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惠譽上調寧德時代(300750.SZ)評級至「A-」 展望穩定
阿思達克 06-27 12:36
惠譽評級公布,將寧德時代(300750.SZ)的長期外幣發行人違約評級及其高級無抵押評級自「BBB+」上調至「A-」,發行人違約評級的展望穩定。 惠譽認為,寧德時代的業務狀況愈加強健。2022年和2023年第一季的業績表現彰顯出其佔據主導地位的市場份額、技術能力及其領先行業的產能水平均得到夯實,這與其他汽車部件細分行業的同業水平相當或表現更強。 此外,惠譽認為寧德時代的財務狀況亦對其評級形成支持,儘管自由現金流生成要到2024年才趨於中性,但是經營性現金流和股票發行所募集資金能夠為其現有高額資本支出提供資金支持。 至於穩定展望反映出,惠譽預期寧德時代將繼續保持其全球領先的市場地位,大量在手訂單可支持未來增長,且槓桿率空間充裕。
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