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招商證券國際:維持三一國際(0631.HK)“買入”評級 目標價5.41港元
格隆匯 10-17 16:46

招商證券國際發佈報告稱,持續看好中國煤炭開採設備需求的持續增長,預計三一國際(00631.HK)於2019至2021年掘進機和綜採設備的收入同比增長率將達到52%、29%、23%。該行還預計公司礦山及物流設備收入增速均超行業平均水平,主要是由於公司在綜採設備、礦車和大港機等公司歷史市場佔有率低的領域成功拓展新產品線,帶來了超額增長。

同時,政府着力推進煤炭開採行業產業升級,未來煤炭機械化開採能力將是決定煤企是否能繼續生產的重要指標,煤機需求受煤價影響將減弱。該行預計即使煤價出現小幅波動,煤企盈利水平仍然維持高位,且煤礦機械化是煤炭產業升級的重要一環,煤機需求持續旺盛。

該行表示,維持三一國際“買入”評級,目標價5.41港元。

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