萬科(02202.HK)大成交炒高逾一成 上半年虧損擴大惟2027年之前已無境外公開債到期
萬科(02202.HK)今早(25日)高開0.8%後早段升幅急擴,曾升15.3%,高見5.96元創4月25日以來約四個月高。現報5.76元,升11.41%,成交激增至1.43億股,涉資8.14億元。萬科A(000002.SZ)今早漲停,報7.22元人民幣。
集團上半年收入錄得1,053.23億元人民幣(下同),按年下降26.2%;毛利53.8億元,下跌44.3%。虧損由上年同期98.53億元,擴至119.47億元,每股虧損1.01元。不派息。集團上半年,新增融資和再融資249億元。至今,順利完成243.9億元公開債務償還,2027年之前已無境外公開債到期。
瑞銀稱,萬科上半年虧損擴大,現股價相當於預測市賬率僅0.3倍,認爲投資者焦點在現金流及資產負債表。上半年萬科自由現金流錄負84.2億元,較2024年上半年負93.8億元輕微改善。該行維持予萬科「沽售」評級,因達至自由現金流收支平衡前,仍需要多年去槓桿努力,目標價2.6港元。
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