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》大華繼顯下調新地(00016.HK)目標價至112.64元 基礎純利遜預期
阿思達克 09-11 10:32
大華繼顯發表報告指,受香港房地產開發業務貢獻低於預期所拖累,新地(00016.HK)2023財年基礎純利按年下跌16.9%,遜市場預期,撇除匯兌影響,香港和內地的零售投資組合仍展現出一定韌性。 新地2024財年香港及內地權益合約銷售額目標分別為330億及50億港元,大華表示對來年公司經營看法轉趨審慎,預期管理層將關注財務狀況安全性,預料會將淨負債率保持在20%以下,並會出售非核心資產,未來基礎純利股息派付比率將回復至40%至50%的正常水平,亦會嚴格控制資本支出。 大華繼顯憧憬新地增長中的投資物業組合可推動公司中期增長,但考慮更保守的銷售預測,將2024及2025財年盈測分別下調16.8%及17.5%,目標價由128.73元降至112.64元,維持「買入」評級,仍列為香港房地產行業的首選股。
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