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港股异动 | 光大环境(00257)涨超6% 收入结构持续优化 自由现金流显著改善

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光大环境(00257)涨超6%,截至发稿,涨6.29%,报3.21港元,成交额6066.79万港元。

消息面上,中信证券指出,光大环境收入结构持续优化,令公司盈利能力进一步爬升,带动去年的毛利率及净利率,分别按年上升至43%及13.8%。该行亦表明,虽然环保行业发展有明显放缓,不过光大环境于市场开拓方面有所斩获,去年共投资落实40个新项目及2份现有项目的补充协议,总投资额达48.16亿元。

东吴证券表示,公司2023年还原后真实的经营性现金流净额约75亿港元,资本开支约78亿港元,两者差额同比大幅收窄,自由现金流呈显著正向改善趋势。公司成立应收账款管理小组,加强考核,多措并举改善应收账款回款水平,2023年下半年处理费回款情况环比改善。该行预计经营性净现金流有望随运营性收入的增长同步向上,2024年公司在建规模和资本开支将持续下降,自由现金流迎转正节点。

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