麥格里:盛業資本受益於資金渠道增加 重申其“跑贏大市”評級 目標價8港元
格隆匯3月22日丨麥格理3月19日發研報指,重申盛業資本(6069.HK)“跑贏行業”評級,目標價8港元。盛業資本公佈的2020財年淨利潤為3.37億元人民幣,較該行預期高出5.8%。麥格理認為,公司成功地將資金方數量從2019年的29家擴大到2020年的46家,最近更取得了5.25人民幣的離岸銀團貸款,融資能力得到提升。麥格理還表示,隨着疫情的影響逐漸消退,盛業資本在2020年下半年進一步擴大客户基礎。繼9月與小米保理合作後,公司還宣佈將與中鐵資本保理合作,為中鐵生態內的供應商提供供應鏈金融服務。此外,盛業資本繼續加大境外融資力度,由於境外融資成本低於境內融資,麥格理料公司利差可以得到支撐。
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