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何國穎先生 (Paul Ho)
助理經理

現任職輝立助理經理,除了鑽研圖表和數據分析外,也著重股票基本分析面。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。
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農業銀行 (1288.HK)

Tuesday, December 2, 2025 Views183

農業銀行 (1288)

業績:

 

- 截至2025年9月止九個月,集團之股東應佔溢利增長3%至2208﹒59億元(人民幣;下同),淨利息收入下跌2﹒4%至4273﹒08億元,非利息收入增加20%至1234﹒66億元,淨利息收益率較去年同期下跌0﹒15個百分點至1﹒3%,信用減值損失下跌2﹒8%至1274﹒03億元。客戶存款及客戶貸款分別較去年底上升5﹒8%及8﹒5%,至320﹐678億元及260﹐197億元。不良貸款率為1﹒27%,較去年底下跌0﹒03個百分點。資本充足率及一級資本充足率分別為17﹒78%及12﹒92%,分別較去年底下跌0﹒41個百分點及0﹒71個百分點。

- 2025年上半年度,集團之股東應佔溢利上升0﹒8%至1303﹒03億元(人民幣;下同)。各業務狀況如下:

    (一)利息收入下7﹒1%,利息支出跌10﹒7%,淨利息收入跌2﹒9%至2824﹒73億元。淨利差由去年同期1﹒3%收窄至1﹒2%,淨利息收益率由去年同期1﹒45%收窄1﹒32%;

    (二)非利息收入上升14﹒5%至873﹒2億元,非利息收入佔總經營收入23﹒6%,去年同期佔20﹒8%;

    (三)經營支出上升2﹒8%至1117﹒25億元,成本對收入比率由去年同期29﹒6%擴大至30﹒2%;

    (四)貸款減值準備下跌1﹒2%至974﹒17億元,不良貸款比率由去年底1﹒3%收窄至1﹒28%;

    (五)客戶存款及客戶貸款分別較去年底上升5﹒3%及7﹒5%,至319﹐005億元及257﹐640億元。貸存比率為80﹒8%,去年底佔79﹒1%。

    (六)集團期內錄得金融投資信用減值損失達974﹒17億元。

 

 

買入價 5.5元

目標價 6元

止蝕價 5.2元

 

資料來源: ETNET

 

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