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北水流入百億 港股後市例升? 專家稱不只睇一兩日 南水調整披露有影響 @ 2024-08-10T Back Hot News
Keyword:中移動 中國移動 上半年
Concept:中國移動上半年
上半年中移動資本開支為640億元,董事長楊傑相信全年資本開支可控制在1,730億元人民幣以下,符合年初制定的指引,並預計資本支出占收入比重可提前降至20%的目標以下,若沒有特殊開支,預告今後兩年資本支出規模會逐年減少,但仍會對5G補缺、配套、維護等持續投資。
富瑞發表報告表示,縱使中移動第二季收入僅按年升0.8%,差於市場預期約4%,純利卻按年升5.2%,勝於市場預期5%。該行指,縱使季度收入增長放緩,但能透過嚴緊控制網絡及銷售等經營開支、折舊及攤銷下降及投資利潤增加所抵銷。該行認為應收賬按年升22%,但情況應在下半年改善,不影響派息能力。該行相信內地上半年宏觀經濟差於預期,但中移動仍產生充足自由現金流,並料將每年產生持續的正現金流,每年約800億至1,200億元人民幣,截至上半年手上現金亦達6,190億元人民幣,該行對中移動穩定增加派息高度有信心。該行予中移動「買入」評級,目標價調整至101.39港元。

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