港股異動 | "今年最牛港股"美蘭空港升超12%,免稅收入逆勢增長
uSMART友信智投8月24日消息,週一港股,美蘭空港全天走勢強勁,午後升幅進一步擴大,截至13:30分,美蘭空港一度升12.76%。
值得注意的是,全球航空股重挫的背景下,美蘭空港逆市大升,傲視港股群雄,年初至今累計升幅高達857%,位居港股榜首。
美蘭空港今年一度成為10倍大牛股,得益于海南的政策東風:海南自貿港、離島免稅政策。
免稅收入成中期業績的一抹亮眼
2020年8月21日美蘭空港發佈中期業績公告,報告期內,美蘭機場完成航班起降5.08萬架次,旅客輸送量604.32萬人次,貨郵輸送量1.09萬噸,分別同比增長-39.22%、-51.65%、-39.30%。
公司實現營業收入6.09億元,同比減少25.21%;實現歸母淨利潤0.80億元,同比減少71.09%。
但是免稅收入成了這份業績報告的一抹亮眼,免稅拉動特許經營收入逆勢增長17.16%。
2020年上半年,集團特許經營權收入累計完成人民幣2.34億元,同比增長17.16%,主要原因是離島免稅政策進一步放開,同時,美蘭機場離島免稅店加大促銷力度,線下銷售額大幅提升,使得集團特許經營權收入增加。
中金認為,美蘭空港離島免稅銷售額高增長可期,多重利好可期。維持跑贏行業評級,上調目標價17.3%至57.00港元。
方正證券認為,中性預計公司2025年免稅銷售額約100億元,扣點率有望提升至25%-30%,公司淨利潤25億元,成長空間仍然巨大。維持“強烈推薦”評級。
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