研报掘金丨国信证券：维持同庆楼“优于大市”评级，为A股稀缺餐饮成长标的

格隆汇资讯12-11

国信证券日前研报指出，同庆楼(605108.SH)系大型餐饮区域龙头民企，积极迭代门店经营模型向外扩张，近两年行业需求与投资节奏变化加大业绩波动。展望后续，中性假设经营环境改善，新店在今年基准上爬坡，维持2024-2026年归母净利润预测为1.38/2.80/3.84亿元，动态PE 为48/23/17x；乐观条件下若经营环境显著改善，新模式与异地门店验证顺利，新店利润释放节奏贴近存量店平均水平，...

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