西部证券：维持西锐(02507)“买入”评级关注后续产能订单释放

智通财经网02-06

智通财经APP获悉，西部证券发布研报称，长期行业竞争格局稳固，西锐(02507)品牌&制造端优势明显，份额优势有望持续维系，看好西锐长期稳健增长能力。与此同时，公司边际上正逐步推进产能扩张，以及服务网络建设，伴随未来交付能力&产品矩阵丰富度提升，业绩端有望实现加速，预计25/26/27公司分别实现净利润1.6/1.9/2.4亿美元，对应PE18.4/15.3/12.4X，看好后续...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2609524845?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-02-06 14:52","share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","id":"2609524845","market":"fut","top_or_hot":-1,"title":"西部证券：维持西锐(02507)“买入”评级 关注后续产能订单释放","media":"智通财经网","content":"<div>\n<p>智通财经APP获悉，西部证券发布研报称，长期行业竞争格局稳固，西锐(02507)品牌&amp;制造端优势明显，份额优势有望持续维系，看好西锐长期稳健增长能力。与此同时，公司边际上正逐步推进产能扩张，以及服务网络建设，伴随未来交付能力&amp;产品矩阵丰富度提升，业绩端有望实现加速，预计25/26/27公司分别实现净利润1.6/1.9/2.4亿美元，对应PE18.4/15.3/12.4X，看好后续...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1402475.html\">网页链接</a>\n\n</div>\n","source":"highlight_zhitongcaijin","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>西部证券：维持西锐(02507)“买入”评级 关注后续产能订单释放</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n西部证券：维持西锐(02507)“买入”评级 关注后续产能订单释放\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-06 14:52 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1402475.html><strong>智通财经网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，西部证券发布研报称，长期行业竞争格局稳固，西锐(02507)品牌&amp;制造端优势明显，份额优势有望持续维系，看好西锐长期稳健增长能力。与此同时，公司边际上正逐步推进产能扩张，以及服务网络建设，伴随未来交付能力&amp;产品矩阵丰富度提升，业绩端有望实现加速，预计25/26/27公司分别实现净利润1.6/1.9/2.4亿美元，对应PE18.4/15.3/12.4X，看好后续...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1402475.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"002673","symbol_name":"西部证券","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1402475.html","article_id":"2609524845","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2609524845","pubTimestamp":1770360752,"columns":[],"sourceInfo":{"source_id":"highlight_zhitongcaijin","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，西部证券发布研报称，长期行业竞争格局稳固，西锐品牌&制造端优势明显，份额优势有望持续维系，看好西锐长期稳健增长能力。与此同时，公司边际上正逐步推进产能扩张，以及服务网络建设，伴随未来交付能力&产品矩阵丰富度提升，业绩端有望实现加速，预计25/26/27公司分别实现净利润1.6/1.9/2.4亿美元，对应PE18.4/15.3/12.4X，看好后续估值持续修复，维持“买入”评级。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{"002673":"西部证券","02507":"西锐"},"translate_title":"Western Securities: Maintain Cirrus (02507) \"Buy\" rating and pay attention to the release of subsequent production capacity orders","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"002673":1.5,"02507":1.5},"content_text":"智通财经APP获悉，西部证券发布研报称，长期行业竞争格局稳固，西锐(02507)品牌&amp;制造端优势明显，份额优势有望持续维系，看好西锐长期稳健增长能力。与此同时，公司边际上正逐步推进产能扩张，以及服务网络建设，伴随未来交付能力&amp;产品矩阵丰富度提升，业绩端有望实现加速，预计25/26/27公司分别实现净利润1.6/1.9/2.4亿美元，对应PE18.4/15.3/12.4X，看好后续估值持续修复，维持“买入”评级。西部证券主要观点如下：发布visionJetG3新品，持续提价，智能化/舒适度升级2月3日晚，时隔5年，西锐visionJet系列重磅升级：1）更消费者导向：航电全面升级，搭载CPDLC系统，可以电子化处理飞行沟通过程，无需手动输入信息或和塔台反复无线电呼叫；起飞降落过程中可支持触屏规划路线，飞行数据库支持自动更新；2）更宽敞的后排空间，以及舱内质感；3）性能：最大飞行速度、有效载重、飞行高度略升，发动机提高抗逆风能力；利好订单持续获取，伴随产能扩张交付结构不断提升西锐目标客群是高净值人群而非专业驾驶员，本次主打智能化/安全性能升级，飞行中小痛点的解决，对获客和人群渗透更重要。1）订单角度看，原先Visionjet交付周期较长，近年持续扩产能+新品打磨完毕落地后、交付端也有望更好放量；2）价格段新机价格vs老产品也有望持续提升；3）报表端，伴随VisionJetG3、SRG7+等结构更好的产品逐步获取新订单交付，往后看整体产品结构同比会更好，同时更高端的产品也会适配更高端的服务，带动盈利能力提升。风险提示：美国经济衰退、股东减持风险、服务增速不及预期。更多港股重磅资讯，下载智通财经app更多港股及海外理财资讯，请点击www.zhitongcaijing.com（搜索“智通财经”）；欲加入智通港股投资群，请加智通客服微信(ztcjkf)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2609524845","isCrawlerRequest":true}

西部证券：维持西锐(02507)“买入”评级 关注后续产能订单释放

精彩评论

西部证券：维持西锐(02507)“买入”评级关注后续产能订单释放