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.
穆迪:確認華南城(1668.HK) “B2” 企業家族評級 展望穩定
格隆匯 08-27 17:57

格隆匯8月27日丨穆迪將其對華南城(1668.HK)的企業家族評級確認為“B2”,展望穩定。該評級反映了華南城在中國開發和運營綜合物流和貿易中心的經驗,良好的盈利能力,不斷增長的運營和經常性收入。

穆迪預計,華南城在2021財年的合同銷售額將同比增長10%,達到150億港元左右,這得益於其龐大的銷售資源及強勁的住宅與公寓項目的銷售業績。穆迪還預計,在未來12-18個月,華南城將保持良好的盈利能力,這得益於較低的土地成本、及其租金收入和附加服務的良好盈利能力。在過去的2-3年裏,華南城實現了40%以上的高毛利率,超過行業平均水平,在任何下行週期都能提供靈活的定價。

此外,該評級還考慮了華南城不斷增長的非開發收入來源,包括租金、物業管理、物流和倉儲服務以及零售業務,其中許多業務是通過與客户簽訂長期合同獲得的。穆迪預計這些經常性收入將有助於緩和房地產開發項目銷售帶來的現金流波動。

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 this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.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.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account