研報掘金丨中信建投:藥明康德業績有望環比持續提升,維持“買入”評級
中信建投證券研報指出,藥明康德(603259.SH)一體化CRDMO業務模式持續發力,前三季度剔除新冠商業化項目收入同比增長,保持穩健經營,24Q3業績環比穩步改善。公司在手訂單仍保持快速增長,體現客户強勁需求。化學業務剔除新冠項目24Q3增長提速,TIDES產能持續提升,助力業務放量。預計隨着國內外研發需求持續復甦,早期業務有望逐步恢復。化學業務仍將保持穩健增長,其中新分子業務仍將快速放量;24Q4隨着CDMO及TIDES更多訂單交付,業績有望環比持續提升。維持“買入”評級。
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