You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》大和一舉下調華潤燃氣(01193.HK)評級至「跑輸大市」 指管理層指引非常弱
阿思達克 03-30 10:22
大和表報告表示﹐決定下調華潤燃氣(01193.HK)投資評級,一舉由原來「跑贏大市」至「跑輸大市」 ,削目標價由47元降至39.5元,此相當預測市盈率17倍。

該行指,華潤燃氣去年核心盈利按年升9%至49億人民幣,略低於該行原預期50億元人民幣,公司管理層對今年營運目標指引非常疲弱,其去年派息比率僅38%。該行估計華潤燃氣今年每股盈利將按年持平,對比同業新奧(02688.HK)則可按年升15%,指華潤燃氣目前估值相當預測今年市盈率18倍,對比同業新奧為13倍。

大和指,華潤燃氣今年首兩月燃氣售按年下滑11%,對比2019年上升15%,管理層解釋主要受到新冠疫情所影響,特別是湖北省項目,公司給予今年燃氣接入費收入將按年下跌14%,對比2019年相關收入按年升2%。

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.
uSMART
Wealth Growth Made Easy
Open Account