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东吴证券4月24日发布研报称,给予中熔电气(301031.SZ)买入评级。评级理由主要包括:1)年报&一季报业绩低于市场预期;2)受铜价波动影响,毛利率略有下降,出海+激励熔断器占比提升;3)风光储端产品竞争加剧,储能需求仍保持高增长;4)期间费用率大涨,主要系海外拓展增加销售费用,以及股权费用支付。(每日经济新闻)

Dongwu Securities released a research report on April 24 stating that it gave China Fused Electric (301031.SZ) a purchase rating. The main reasons for the rating include: 1) the performance of the annual report & quarterly report fell short of market expe

Zhitong Finance ·  Apr 24 22:21
Dongwu Securities released a research report on April 24 stating that it gave China Fused Electric (301031.SZ) a purchase rating. The main reasons for the rating include: 1) the performance of the annual report & quarterly report fell short of market expectations; 2) due to fluctuations in copper prices, gross margin declined slightly, and the share of offshore and incentive fuses increased; 3) competition for wind and light storage products intensified, and demand for energy storage remained high; 4) the significant increase in cost rates during the period, mainly due to overseas expansion, which increased sales expenses and equity payments. (Mainichi Keizai Shimbun)

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