兴业证券：维持天齐锂业(09696)“审慎增持”评级目标价86.15港元_老虎社区_美港股上老虎

兴业证券：维持天齐锂业(09696)“审慎增持”评级目标价86.15港元

智通财经2022-10-17

智通财经APP获悉，兴业证券发布研究报告称，维持天齐锂业(09696)“审慎增持”评级，目标价86.15港元，较现价有39.5%涨幅，建议投资者关注。公司锂资源100%低成本自给，尽享选矿端、冶炼端利润。经该行测算，今明两年全球锂资源供需平衡，锂精矿及锂盐价格有望维持相对高位，助力其及联营公司SQM利润释放。此外，天齐目前财务杠杆低、现金流充足，锂盐产能及下游业务布局有望加速。报告中称，1)...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

昵称老是不能用
·2022-10-17
业绩这么好为啥还跌跌不休
回复
点赞
举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2276237905?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2022-10-17 10:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2276237905","market":"hk","top_or_hot":-1,"title":"兴业证券：维持天齐锂业(09696)“审慎增持”评级 目标价86.15港元","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，兴业证券发布研究报告称，维持天齐锂业(09696)“审慎增持”评级，目标价86.15港元，较现价有39.5%涨幅，建议投资者关注。公司锂资源100%低成本自给，尽享选矿端、冶炼端利润。经该行测算，今明两年全球锂资源供需平衡，锂精矿及锂盐价格有望维持相对高位，助力其及联营公司SQM利润释放。此外，天齐目前财务杠杆低、现金流充足，锂盐产能及下游业务布局有望加速。报告中称，1)...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/806444.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>兴业证券：维持天齐锂业(09696)“审慎增持”评级 目标价86.15港元</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n兴业证券：维持天齐锂业(09696)“审慎增持”评级 目标价86.15港元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-17 10:24 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/806444.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，兴业证券发布研究报告称，维持天齐锂业(09696)“审慎增持”评级，目标价86.15港元，较现价有39.5%涨幅，建议投资者关注。公司锂资源100%低成本自给，尽享选矿端、冶炼端利润。经该行测算，今明两年全球锂资源供需平衡，锂精矿及锂盐价格有望维持相对高位，助力其及联营公司SQM利润释放。此外，天齐目前财务杠杆低、现金流充足，锂盐产能及下游业务布局有望加速。报告中称，1)...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/806444.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"601377","symbol_name":"兴业证券","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/806444.html","article_id":"2276237905","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2276237905","pubTimestamp":1665973465,"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，兴业证券发布研究报告称，维持天齐锂业“审慎增持”评级，目标价86.15港元，较现价有39.5%涨幅，建议投资者关注。得益于锂资源优势，2022H1天齐毛利率84.1%，其中锂精矿毛利率77.05%、锂盐毛利率87.54%，行业领先;预计2022Q3毛利率维持领先地位。该行表示，截至2022H1末，公司持有SQM22.16%股权，按权益法入账。锂盐量价齐升、化肥化工类产品价格走高推动SQM2022H1归母净利润同比+949%，天齐确认投资收益23.26亿元。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{"601377":"兴业证券","002466":"天齐锂业","09696":"天齐锂业"},"translate_title":"Industrial Securities: Maintain the target price of \"prudent overweight\" rating of Tianqi Lithium Industry (09696) of HK $86.15","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601377":1,"002466":1,"09696":1},"content_text":"智通财经APP获悉，兴业证券发布研究报告称，维持天齐锂业(09696)“审慎增持”评级，目标价86.15港元，较现价有39.5%涨幅，建议投资者关注。公司锂资源100%低成本自给，尽享选矿端、冶炼端利润。经该行测算，今明两年全球锂资源供需平衡，锂精矿及锂盐价格有望维持相对高位，助力其及联营公司SQM利润释放。此外，天齐目前财务杠杆低、现金流充足，锂盐产能及下游业务布局有望加速。报告中称，1)2022H2锂业利润部分向矿端集中，一体化公司更受益。天齐有效掌握格林布什采矿权，收入并表，并包销50%化学级锂精矿，锂资源100%低成本自给，尽享选矿端、冶炼端利润。得益于锂资源优势，2022H1天齐毛利率84.1%，其中锂精矿毛利率77.05%、锂盐毛利率87.54%，行业领先;预计2022Q3毛利率维持领先地位。2)行业景气，利润释放。经该行测算，2023年全球锂资源整体供需平衡，锂盐价格有望维持相对高位，锂资源+锂盐一体化龙头利润释放。该行表示，截至2022H1末，公司持有SQM22.16%股权，按权益法入账。SQM有阿塔卡玛盐湖开采权，目前配套锂盐产能21万吨，全球第一。锂盐量价齐升、化肥化工类产品价格走高推动SQM2022H1归母净利润同比+949%，天齐确认投资收益23.26亿元。预计今明两年SQM利润额维持高位。此外，天齐2022年7月在港上市，净募资130.62亿港元，还清SQM并购贷款余额，7月底资产负债率降至28%，指引后续资产负债率维持在40%以内。同时还引入中创新航、LG化学、德方纳米等基石投资者，与下游客户利益绑定。公司与中创新航、北京卫蓝合作，拟发力锂盐下游业务，拓展长期空间。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":666474009,"gmtCreate":1665974759402,"gmtModify":1665974760715,"author":{"id":"3464816382197017","authorId":"3464816382197017","name":"昵称老是不能用","avatar":"https://static.tigerbbs.com/4d8cbce749e559f0937a3bc4531a75e1","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3464816382197017","idStr":"3464816382197017"},"htmlText":"业绩这么好为啥还跌跌不休","listText":"业绩这么好为啥还跌跌不休","text":"业绩这么好为啥还跌跌不休","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/666474009","repostId":2276237905,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}