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中金:重申信義光能(0968.HK)買入評級 目標價17.35港元
格隆匯 12-16 12:32

中金髮表研究報告指,信義光能(0968.HK)今年預計盈利略超預期,主要受益於四季度中國國內搶裝帶來階段性雙玻比例提升,以及生產效率和經營槓桿進一步強化,考慮到雙玻比例和均價階段性超預期,上調今年盈利預測13%至45億港元;維持跑贏大市評級和17.35港元的目標價。

中金續指,測算明年全行業玻璃供給將增加40%至180吉瓦,需求受益遞延項目和價格彈性或反彈42%至185吉瓦,預計玻璃均價維持30元人民幣/平米以上,玻璃價格每上漲1元人民幣/平米將帶來公司7%的盈利彈性,公司龍頭規模效應凸顯。

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