: 增持 [Table_subIndustry] 细分行业评级 | --- | --- | --- | --- | |----------------|-------------------|----------------------------|----------------| | | | | ——工业金属周报 | | [table_Authors | 于嘉懿](分析师) | 孟宪博(分析师) | | | | 021-38038404 | 021-38038432 | | | | yujiayi@gtjas.com | mengxianbo029249@gtjas.com | | 登记编号 S0880522080001 S0880523120001 [Table_Report] 相关报告 本报告导读: 美国 6 通胀数据全面超预期降温,美联储主席表达了通胀回到 2%的信心,表态偏 鸽,市场对美联储的降息预期再度升温。铜、铝的需求、库存在淡季仍然承压,在金 融属 ...

股 票 研 究 航司淡季继续减亏,暑运旺季渐入佳境 | --- | --- | --- | --- | |----------------|------------------|--------------------|--------------------| | | | | ——交通运输行业周报 | | [table_Authors | 岳鑫](分析师) | 尹嘉骐(分析师) | | | | 0755-23976758 | 021-38038322 | | | | yuexin@gtjas.com | yinjiaqi@gtjas.com | | 登记编号 S0880514030006 S0880524030004 本报告导读: 维持油运与航空增持评级,配置高股息。 投资要点: [Table航空: _Summary] 料暑运客流将创历史新高,基数效应将致票价同比渐入佳境。 2024 年暑运启动,近日量价持续上升。1)量:估算日均客流已持续 超 210 万人次,较 2019 年与 2023 年同期均增长明显。预售趋势良 好,料暑运客流将创历史新高。考虑大学生放假略晚且国内大会等影 响,7 月下旬或迎暑运高峰 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price adjusted to 20.25 CNY from the previous 24.63 CNY [2][4]. Core Views - The company is accelerating its layout in the new energy and intelligent sectors, with a new product cycle initiated by models such as Deep Blue, Avita, and Qiyuan, indicating future growth potential [2][3]. - The company's Q2 performance exceeded expectations, with a significant year-on-year increase in net profit driven by product structure optimization and cost reduction in the supply chain [3]. - The company is set to launch multiple new energy models in H2 2024, which is expected to further enhance sales and profitability [3]. Financial Summary - The company reported a revenue of 121.253 billion CNY in 2022, with projections of 151.298 billion CNY for 2023 and 181.397 billion CNY for 2024, reflecting a growth rate of 24.8% and 19.9% respectively [4][8]. - The net profit attributable to shareholders is forecasted to decrease to 8.016 billion CNY in 2024, down from 11.327 billion CNY in 2023, representing a year-on-year decline of 29.2% [4][8]. - The earnings per share (EPS) is projected to be 0.81 CNY in 2024, with a subsequent increase to 1.02 CNY in 2025 and 1.25 CNY in 2026 [4][8]. Market Data - The company's current market price is 15.18 CNY, with a market capitalization of 150.544 billion CNY [4][5]. - The stock has a 52-week price range of 11.79 CNY to 21.48 CNY [5]. Performance Metrics - The report indicates a significant improvement in Q2, with a net profit of approximately 16.9 billion CNY, marking a year-on-year increase of 147.8% [3]. - The company’s return on equity (ROE) is projected to be 10.4% in 2024, with a gradual increase to 13.5% by 2026 [4][8].

国泰君安版权所有发送给上海东方财富金融数据服务有限公司.东财接收研报邮箱.ybjieshou@eastmoney.com p1 | --- | --- | --- | --- | |------------------------------------|----------------------------|-----------|---------------| | | | | 资本货物/工业 | | | [Table_Invest] 评级: | | 增持 | | 中报预告符合预期,智能驱动业务放量 | [Table_Target] 目标价格: | 上次评级: | 增持33.04 | | 年中报业绩预告点评 | [当前价格: Table_CurPrice] | 上次预测: | 33.0421.77 | | 管正月(分析师) | | | | | 021-38032026guanzhengyue@gtjas.com | [Table_Date] | | 2024.07.12 | 登记编号 S0880517080003 S0880521030003 本报告导读: | --- | |-------------- ...