You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
美銀:維持世茂集團(0813.HK)買入評級 目標價26港元
格隆匯 08-23 16:29

美銀髮表研究報吿預期,世茂集團(0813.HK)中期盈利按年增長11%,毛利率收縮約2個百分點至28%,而行業同行平均收縮超過4個百分點。該行維持世茂集團買入評級,予目標價26港元,認為目前的估值已反映其疲軟的增長前景,料集團未來可以從更便宜的有效土地成本中受益,因為集團在過去9-10個月內已停止土地收購。

該行提到上海世茂的業績約佔世茂集團業績10%,世茂股份中期收入按年增長30%至119億元人民幣,毛利率為38.6%,按年增0.84個百分點,最終股東盈利同比增長10%至11.4億元人民幣。

該行指,世茂集團今年上半年共參與200多場土地拍賣,按年有所增加,料集團沒有面臨任何流動性壓力。集團管理層指出,7月現貨市場降温較預期快,相信如果實體市場繼續降温,土地市場或會有更多機會。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account