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研報掘金|申萬宏源:首予新奧能源“買入”評級 目標價69.6港元
申萬宏源發表報吿,首次覆蓋新奧能源 ,予“買入”評級,目標價69.6港元。報吿指,基於新奧能源天然氣銷售業務長期向好,毛差穩步修復,綜合能源及智家新興業務快速成長的預期,預測公司2023至2025年淨利潤分別為71.88、81.67、93.36億元, 每股盈利分別為6.37、7.24、8.28元。申萬宏源認為,在疫情後工業恢復不及預期與房地產行業景氣度下行的背景下,新奧能源穩住銷氣量,並依靠高毛利的綜合能源業務與智家業務的成長保障公司整體盈利能力。隨着全國天然氣消費量在今年重回正增長軌道,公司主營天然氣銷售業務有望長期穩定發展。
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