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》花旗料煤價下行 升華能(00902.HK)目標價至6.2元重申「買入」
阿思達克 07-31 11:34
花旗研究報告指,華能國際電力股份(00902.HK)上半年業績勝預期,淨利潤按年升23.2%至95.78億元人民幣,較市場及該行預期高,期內單位煤炭成本按年跌10.1%。該行預期未來12至18個月現貨煤價將因需求減弱而進一步下行,足以抵消煤炭行業供給側改革帶來的價格支持,而且公司自由現金流改善,股息率有望提升。 因此,該行重申華能國電「買入」評級;基於煤價成本下調,將2025至27年淨利潤預測上調19至23%,H股目標價升15%至6.2港元,A股(600011.H)目標價升14%至8.8元人民幣,當前股息收益率分別為7.8%及5.1%,具吸引力。
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