《大行》摩通:中国金茂(00817.HK)具明确库存清理计划 估值吸引评级“增持”

阿斯达克财经
Yesterday

摩根大通发表研究报告指,中国金茂(00817.HK) 去年核心净利润(扣除永续债分派后)按年下跌10%至6.96亿元人民币(下同),主要受减值影响,但较该行预期高8%。期内开发物业毛利率出现回稳迹象,若减值规模不再扩大,预期2025至2028年盈利年均复合增长率可达22%,有望实现盈利反弹。报告指,金茂将是今年少数实现合约销售正增长的中国发展商之一,预期按年增长7%。管理层订立明确的库存清理计划,...

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