Capital securities issued a research report on May 4, giving Beijing Relpow Technology Co.Ltd(300593) ( Beijing Relpow Technology Co.Ltd(300593) .sz, latest price: 43.1 yuan) an overweight rating. The reasons for rating mainly include: 1) a variety of power products go hand in hand and the gross profit margin remains stable; 2) Corporate governance was optimized, and the expense rate decreased significantly during the period; 3) The net cash flow from operating activities decreased, and inventories and contract liabilities increased significantly; 4) Construction in progress has increased significantly year-on-year, and the conversion to fixed assets will increase the company’s production capacity in the future. Risk tip: the delivery rhythm of aerospace equipment slows down, and the construction progress of 5g base station is less than expected.
AI comments: Beijing Relpow Technology Co.Ltd(300593) has received five research reports from securities companies in the past month, including one purchase and two holdings. The average target price is 51.21 yuan, which is 8.1 yuan higher than the latest price of 43.1 yuan, and the average target price increases by 18.81%.
