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趙俊邦先生 (Joseph Chiu)
助理經理

現任職輝立助理經理,投資股票經驗豐富。擅長期權及期貨倉位分析,誠意為客戶提供實戰應用策略或交流心得!
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2202 萬科企業 - 均好‧無短板

Tuesday, June 8, 2021 Views6213

集團業績
截至2021年3月止三個月,集團營業額上升30﹒3%至622﹒64億元(人民幣;下同),股東應佔
溢利增長3﹒4%至12﹒92億元。期內,集團業務概況如下:
(一)整體毛利下降15%至126﹒98億元,毛利率減少10﹒9個百分點至20﹒4%;
(二)房地產開發:實現銷售面積1104萬平方米,銷售金額1794﹒7億元,分別增長24﹒8%及30﹒2%;實現結算面積375萬平方米,增長18﹒5%;已售資源未結算面積為5352萬平方米,合同金額合計7624億元,較上年末分別增長8﹒8%及9﹒2%;
    1﹒南方區域:實現銷售面積156萬平方米,銷售金額為371﹒43億元;
    2﹒上海區域:實現銷售面積330萬平方米,銷售金額為673﹒79億元;
    3﹒北方區域:實現銷售面積314萬平方米,銷售金額為378﹒06億元;
    4﹒中西部區域:實現銷售面積217萬平方米,銷售金額為274﹒05億元;
(四)期內,集團實現新開工面積805萬平方米,增長13﹒5%,佔全年開工計劃的25﹒6%;實現竣工面積310萬平方米,增長27﹒7%,佔全年竣工計劃的8﹒6%;
(五)期內,集團獲取新項目32個,總規劃建築面積481萬平方米,權益規劃建築面積341萬平方米;
(六)截至2021年3月31日,集團在建項目總建築面積約11﹐302萬平方米,權益建築面積6699萬平方米;規劃中項目總建築面積4731萬平方米,按權益計算的建築面積2978萬平方米。此外,集團還參與了一批舊城改造項目,按當前規劃條件,權益建築面積合計340萬平方米;
(七)於2021年3月31日,集團之現金及現金等價物為1886﹒72億元,持有貨幣資金(含已抵押及受限存款)1966億元,有息負債合計723﹒7億元,淨負債率(有息負債減去貨幣資金,除以淨資產)為15﹒5%。

每股盈利
人民幣 3.62元

中期股息
人民幣 1.25元

建議時股價$25.7
目標價$30.3
止蝕$24.9

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