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《大行報告》瑞銀:兗煤(01171.HK)估值及股息回報吸引 維持「買入」評級
阿思達克 03-02 14:31
瑞銀發表研究報告指,兗煤澳大利亞(03668.HK)早前公布2020年業績,期內錄得虧損蝕10.4億澳元,以兗煤(01171.HK)持股兗煤澳洲約62%權益計,兗煤期內入帳的虧損約32.3億元人民幣。

該行指出,業績表現負面或令市場失望,但去年度業績較差主要是由於期內將沃特崗礦業整合至兗煤澳洲的一次性損失所致,預期兗煤2021年業務表現仍然穩健,並相信兗煤澳洲今年將可重新貢獻盈利。

按照公司的承諾,兗煤派息率仍將維持在每股0.5元人民幣以上,瑞銀指,考慮到2021年盈利狀況,股息率預期最低為8.3%,認為估值不貴且股息回報吸引,維持「買入」評級,目標價9.7元。

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