《大行報告》匯豐研究升中廣核電力(01816.HK)目標價至2.6元 去年營運數據如期步入正軌
匯豐研究發表研究報告指,中廣核電力(01816.HK)2023年經營數據顯符合預期,並展示出其產能利用率優勢以及新產能增長路線。國務院於去年12月核準核電項目,該行認爲,此釋放出核電仍是中國能源轉型關鍵方向的信號,預期零排放的核能發電可享有更優先調度,同時核電電價與其他電源相比亦更具可預測性。
該行指出,中廣核發電量符合預期,產能利用率上升,加上新增發電機組和臺山1號機組恢復運行,雖然燃料成本上漲,但由於已簽訂長期合約,認爲成本可控。
匯豐研究又指資產注入將會是值得關注的催劑,認爲在資本市場關注週期性機會的同時,中廣核以2024年預測市賬率0.8倍及約5.5%股息回報,提供較好防守性,維持「買入」評級,目標價微升至2.6元。(gc/u)
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