中金维持首钢资源(0639.HK)“跑赢行业”评级目标价2.7港元
中金发布研究报告称,首钢资源(0639.HK)上半年收入同比下降1%至19.6亿港元,归母净利润同比增长0.3%至6.4亿港元,符合预期。公司目前股价对应6.2倍2020年市盈率,该行维持其跑赢行业评级和目标价2.7港元,较当前股价具备70.9%的上行空间。

该行表示,上半年,首钢资源原焦煤和精焦煤产量分别下降5%和增长18%至224万吨和138万吨,此受益于价格上涨,但单位成本增加。原金家庄上组煤相关井下设施减值1.03亿港元,上半年末可动用银行结余及现金为46.5亿港元,高于2018年底的43.1亿港元。该行还预计,金家庄将开始正常运转,焦煤价格下跌空间有限。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.