《大行報告》大和升大唐新能源(01798.HK)評級至「買入」 目標價上調至1.4元
大和發表報告,大唐新能源(01798.HK)本年以來股價累升約47%,有兩大政策支持今年風電行業氣氛,中國2060年達至碳中和的目標,及潛在發行特別債券,向老化風力及太陽能電站支付部分應收補貼。即使風電尚未大規模平價上網,在發行特別債券上沒大進展,但在政府政策支持下看到大唐新能源的長遠價值。
由於首九個月經營開支少過預期,該行上調大唐新能源今年每股盈測17%,其指現價相當於明年預測市帳率0.6倍,較其他太陽能同業如金風科技(02208.HK)及龍源電力(00916.HK)呈大折讓,因此上調其投資評級,由「跑贏大市」升至「買入」,目標價由1.1元升至1.4元。
大和補充,今年以來大唐新能源發行120億元人民幣永續債,票息介乎3.58至4.45厘,其淨負債比率料由去年底止的367%大幅收窄190個百分點,至今年底止的177%。
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.