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2023年5月海通证券研究所向外发送报告清单-320230601-海通证券

【内容提要】 &23年Q1动储 业务高出货, 拉动业绩持续 扩张 “动力+储能”双轮驱动,助力营收高增长。 1)22 年全年,公司实现营收363.04亿元,同比增长 114.82%;归母净利润35.09亿元,同比增长20.76%。动 力和储能业务高增 176.63%驱动整体业绩加速上行。毛利 率实现16.43%,同比下降5.14pcts,主要原因系原材料价 格上涨,通过调整产品定价机制,毛利率已得

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