You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》中信証券上調中石油(00857.HK)今明兩年盈測 評級「買入」
中信証券發表報告指,中石油(00857.HK)去年和今年首季業績同勝預期。作為內地油氣行業龍頭,其油氣產量、儲量有望保持穩定,目前油價水平下上下游協同受益,未來兩至三年盈利能力有望維持高位。予H股目標價6.4元,維持「買入」評級。 該行上調中石油今明兩年純利預測至分別1,591億和1,583億元人民幣,原先預測為1,163億和1,137.1億元人民幣,新增後年預測為1,564億元人民幣,對應今年至後年每股盈利預測分別為0.87、0.86及0.85元人民幣。 該行保守假設今年至後年布蘭特油價均價分別為每桶85、80及75美元。中石油作為內地油氣行業最大的供應商,上游板塊將充分受益。另外,該行預計今年內地成品油市場需求將進一步回暖,化工品盈利能力隨下游需求增多持續提高,有望扭虧為盈。 天然氣業務方面,該行指,今年天然氣儲量產量增加,加上國際天然氣價格顯著回落,成本端壓力減小。2月國家發改委價格司要求各地就建立健全天然氣上下游價格聯動機制提出具體意見建議。3月以來湖南、內蒙、浙江陸續召開價格聯動機制聽證會或發布通知,逐步開展天然氣順價的工作。根據中石油和中石化最新的管道氣價格,今年管制氣與非管制氣價格均呈按年上漲趨勢,公司作為天然氣銷售龍頭企業,業務盈利能力將進一步提高。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account