《大行報告》花旗:龍湖(00960.HK)具財務紀律及韌性 未來五年有力實現正營業現金流
花旗發表報告重申對龍湖集團(00960.HK)「買入」評級及目標價53.3元,指公司整體堅韌,商業票據沒有逾期付款,並計劃在今年下半年內清償相關票據。
該行指,龍湖集團具財務紀律,公司在收購地皮的紀律嚴明(佔銷售額的24%),有長遠視野應對市場挑戰。公司努力在未來五年內在C1(地產開發)至C6(房屋裝修)業務實現正營業現金流,並增加經常性收入組合。
花旗表示,龍湖管理層對銷售前景持建設性看法,指7月銷售跌幅收窄(按年跌5%),並指8月有更多新項目推出。
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