中银证券:维持寒锐钴业“增持”评级,钴铜全产业链稳固

智通财经
Sep 07
【中银证券:维持寒锐钴业“增持”评级,钴铜全产业链稳固】中银证券研报指出,寒锐钴业上半年营收同比增长,毛利率同比提升。上半年实现营业收入39.07亿元,同比增长23.32%;归母净利润0.99亿元,同比下降22.50%。产品结构分化,钴毛利率维持较高水平,钴铜全产业链稳固,印尼镍布局稳步推进。在当前股本下,考虑到原料价格上涨、海外项目产能仍处于爬坡阶段以及财务费用上升,结合公司中报,将公司2026-2028年的预测每股盈利调整至0.79/1.15/1.44元,对应市盈率42.7/29.3/23.4倍;考虑到公司海外项目产能爬坡完成后利润逐步释放,铜钴镍多元业务布局有望平滑周期波动,维持“增持”评级。

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