智通财经APP获悉，花旗发布研报称，中国中车(01766)去年业绩令人失望，盈利逊该行及市场预期。该行将公司评级由“买入”下调至“中性”，将目标价由6.9港元降至5.4港元，并开启90天下行催化剂观察，表示关注次季公布的第一批高速动车组招标情况。
公司今年的展望同样不明朗，管理层预计2025年的高速动车组招标规模约为200列，低于2024年的245列、机车更换需求取决于政府的补贴政策，存在不确定性。该行同时提出，公司的股息支付率维持在约49%，对于增长率仅为个位数而且拥有强劲自由现金流的公司而言，未能满足投资者期望。
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