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国海证券4月21日发布研报称,维持纳睿雷达(688522.SH)买入评级。评级理由主要包括:1)交付节奏影响 2023 年收入确认,毛利率基本维持稳定;2)公司持续加大研发拓新提升核心竞争力;2)账面资金充足、募投项目有序推进,因客户财政资金支付影响公司应收账款周转天数较高;3)气象/水利雷达招标景气度高,发改委推进万亿国债建设开工提升雷达交付节奏信心;4)低空经济建设有望加密相控阵雷达部署需求,纳睿雷达为“低空经济”储备技术拓展公司新成长方向。(每日经济新闻)

Guohai Securities released a research report on April 21 stating that it maintains the NARI Radar (688522.SH) purchase rating. The main reasons for the rating include: 1) the pace of delivery affects revenue recognition in 2023, and gross margin remains s

Zhitong Finance ·  Apr 22 10:24
Guohai Securities released a research report on April 21 stating that it maintains the NARI Radar (688522.SH) purchase rating. The main reasons for the rating include: 1) the pace of delivery affects revenue recognition in 2023, and gross margin remains stable; 2) the company continues to increase R&D development and enhance its core competitiveness; 2) sufficient book capital and orderly progress of fund-raising projects, which affect the company's accounts receivable turnover days due to customer financial payments; 3) the meteorology/water radar bidding boom is high, and the NDRC promotes the commencement of trillion-dollar treasury bond construction to increase confidence in the pace of radar delivery; 4) Low-altitude economic construction is expected to increase confidence in the pace of radar delivery; 4) Low-altitude economic construction is expected to require encrypted phased array radar deployment. “Low-altitude economy” reserve technology expands the company's new growth direction. (Mainichi Keizai Shimbun)

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