大行評級|大摩:上調龍源電力評級至“增持”評級 風力渦輪升級或帶來更好回報
摩根士丹利發表報吿指,龍源電力H股目前的估值,相當於2024年0.75倍和2025年0.69倍市賬率,股本回報率為10至11%,因此升至“增持”評級,目標價9.7港元。
該行預期,風力渦輪升級可能帶來更好的回報。龍源在2022年對350兆瓦和2023年對1.23千兆瓦的老風電項目進行大換小風電機組升級改造,這些項目將於2025年全部完成。龍源指,升級改造完成後,裝機容量將增加1至3倍,利用小時數可提高30至50%,因為這些老項目通常位於風資源最好的地區。該行預計風電項目的內部收益率將提高逾1.5%。
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.