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大行評級 | 大和:重申港華燃氣(1083.HK)買入評級 目標價7.8港元
格隆匯 08-03 16:50
格隆匯8月3日丨大和資本近日發表最新研報表示,市場對港華燃氣(1083.HK)毛利下降、以及股權稀釋過度擔憂了,重申港華燃氣“買入”評級,目標價7.8港元,對應2022年PE僅13.7,估值相當有吸引力。該行表示,港華燃氣持有38.67%股權的佛燃能源(002911.SZ)此前宣佈,上半年該公司天然氣收入同比增長65%,但淨利潤僅同比增長10.1%至2.566億元,一些投資者可能將這種大幅收縮歸因於液化天然氣成本上漲,但大和資本認為這種説法過於片面,鑑於佛燃能源利潤擠壓部分原因源於佛山陶瓷產業的煤改氣,但這並不代表港華燃氣的整體情況。
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