华润燃气(1193.HK):盈利结构优化 龙头红利渐近

国泰君安
04 Nov 2024

本报告导读:受益于盈利结构调整、经营现金流提升、资本开支放缓等因素,公司盈利稳健增长,自由现金流改善,DPS进入上行通道,红利价值提升。投资要点:首次覆盖,目 标价 37.05 港元,给予“增持”评级。我们预计公司2024~2026 年EPS 2.47/2.75/3.00 港元。结合相对估值与绝对估值,我们给予公司目标价37.05 港元,对应2024 年15 倍 PE;首次覆盖,给予“增持”评级。...

Source Link

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10