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郭思治: TCL电子(01070.HK)纯利大升1.4倍 海外互联网首录收入前景向好
阿思达克 03-31 12:03
帝峰证券及资产管理有限公司行政总裁郭思治称,TCL电子(01070.HK)公布2019年全年业绩,股东应占溢利达22.8亿港元,同比增长141.4%。在撇除非经常性项目後的股东应占溢利为10.7亿元,较去年同期上升35%。收入较去年增长3.1%至469.91亿元,毛利为81.7亿元。

集团整体业务受海外市场以及互联网业务带动增长。TCL品牌海外市场收入达210亿元,经营业绩上升42%至8.78亿元。全年海外市场销售量同比上升26%至1,346万台,占品牌电视机销量65%以上。北美市场销量同比双位数增长达14%;欧洲市场销售同比增长35%,第四季度同比增幅更高达55%,其中如西班牙、英国和意大利的增幅分别高达264%、262%和203%;包括印度、阿根廷、澳大利亚和俄罗斯在内的新兴市场销售量同比增长41%。

互联网业务收入增幅108.7%至7.6亿元,海外互联网业务透过与Google及Roku等知名品牌合作首次录得2.1亿元收入,占互联网业务总收入的27.8%,互联网业务经营业绩为3.17亿元。全年累计通过广州欢网科技运营的激活新用户数量为1,043万户,同比提升25%;累计总用户量突破4,000万户至4,234万户,同比提升33%;日均活跃用户数量跃升至2,079万,同比提升36%。

除业务营运录得理想增长外,管理层拟派发末期息10.6港仙,全年每股股息21.16港仙,派息率达45%,亦较去年多派发10%股息。按现价计算,股息率约5.5%。虽然考虑到目前疫情环境,但公司手头现金充足,增加派息等同回馈股东支持,值得嘉许。

环球市场仍然波动,TCL电子股价自春节後一直跑赢大市,至前周在市场恐慌下回调,相信业务稳步向上及互联网业务呈高增长支持下,後市仍有不俗支持。建议投资者现价买入,上望4.5元。

(笔者为证监会持牌人)~

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