Eurocrane(603966) 华鑫证券·2024-05-02 02:00Investment Rating - The report maintains a "Buy" investment rating for the company [2][28]. Core Insights - The company is expected to experience revenue growth from 2.3 billion in 2024 to 3.144 billion in 2026, with corresponding EPS increasing from 0.57 to 0.90 [2][33]. - The company has faced challenges in overseas market expansion and increased domestic competition, but it is positioned to benefit from a growing market for European-style cranes [3][28]. - New orders have reached a historical high, indicating strong demand and potential for future growth, particularly in international markets [28]. Financial Forecast - Revenue projections for 2024, 2025, and 2026 are 2,300 million, 2,672 million, and 3,144 million respectively, with growth rates of 15.5%, 16.2%, and 17.6% [33]. - The net profit for the same years is forecasted to be 205 million, 256 million, and 323 million, with growth rates of 25.3%, 25.1%, and 26.1% [33]. - The diluted EPS is expected to rise from 0.57 in 2024 to 0.90 in 2026, with a corresponding decrease in P/E ratio from 14.3 to 9.1 [33].