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新意网集团(01686.HK):扩张规模 候低吸纳

Xinyi Network Group (01686.HK): The scale of expansion awaits low absorption

金利豐證券 ·  Feb 26, 2020 00:00  · Researches

New ideas (1686) services include the provision of data centers, facilities management and value-added services. By the end of December 2019, revenue had increased by 12% year-on-year to 819 million yuan, while profit fell 0.4% to 409 million yuan. However, operating profit during the period increased by 89.9% to 401 million yuan, and EBITDA rose by 103 million yuan to 565 million yuan. According to the current data center's EBITDA, it was recorded an annual increase of 22%.

The collection has actively worked hard in recent years, and the current development of the military, Australia and New Zealand data Center project TKOTL 131will provide about 1.2 million square meters of noodles, and preliminary construction projects have been started. The development project, which is adjacent to its existing MEGA Plus, is expected to achieve cost-effectiveness and cost-effectiveness, as well as the integration of facilities for customers at its exhibition. Upon full completion, the collection will occupy about 1.7 million square feet of land in Hong Kong, becoming a major blessing for Hong Kong. However, the legal dispute over the alleged use of heavily occupied land for sublease by the data Center of the military Australia Industrial Post will be subject to judgment.

The collection company is also actively developing the data center project of the new site TWTL 428 in Tsuen Wan, which provides 200,000 square meters of surface area. foundation works are being carried out at the same time, and it is planned to be completed in 2022. In addition, the collection company will continue to invest to upgrade the existing facilities, especially the chemical project of MEGA-, which is expected to be completed by the end of the year, with an increase of up to 40% of the power capacity. However, at the end of last year, the stock market held 495 million yuan in deposits, 5.829 billion yuan in bank loans and 3.3 billion yuan in stock bonds, respectively, and the final equity ratio was as high as 220%. If long-term mortgage loans are excluded, the debt ratio is 136%.

At present, it loses all the main average lines and rises and falls on the rectangular channel. The STC%K falls through the% D line, the MACD bear has a long distance, it is suitable for a low suction of 5 yuan, and the reverse resistance is 5.68 yuan. It will continue to hold if it does not fall below 4.80 yuan.

The translation is provided by third-party software.


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