港股異動 | 中國聯通跌5% 麥格理認為其業績表現疲弱
格隆匯3月14日丨港股中國聯通(0762.HK)盤中跌5.15%,報3.86港元;A股中國聯通收跌0.81%,報3.66港元,總市值1130億港元。中國聯通披露年報,2021年實現淨利潤63.05億元,同比增長14.2%;每10股擬派發現金股利0.391元,共計擬向公司股東派發約11.92億元的股利。公司Q3淨利16.43億元,據此計算,Q4淨利6.29億元,環比下降61%。瑞銀髮研報指,中國聯通去年第四季服務收入略勝預期,EBITDA略遜預期,主要由於新業務投資加大及出售資產虧損導致營運開支上升;聯通全年派息每股0.216元人民幣,派息比率46%,高於預期的43%。該行維持其“中性”評級,目標價由4.4港元下調9.1%至4港元。而麥格理髮研報指,中國聯通去年下半年收入較上半年持平,按年增長7%,大致符合該行及市場預期;期內,EBITDA利潤率由上半年的30.1%降至28.6%;與去年上半年比較,下半年集團EBITDA跌5%,導致經營利潤挫69%,純利也減少43%,均遜於該行及市場預估。儘管該行認為聯通業績表現疲弱,但仍維持“優於大市”評級,目標價6.63港元。

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.