《大行報告》瑞銀料內地電力板塊方興未艾 首選潤電(00836.HK)及龍源(00916.HK)
瑞銀髮表研究報告指,內地熱能和可再生能源營運商的股價在過去數個交易日上升7.2至17%,相信該行業或會在多重積極催化劑的推動下繼續獲得重估,導致2023年利潤率擴張和銷量增加。該行首選華潤電力(00836.HK)和龍源電力(00916.HK)。
該行表示,在可再生能源方面,由於12月起的太陽能組件價格下跌較預期早,相信項目內部收益率可能會恢復到7至8%。國家能源局宣佈到2023年160GW的太陽能和風能新增目標,意味着中國非水電可再生能源的總體裝機容量增長約20%。
該行對潤電和龍源的2023年盈利預測分別比市場預期高8.1%和13.4%,又認爲基於2022年的股價表現明顯不理想,故股價反彈可能會繼續。該行看好華潤電力,因爲其項目質量理想,目標價19元;看好龍源作爲領先的可再生能源營運商,目標價16元;信義能源(03868.HK)則予目標價3.5元。三股評級均爲「買入」。
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