Market Brief

The articles are produced in Chinese only.

Author

李樂雯女士 (Phoenix Li)
經理

現任職輝立分行經理,對股票、期貨投資經驗豐富。 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:
29437400

1186.HK 中國鐵建

Friday, March 20, 2020 Views5146

主要業務

中國鐵建股份有限公司是一家中國公司,主要從事工程承包打造了包括科研、規劃、勘察設計及諮詢、施工、監理、運營、工業製造等在內的全面完整的建築業產業鏈。公司的工程承包業務主要包括鐵路,公路,城市軌道,水利水電項目,建築,市政項目,橋樑,隧道,機場和海港的建設。建設領域確立了行業領導地位。集團還從事工業製造,房地產開發,物流和材料貿易業務,以及提供測量,設計和諮詢服務。公司主要在國內外市場上經營業務

 

業續

截至2019年9月30日止九個月,中國鐵建公司的收入增長15%至RMB561.36B。淨利潤增長16%至RMB14.69B。收入反映了由於有利的市場條件對公司產品和服務的需求增加。受益於利息收入的淨收入從人民幣6.941億元增長至人民幣2.72B(收入),長期股權投資總賬-權益法從人民幣9,030萬元增長至人民幣1.244B。 於2019年9月30日,集團持有貨幣資金1206﹒29億元,短期及長期借款分別為744﹒59億元及938﹒82億元。

 

截至2019年9月30日期內,集團新簽合同額11﹐152﹒34億元,較去年同期增長25﹒1%。其中,國內業務佔91﹒2%,海外業務佔8﹒8%。截至2019年9月30日,集團未完合同額29﹐446﹒1億元,較去年同期增長9﹒8%。其中,國內業務佔80﹒5%,海外業務佔19﹒5%;2019年第四季度新簽合同額達8,916.2億元人民幣(下同),按年增長28.69%。累計2019年全年新簽合同額為約2萬億元,按年升26.66%,當中境外新簽項目合同額按年升1.06倍。

 

2020年新簽合同

2020年01月09日公布 - 下屬公司聯合體中標濱海快線(福州至長樂機場城際鐵路工程)第2標段工程,總工期1,644天,中標價50.49億人民幣; 01月20日公布,近日中標南京地鐵9號線一期工程施工總承包D.009.X-TA02,計劃工期44個月,中標價約43.32億元人民幣; 03月01日的下屬中國土木工程與尼日利亞聯邦交通部簽訂尼日利亞鐵路現代化項目5號補協議米納至阿布賈段工程總承包合同,工期36個月,合同額10億美元,折合約70.2億人民幣; 03月07日公報的中國鐵建下屬中鐵十八局集團等單位組成聯合體中標嵊州市片區綜合開發項目,總投資約186億人民幣,合作期八年。從中可見集團正穩定的發展中。

 

投資建議
建議買入: $7.6 建議沽出: $7.3 建議止蝕: $8.5

註:本人李樂雯為證監會持牌人士。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証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.
Top of Page
Contact Us
Please contact your account executive or call us now.
Research Department
Tel : (852) 2277 6846
Fax : (852) 2277 6565
Email : businessenquiry@phillip.com.hk

Enquiry & Support
Branches
The Complaint Procedures
About Us
Phillip Securities Group
Join Us
Phillip Network
Phillip Post
Phillip Channel
Latest Promotion
E-Check
Login
Investor Notes
Free Subscribe
Contact Us