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《大行报告》麦格理升金风(02208.HK)至「跑赢大市」 目标价上调66%至21.3元
阿思达克 11-01 15:02
麦格理发表研究报告,麦格理发表研究报告,指金风科技(02208.HK)第三季税后纯利按年升47%,主因风力发电机毛利率由去年的14%升至上季的约18%,抵销装机量下跌令风力发电机付运按年跌20%带来的影响。 报告称,管理层自第三季起提出更进取策略争取订单,推动市占扩大。公司目标在2022/2023年度市占扩至约25%。该行维持金风2022/2023年度风力发电机付运分别12及13吉瓦的预期,受惠本地需求及市占扩张。 该行指出,因成本控制得宜,金风毛利率料可维持在15%以上,并上调其2022至2023年每股盈测分别5%及9%;同时上调估值基础,由明年预测市盈率11倍升至18倍,目标价相应升66%至21.3元,评级由「中性」升至「跑赢大市」。
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