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一則盈警,暗藏首程控股(00697.HK)的增長祕密
格隆匯 08-08 21:19

上週五,首程控股(00697.HK)在收市之後發佈了一則公吿,預期公司在今年中期將錄得不超過約15億港元的股東應占綜合虧損。背後原因是公司對其所持有的首鋼資源股票進行了減值計提,形成了約19億港幣的虧損,虧損額雖大,但僅在賬面,對公司的現金流不構成任何影響。

有心人不難發現,在這一則盈警公吿之中,還藴含着一條字數不多但尤為關鍵的信息:首程控股本年中期的收入規模相較去年同期增長超過100%。營收規模翻倍式的增長,説明公司在停車出行和基礎設施不動產基金管理業務兩大核心業務上依舊保持着強勁的增長勢頭。

首程控股自戰略轉型以來,在兩大新主業的雙輪驅動之下,營收規模在短短3年之內就已經翻了4倍,由2018年度的1.77億港幣增長至2020年度的7.06億港幣,若公司在今年下半年能夠繼續延續上半年的收入增速,預計2021全年能夠再度實現翻倍式的增長。

公司在業務拓展方面也在持續發力,除旗下籤約的6座機場停車項目之外,公司在不久前宣佈中標了鄭州機場項目,將停車業務版圖拓展至中原,進一步確立了公司在機場停車領域的領先地位。此外,首程控股在7月底推出了公司自戰略轉型之後的首次股權激勵計劃,將全面激發出公司團隊的凝聚力和內在驅動力。激勵計劃中的高業績考核目標,更是展現出團隊對於停車業務的堅定看好和公司未來長期發展戰略的十足信心。

首程控股的這一則公吿,表面看似向市場傳遞盈警預期,實則盈警之下暗藏盈喜,賬面虧損的背後是公司主業高質量、可持續的增長。

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