东方财富证券:中国宏桥(01378.HK)一体化优势和高股息属性突出 首予“买入”评级

智通财经
Aug 05
【东方财富证券:中国宏桥(01378.HK)一体化优势和高股息属性突出 首予“买入”评级】智通财经APP获悉,东方财富证券发布研报称,中国宏桥(01378.HK)一体化优势和高股息属性突出,首次覆盖,给予“买入”评级。该行预计公司25-27年归母净利分别为226.4/242.1/253.9亿元,对应EPS为2.44/2.61/2.73元。该行认为公司通过垂直一体化布局实现完整产业链布局,并且通过前瞻性布局海外铝土矿和氧化铝资源,有利于增强公司的抗风险能力和业绩稳定性。公司致力于成为基业常青的世界领先百年制造企业,类似神华持续高分红回报投资者,高股息属性突出(公司22-24年股息率6.7%/10%/13.6%、神华H对应股息率12.7%/9.3%/7.3%)。

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