Market Brief

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Author

王富榮先生 (Chris Wong)
助理經理

現任職輝立助理經理,對投資大中小型股票均經驗豐富,亦擅於以窩輪、牛熊證操作。本人樂意為客戶提供投資分析及買賣策略。歡迎各位來電交流心得
Phone:
3925 9299

中海物業集團有限公司 (2669)

Wednesday, April 13, 2022 Views7815
中海物業 02669.HK

截至 2021 年 12 月底止年度,公司股東應佔溢利較去年上升 40.5% 至 9.84 億元,每股基本盈利 29.93 仙,末期息 6 仙。
去年整體毛利按年升 37.3% 至 16.42 億元,毛利率下滑 0.9 個百分點至 17.4%,整體收益按年升 44.3% 至 94.42
億元。
管理建築面積上升 38.9% 至 2.6 億平方米。其中新增項目之 65.8% 來自獨立第三方。

管理層力爭重點城市市場佔有率前三位;在第三方在管面積增加下,預計 2024 年在管面積複合年增長率達
30%,並著眼長遠社區增值服務及非住宅增值服務佔收入約 50%。

物業管理行業於國內仍為其中一個不斷增長行業,但現時大部份公司正受困於母公司流動性及融資問題,而令估值嚴重受壓。

中海物業 02669.HK 受惠母企背景能獨善其身,繼續按公司本身藍圖持續增長,未來亦相信有望把握併購機遇及更多第三方項目機會。




買賣策略

收集 $8.4-8.7  目標 $11-12   止蝕 $7.3


本人王富榮為證監會持牌人士。截至本評論文章發表日止,本人及/或其有聯繫者並無持有全部提及之證券的所有相關財務權益。
 
This report is produced and is being distributed in Hong Kong by Phillip Securities Group with the Securities and Futures Commission (“SFC”) licence under Phillip Securities (HK) LTD and/ or Phillip Commodities (HK) LTD (“Phillip”). Information contained herein is based on sources that Phillip believed to be accurate. Phillip does not bear responsibility for any loss occasioned by reliance placed upon the contents hereof. The information is for informative purposes only and is not intended to or create/induce the creation of any binding legal relations. The information provided do not constitute investment advice, solicitation, purchase or sell any investment product(s). Investments are subject to investment risks including possible loss of the principal amount invested. You should refer to your Financial Advisor for investment advice based on your investment experience, financial situation, any of your particular needs and risk preference. For details of different product's risks, please visit the Risk Disclosures Statement on http://www.phillip.com.hk. Phillip (or employees) may have positions/ interests in relevant investment products. Phillip (or one of its affiliates) may from time to time provide services for, or solicit services or other business from, any company mentioned in this report. The above information is owned by Phillip and protected by copyright and intellectual property Laws. It may not be reproduced, distributed or published for any purpose without prior written consent from Phillip.
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