机构:西部证券研究员:张欣劼【核心结论】公司作为华南地区水泥龙头,成本管控能力增强,短期看需求基建端有所提升、区域内水泥涨价趋势较稳,中长期看需求端粤港澳大湾区发展提供动能,供给端限超产、碳排放相关政策遏制新增。目前公司估值处历史低位、分红率91.2%,投资价值凸现。我们预测公司2025-2027 年实现营业收入237/239/249 亿元,实现归母净利润11.7/13.2/15.6 亿元。给予...
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