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標普:萬科(02202.HK)負債平穩及流動性充足
阿思達克 09-02 09:30
評級機構標準普爾表示,萬科企業(02202.HK)的毛利率具韌性、收入增長穩固且負債水平平穩,於今年將有助穩定公司的槓桿水平。 標普指,在目前內房行業低迷的情況下,繼續評估萬科有充足的流動性,主因公司有較高的現金回款率、加上境內外再融資渠道暢通及審慎土地收購。 標普預期萬科未來兩至三年的每年合同銷售總額將穩定於4,700億至5,000億元人民幣之間,並料集團同期間的債務水平或會下降,其於2022至2024年的槓桿比率,以債務對息稅與折舊攤銷前利潤比率計料2.7至2.9倍,略低於觸發評級下調的3倍。
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