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《大行報告》美銀證券上調龍源電力(00916.HK)目標價至25.4元 評級「買入」
美銀證券上調龍源電力(00916.HK)目標價,由24.3元升至25.4元,評級維持「買入」。該行下調對龍源今年每股盈利預測8.6%,上調明年及2024年每股盈利預測4.5%及4.7%。 該行指,龍源中期純利為每股0.51元人民幣,低於該行預測的0.57元人民幣。中期煤炭銷售收益42億元人民幣,低於該行預測的48億元人民幣。撇除煤炭及煤電收入,集團上半年可再生能源業務每股盈利稍勝該行預期1%。 該行又指,龍源上半年收到可再生能源補貼114億元人民幣,去年同期僅為1.3億元人民幣,有助公司減低利息支出4.52億元人民幣。相比之下,華能電力(00902.HK)確認同期收取86億元人民幣補貼,但潤電(00836.HK)僅取得2,100萬元人民幣補貼,信義光能(00968.HK)及協合新能源(00182.HK)更未能取得補貼。該行相信財政部優先向5大獨立能源供應商提供補貼,意味對該等公司帶頭擴大可再生能源產能提供正面政策支持。
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