智通财经APP获悉，美银证券发布研报称，中国海外发展(00688)第三季业绩表现疲弱，将目标价由16.3港元下调至16港元，惟重申“买入”评级。第三季盈利疲软可能源于项目竣工时机因素，预期第四季基本盈利将出现反弹。由于盈利有望反弹，该行认为中海外目前估值，2027年预测市盈率8倍具吸引力，仍属行业首选之一。
该行指，内地楼价走弱可能透过存货减值对中海外2025财政年度盈利构成更大压力。尽管2025财年利润率可能走弱，但土地储备分析显示，若排除联营公司，中海外拥有业界最年轻的土地储备，仅27%在2022年前购买，故承担较低利润率，有望在景气复苏时率先恢复更好的利润率。
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