锦江酒店(600754)出售物业合同签订，轻资产战略稳步推进

国泰君安04-15

本报告导读：出售物业签订合同，轻资产战略稳步推进，将明显增厚业绩并提升ROE水平。投资要点：出售物业有望贡献增量业绩并提升ROE。维持2024/25/26年EPS为1.36/1.59/1.90元。考虑公司正在加速架构及人事调整，理顺内部利益机制，后续效率改善空间大，给与24年高于行业平均27xPE，维持目标价36.45元，增持。事件：公司公告，此前拟出售时尚之旅酒店管理公司100%股权，将由华安...

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