On June 17th, Haitong International's research report pointed out that it maintains a rating of "outperform" for Dongfang Electric Corporation (1072.HK), based on the company's high-speed growth in orders in 2023. It is expected that the company's revenue in 2024-2026 will be 69.69/77.68/83.59 billion yuan, with corresponding net income attributable to the mother of 4.33, 7.4/5.18/5.72 billion yuan. Based on the company's new layout in the field of new energy, the perpetual growth rate has been raised from 0.2% to 0.5%, and according to the DCF model, the target price has been raised from HK$12.3/share to HK$15.73/share. In addition, the company strives to enter the first echelon in wind power, complete international type certification for key models, strive for breakthroughs overseas with its own brand, and expand overseas marketing institutions and layout in an orderly manner.
研报掘金丨海通国际：维持东方电气“优大于市”评级，上调目标价至15.73港元
Research Reports: Haitong Int'l maintains the rating of Dongfang Electric Corporation as "outperform" and raises the target price to HKD 15.73.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.