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《大行报告》大摩料中铝(02600.HK)今年纯利增长强劲 目标价上望5元
阿思达克 04-09 11:20
摩根士丹利发表报告表示,就中国铝业(02600.HK)发盈喜,预计截至今年3月止第一季度实现归属股东净利润约9.67亿人民币,较2020年同期增长约30倍,估计其首季核心利润达13亿人民币,对比2020年首季亏损2.91亿人民币,是自2008年以来季度最高水平。

该行相信中铝首季业绩表现是受到铝价较高及具效益的成本措施所动,令铝业务的毛利率上升。

大摩重申对中铝「增持」评级及目标价5元。随着中国政府推动减少碳排放、可再生能源行业需求增加的影响下,行业供应收紧,料铝价会继续有支持;藉较高铝价及有效成本控制,料公司今年纯利增长强劲。

而该行料中铝今年经调整盈利达38.27亿人民币,较2020年7.41亿人民币升4.16倍,并估计其2022年经调整盈利49.03亿人民币。(wl/u)

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