花旗:中集安瑞科配股集资支持清洁能源业务 重申“买入”评级

新浪港股
Jan 21
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  花旗发布研报称,中集安瑞科(03899)公布配售最多共7,970万股新股,预估扩大后股本约3.77%,每股作价9.79港元,净集资约7.74亿港元。花旗维持对中集安瑞科的“买入”评级,目标价12.5港元。

  中集安瑞科管理层解释,虽然合并口径下的现金状况与现金流看似充裕,但部分资金用途受限,尤其是在化工业务分拆上市(中集环科(301559.SZ))之后。此外,清洁能源业务的一些营运现金流入来自船舶客户的预付款,这些资金亦不能用于资本开支。因此,安瑞科需要依靠外部融资,以支持清洁能源业务的资本开支。

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