On November 25th, Gelonghui reported that China Merchants Securities' research report pointed out that China Shipbuilding Industry Group Power (600482.SH) continues to undergo deep integration in the diesel engine sector, with the ship power segment leading the way again. The integration of subsidiary equity will promote efficient decision-making in the diesel engine business, and is expected to increase the contribution of subsidiaries to the listed company from the financial statements (China Ship Diesel Engine achieved revenue of 17.397 billion in the first three quarters of 2024, with a net income of 0.998 billion). In terms of profitability: In Q3 of 2024, the sales gross margin reached 14.87%, an increase of 3.12% year-on-year and 2.03% quarter-on-quarter. In the short term, since 2022, new ship prices have continued to rise, while ship steel plate prices have continued to fall, creating a profit gap; in the long term, driven by international marine low-carbon emission reduction policies and the demand for replacing old ships, the ship industry is expected to embrace a long-term outlook of sustained prosperity. Maintaining a "strong buy" rating.
- Headlines
- Research reports on investment opportunities | China Merchants: Maintain "Strong Buy" rating on china shipbuilding industry group power, diesel engine sector continues deep integration.
研报掘金丨招商证券:维持中国动力“强烈推荐”评级 柴油机板块继续深度整合
Research reports on investment opportunities | China Merchants: Maintain "Strong Buy" rating on china shipbuilding industry group power, diesel engine sector continues deep integration.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Write a comment
0 0 0
LikeLoveLaughing CryRespectEmmSadAngry
Tap to Select a Mood
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
Use the share button in your browser
to share the page with your friends
Tap here to share
No comments yet. Write one.
Related Stocks Related Stocks
Symbol Mini Chart Latest Price
Unlock the Full List
Latest
16:37
Jinneng Holdings Group Datong Machinery and Equipment Machinery Company independently completed the localization transformation of imported mining transportation equipment year-on-year.
DNZOY-0.03%
16:34
In light of the security situation in Syria, Iraq has suspended flights between Baghdad and Lebanon.
16:34
Banks are taking multiple measures to strengthen the "blood supplement"! The issuance of perpetual bonds and targeted stock increases significantly.
Statement
This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.