大行評級|花旗:大幅上調金風科技目標價至9港元 重申“買入”評級
花旗發表研究報吿指,重申對金風科技評級為“買入”,並在內地風電板塊第三季業績後,維持列其為行業首選,目標價由5.35港元大幅上調至9港元。該行指,預計明年風力發電機(WTG)銷售量將按年增長,公司截至9月底止在手訂單按年增長36.3%,而風力發電機銷售的毛利率預計將從今年的6%擴大至明年的至少8%,這得益於高毛利訂單的銷售比例從2024年料18%提升至2025年的40%。該行另提到,公司風電場出售量預計將從2024年首九個月的225兆瓦(MW)激增至2024年第四季的1.5吉瓦(GW)。其債務槓桿率正在改善(下降)。該行指,由於風力發電機銷售量和毛利率的提高,將對公司2024年至2026年的純利預測上調10%至11%。
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