《大行報告》中金:中遠海控(01919.HK)次季業績好於預期 行業進入價值觀察期
中金發表報告指,中遠海控(01919.HK)預告上半年實現息稅前利潤約246.9億元人民幣,按年跌74.1%,實現歸母淨利潤約165.51億元人民幣,按年跌74.5%;對應次季實現歸母淨利潤為94.2億元人民幣,按年跌74.6%、按季升32.2%,次季業績略好於該行預期。
該行認為,當前集運行業進入了疫後長期投資價值的第一個戰略觀察期;在一方面,即使需求面臨通脹、經濟增長擔憂等問題,但供給端各大船公司能否通過拆船、閒置運力等方式對沖今明年交船壓力,是決定行業長期價值的關鍵因素,觀察指標為運價底部支撐位、拆船數量和速度。
中金指,在另一方面,當前船公司整體估值較低,且現金流充沛,公司賬面現金高於市值,存在較好投資機會,但仍需要關注運價變動對船公司盈利影響以及後續分紅情況。
該行表示,維持對中遠海控盈利預測不變,並維持其目標價為11.87元以及其評級為「跑贏行業」。(ca/w)
~
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.