海通国际发表研究报告指,恒地(00012.HK) 去年收入按年跌8%,基础溢利增1%。集团过去七年的派息持平。该行指出,恒地拥有全港最多的农地储备,由于平均成本低至每方呎226元,相信未来可能会释放土地价值。
海通国际下调恒地2024及25财年的基础溢利预测16%和13%,以反映利润率下降。该行指,虽然集团股息率高,且财政状况健康,但预计集团仍需等待发展物业市场进一步复苏,因此降其评级至“中性”,目标价23.2元。(sl/da)(港股报价延迟最少十五分钟。沽空资料截至 2025-03-21 16:25。)
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