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弘陽地產(1996.HK)獲尚乘國際及國泰君安維持"買入"評級、目標價3.34港元及3.50港元 德意志銀行看好REDSUN 2022s和2023s債券
格隆匯 09-02 18:53

中國領先的綜合性房地產開發商弘陽地產集團有限公司("弘陽地產"或"集團";股份代號:1996)獲尚乘國際、國泰君安及德意志銀行齊看好其銷售前景及財務狀況。

尚乘國際提到,弘陽地產交出一份穩健的2021年中期業績,其資產負債表持續改善,將支撐集團長期穩定發展。集團實現了紮實的合同銷售,前7個月的合約銷售額達到人民幣560億元,意味目標達成率為56.3%,略高於53.4%的行業平均水平。尚乘國際維持"買入"評級,目標價為3.34港元。

國泰君安認為弘陽地產將可繼續維持穩定的利潤增長前景,並且預計公司將從精細化管理和多年根江蘇中收穫成效。弘陽地產2021年上半年總收入錄得34.7%的強勁同比增長。集團資產負債表保持在綠檔,在積極土地獲取下,資產負債表仍然穩健,短債比例降至30%左右。因此,國泰君安給予"買入"評級,目標價為3.50港元。

德意志銀行也看好弘陽地產在長三角良好的銷售執行力、產品定位和品牌知名度,看好REDSUN 10.5% 2022s 和 9.7% 2023s債券。預期集團下半年能維持毛利率水平,而且短債對總債比例改善至31%,流動性保持良好,現金對短債比為169%。截至6 月底,集團已售未結轉總額為人民幣1,137億元。德意志銀行喜歡集團於長三角建立的良好品牌。

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