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东吴证券4月25日发布研报称,给予昱能科技(688348.SH)增持评级。评级理由主要包括:1)23年微逆出货约84万台、同降10%、24年去库尾声出货有望增长30-50%;2)23Q4工商储集中交付、环比高增、24年有望继续翻倍增长;3)关断器+通信器出货稳健增长、与微逆形成互补生态;4)23Q4费用率环比大幅下滑、存货仍在高位、加大销售回款经营活动现金流转正。(每日经济新闻)

Dongwu Securities released a research report on April 25 stating that Yuneng Technology (688348.SH) was given an increase in its holdings rating. The main reasons for the rating include: 1) micro-reverse shipments of about 840,000 units in '23, and shipme

Zhitong Finance ·  Apr 25 13:07
Dongwu Securities released a research report on April 25 stating that Yuneng Technology (688348.SH) was given an increase in its holdings rating. The main reasons for the rating include: 1) micro-reverse shipments of about 840,000 units in '23, and shipments are expected to increase 30-50% after leaving the warehouse; 2) centralized delivery of 23Q4 industrial and commercial reserves, with a high month-on-month increase, and is expected to continue to double in 24; 3) steady growth in switcher+communicator shipments, forming a complementary ecosystem with micro-reverse; 4) the 23Q4 fee rate fell sharply from month to month; inventory was still high, and cash flow from sales and payback operations was positive. (Mainichi Keizai Shimbun)

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