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《大行報告》瑞銀升中國建築(03311.HK)目標價至12.8元 內地業務營運正面屬驚喜
瑞銀髮表研究報告指,中國建築(03311.HK)去年純利按年升15%,超出瑞銀預期,並略勝於市場預測。經營現金流入5億元,高於2022年;內地業務經營現金流首次轉正令人驚喜。期內派息0.56元,全年股息率爲30.8%,較2022年高出0.4個百分點。管理層維持今年新合約銷售2,100億元及純利增長雙位數的預測。至於明年,集團目標爲50%的新合約來自技術型項目。 該行分別上調今明兩年的盈測5%和6%,以反映香港市場長期改善的前景及開支比率較預期好。該行將公司目標價由12.2元上調至12.8元,維持評級「買入」。
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