粤海投资(00270)今日盘中大跌9.55%,引发市场关注。分析人士指出,受公司物业投资及开发业务面临潜在减值亏损及毛利率下降等因素影响,令市场对公司长期前景产生担忧,股价因而遭受重挫。
投行研报显示,摩根士丹利发布研报将粤海投资评级维持"增持",但同时下调该股今明两年纯利预测18.6%及13.1%,反映公司物业投资及开发业务存在库存减值亏损及毛利率较低的风险。摩根士丹利预计,由于此因素影响,粤海投资今年至2026年股息率或将下滑至7.5%至8.7%的水平。
作为一家以水务业务为主导的公用事业股,粤海投资近年来正在加大物业投资和开发力度。据最新财报数据,该公司2023年实现营收122.91亿港元,净利润24.11亿港元。不过,随着行业竞争加剧及宏观经济环境变化,公司物业板块亏损风险加大,或将拖累整体业绩表现,进而影响投资者预期。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.