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《大行報告》花旗下調信義光能(00968.HK)目標價至11.5元 評級「買入」
花旗發表報告指,基於人民幣兌港元匯率走強、融資成本降低,以及收到補貼下現金流改善,將信義光能(00968.HK)2023年淨利潤預測相應上調約8%,但由於預期多晶矽售價將下降,將2024年淨利潤預測小幅下調約1%。 花旗信義光能的目標價從12.5元下調至11.5元,以反映明年起多晶矽業務的利潤貢獻或下降,以及2024至2030年期間資本支出將增加等因素,對應預測2023年市場率約21.7倍;評級「買入」 該行指,太陽能玻璃需求可能較預期弱,導致產品均價下降,加上產能擴張或較預期快等,都將是信義光能面對潛在風險因素。
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