中国燃气(0384.HK):结构优化开新局 股息价值正当时

国泰君安
23 Feb

本报告导读:公司盈利结构持续优化,营运资金管理有望提效;叠加资本开支放缓,自由现金流有望改善,DPS 有望维持0.50 元,股息价值凸显。投资要点:首次覆盖,目 标价8.28 港元,给予“增持”评级。我们预计公司FY25~FY27 EPS 0.63/0.69/0.79 港元。结合相对估值与绝对估值,考虑到公司股息价值凸显,我们给予公司目标价8.28 港元,对应FY2612 倍 PE 估值、0.8 ...

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