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《大行》瑞銀料市場對贛鋒鋰業(01772.HK)盈警反應負面 目標18.1元籲沽
阿思達克 07-15 10:03
瑞銀研究報告指,贛鋒鋰業(01772.HK)發盈警,料中期股東應佔淨虧損介乎3億元至5.5億人民幣(下同),相較去年同期7.6億元淨虧損有所收窄。扣除非經常性損益後的虧損淨額達5億元至9.5億,對比去年同期虧損為1.6億元。反映2025年次季淨虧損及經常性淨虧損中位數分別為6,900萬及4.83億元,低於市場預期的1.1億元盈利;料投資者對盈警有負面反應,現予目標價18.1元及「沽售」評級。 該行認為,經常性淨利潤低於淨利潤,主要因儲能系統及電站業務的投資收益尚未計入經常性項目。估算2025年次季鋰化合物平均售價為每噸6.5萬元,而6%品位鋰輝石精礦均價為每噸770美元。
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