Market Brief

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Author

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。
Phone:
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嘉里物流聯網有限公司 (636)

Friday, February 11, 2022 Views8271
嘉里物流 主要從事提供物流、貨運及貨倉租賃及經營服務。

業績:

截至2021年6月止半年度,集團營業額上升67﹒7%至367﹒09億元,股東應佔溢利增長2﹒2倍至33﹒8億元。期內業務概況如下:
(一)期內,集團核心經營溢利增長70﹒3%至25﹒36億元;整體毛利增加57﹒4%至42﹒68億元,毛利率則下跌0﹒8個百分點至11﹒6%;
(二)物流營運:營業額上升22﹒9%至114﹒04億元,佔總營業額31﹒1%,分部溢利增長12﹒4%至10﹒17億元;
(三)香港貨倉:營業額增長23﹒3%至1﹒2億元,分部溢利上升17﹒8%至2﹒75億元;
(四)國際貨運:營業額增加1倍至251﹒85億元,佔總營業額68﹒6%,分部溢利增長2﹒8倍至14﹒37億元;
(五)於2021年6月30日,集團之現金及銀行結存為71﹒46億元,銀行貸款總額為90﹒38億元。資產負債比率(按銀行貸款總額與透支除以股東應佔權益計算)為30﹒8%(2020年12月31日:33﹒6%)。

嘉里物流股受惠物流業需求持續增長,前景優秀。而順豐控股入股嘉里物流更是強強聯力,有助大舉擴充東南亞的業務。

買入價 20.4元
目標價 25元
止蝕價 18.5元

資料來源: ETNET
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