招商轮船跌9.54% 华源证券今刚维持买入评级就跌

Core Viewpoint - The report from Huayuan Securities highlights a significant year-on-year increase in the performance of China Merchants Energy Shipping Company (招商轮船), with a recommendation to maintain a "buy" rating due to its leading position and optimistic market outlook in the oil and bulk shipping sector [1] Financial Performance - The company is expected to achieve net profits attributable to shareholders of 55.43 billion, 81.53 billion, and 87.14 billion yuan for the years 2025, 2026, and 2027 respectively, reflecting year-on-year growth rates of 8.53%, 47.09%, and 6.88% [1] - The current stock price corresponds to price-to-earnings (PE) ratios of 13.43, 9.13, and 8.54 for the years 2025, 2026, and 2027 respectively [1] Market Outlook - The report emphasizes the optimistic prospects for the oil and bulk shipping market, supporting the company's strong market position [1]