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《大行報告》中金上調潤地(01109.HK)目標價至46.39元 料上半年核心淨利潤按年升3%
阿思達克 07-31 14:12
中金發表研究報告指出,預期潤地(01109.HK)上半年核心純利按年增長3%至104.6億元人民幣,略高於市場預期,相對於去年同期為101.6億元人民幣;每股股息有類似增長,意味著股息率約為0.6%。 該行預期,潤地上半年的房地產開發業務毛利率略低於20%,主要由於上半年高利潤項目的比例較低。該行料潤地全年項目結構持續改善,房地產開發業務毛利率維持在20%至23%,持續跑贏同業。 此外,該行維持對潤地的盈利預測。鑑於市場風險偏好上升,維持對公司「跑贏大市」的評級,並將目標價上調5%至46.39元,相當於今明兩年預測市盈率分別10倍和9.1倍。
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