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.
一文綜合券商於工行(01398.HK)公佈去年業績後最新觀點及目標價
工商銀行(01398.HK)今早股價靠穩。野村發表報告表示工行去年純利按年升逾10%高於該行及市場原預期各1.1%及2.1%,主要因營運收入強勁,指其去年派息比率31%維持穩定。 工行公佈截至去年12月底止全年業績,營業額8,608.8億元人民幣按年升7.6%。純利3,483.38億元,按年升10.3%,高於本網綜合券商預測(介乎3,396.15億至3,456.33億元人民幣);每股盈利95分。每10股派發2.933元人民幣,即每股派息29.33分人民幣。 工行去年利息淨收入6,906.8億人民幣增長6.8%,淨利息差和淨利息收益率分別1.92%和2.11%,比上年下降5個基點和4個基點,主要原因是該行持續讓利實體經濟,進一步降低企業融資成本。核心一級資本充足率13.31%,減少0.13個百分點。不良貸款2,934.29億人民幣,減少5.49億人民幣。不良貸款率1.42%,下降0.16個百分點。 【業績優預期 前景存挑戰】 匯豐環球研究報告表示,工行去年每股盈利及派息均高於預期,指盈利表現具質素,指其去年四季度淨息差按季擴闊2個基點至2.11%,指工行資產質量穩健,不良貸款率環比下降10個基點至1.42%,維持其「買入」投資評級,將目標價由7.1港元微微下調至7港元。 摩根大通表示,工行2021年純利按年升10%,增速略低於其他四大國有商銀(按年升12%),工行去年第四季純利按年升11%,優於該行原預期升10%,指上季淨息差擴闊及資產質素見改善,但手續費收入增長仍然疲弱,該行料工行今年收入增長會受壓,維持對其「中性」投資評級及目標價5.1港元。 ------------------------------- 下表列出4間券商對其投資評級及目標價: 券商│投資評級│目標價(港元) 匯豐環球研究│買入│7.1->7元 野村│買入│6.91元 花旗│買入│6.52元 摩根大通│中性│5.1元 券商│觀點 匯豐環球研究│去年每股收益及派息比率高於預期,核心一級資本比率有所改善 野村│去年業績表現略勝預期,派息比率維持在31% 花旗│淨息差擴張盈利具彈性 摩根大通│去年第四季利潤增長勝預期,撥備前利潤增長符預期
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