Bank of China Securities maintains buy rating on North China Creation: Strong performance growth minus a substantial increase in non-net profit margin - yqqlm

BOC SecuritiesPosted on January 18thResearch reportsay, maintainNorth Huachuang(002371.SZ, latest price: 314.6 yuan) Buy rating.The reasons for the rating mainly include: 1) The annual profit exceeded expectations, and the deductionnet profit2) The revenue continued its high growth trend in the fourth quarter; 3) The key equipment won the recognition of the leading customers, and the fixed increase helped to expand the market share. Risk warning: The limited supply of parts and components has led to incomplete order fulfillment, political uncertainty on the international fringe, and the progress of R&D investment transformation results is less than expected. AI comments:North Huachuang4 copies in…