来源：金融界 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，纺织及服饰行业市盈率（TTM）平均值为-13.67倍，行业中值3.61倍。锦兴国际控股市 盈率5.1倍，行业排名第12位；其他FAST RETAIL-DRS（06288.HK）为0.37倍、浙江永安（08211.HK） 为1.34倍、大人国际（01957.HK）为3.49倍、杉杉品牌（01749.HK）为3.61倍、杜甫酒业集团 （00986.HK）为3.79倍。 资料显示，锦兴国际控股有限公司(「锦兴」或「集团」)成立于一九九六年,并于二零零四年于香港联合 交易所有限公司主板上市(股份代号:2307.HK)。集团总部设于香港,并于中国、澳门、韩国及新加坡设有 子公司。全球雇员逾7,300人。锦兴国际乃享誉全球的针织布料及色纱生产商,并集织/染/印/色纱于一体 的大型纺织综合企业。业务范围从染纱、针织、漂染、后整至成品销售,实施一条龙经营;生产基地位于 中国广东省广州市及恩平市,为集团的纺织产业链加以垂直综合配套。锦兴与国际知名的成衣制造商及 时装品牌建立了战略合作伙伴关系,产品畅销香港、澳门、东南亚、欧洲、日本、韩国、非洲、美洲 ...

Investment Rating - The report assigns an "Outperform" rating to the company with a target price of RMB 13.08, compared to the current price of RMB 9.96 [1][6][13]. Core Insights - The company is expected to benefit from improved wind conditions, with onshore and offshore wind utilization hours increasing by 152 and 421 hours year-on-year, respectively, leading to a positive outlook for performance recovery [1][6][13]. - For 2024, the company is projected to achieve revenue of RMB 14.56 billion, a slight decrease of 0.9% year-on-year, while net profit attributable to shareholders is expected to rise by 6.5% to RMB 2.79 billion [6][13]. - The first quarter of 2025 shows promising results with revenue of RMB 3.1 billion, up 0.3% year-on-year, and net profit attributable to shareholders increasing by 42.8% to RMB 750 million, driven by strong wind resources [6][13]. Financial Summary - The financial summary indicates that the company’s revenue is projected to decline slightly in 2024 but is expected to grow significantly in the following years, reaching RMB 18.44 billion by 2027, representing a growth of 17.6% [4][7]. - Net profit attributable to shareholders is forecasted to increase from RMB 2.79 billion in 2024 to RMB 3.73 billion in 2027, reflecting a compound annual growth rate of approximately 13.1% [4][7]. - The earnings per share (EPS) is expected to rise from RMB 1.00 in 2024 to RMB 1.34 in 2027, indicating a positive trend in profitability [4][7]. Future Growth Potential - The company has a robust pipeline of future projects, including a combined heat and power (CHP) project and offshore wind projects, which are expected to contribute significantly to net profits in 2026 and 2027 [6][14]. - The anticipated internal rates of return (IRR) for the CHP projects are 12.55% and 17.73%, indicating strong potential for profitability [6][14]. - The company plans to initiate a mid-term dividend of no less than 10% in 2025, reflecting a commitment to shareholder returns while pursuing growth [6][14].

Investment Rating - The report assigns an "Outperform" rating to the company with a target price of RMB 13.08, compared to the current price of RMB 9.96 [1][6][13]. Core Insights - The company is expected to see a recovery in performance due to improved wind conditions, with onshore and offshore wind utilization hours increasing by 152 and 421 hours year-on-year, respectively [1][6][13]. - For 2024, the company is projected to achieve revenue of RMB 14.56 billion, a slight decrease of 0.9% year-on-year, and a net profit attributable to shareholders of RMB 2.79 billion, an increase of 6.5% year-on-year [6][13]. - The first quarter of 2025 shows promising results with revenue of RMB 3.1 billion, up 0.3% year-on-year, and a net profit of RMB 750 million, up 42.8% year-on-year, driven by strong wind resources [6][13]. Financial Summary - The financial summary indicates that the company’s revenue is expected to grow from RMB 14.56 billion in 2024 to RMB 18.44 billion by 2027, reflecting a compound annual growth rate (CAGR) of 17.6% [4][7]. - Net profit attributable to shareholders is projected to increase from RMB 2.79 billion in 2024 to RMB 3.73 billion in 2027, with a CAGR of 13.1% [4][7]. - The earnings per share (EPS) is expected to rise from RMB 1.00 in 2024 to RMB 1.34 in 2027 [4][7]. Future Growth Potential - The company has a robust pipeline of future projects, including a combined heat and power (CHP) project with an expected internal rate of return (IRR) of 12.55% for Phase I and 17.73% for Phase II, projected to commence in 2026 and 2027, respectively [6][14]. - The offshore wind project in Changle J Zone is expected to be operational by early 2027, with an IRR of 5.03% [6][14]. - The company plans to initiate a mid-term dividend of no less than 10% in 2025, indicating a commitment to shareholder returns while pursuing growth [6][14].

下一步，南京海关将持续优化服务举措，紧跟企业需求，在政策支持、通关便利等方面不断发力，以更 贴心的服务、更高效的行动，助力更多"江苏制造"在非洲大陆绽放光彩，不断拓宽合作领域、持续拉长 合作清单，推动中非经贸合作迈向新高度。 近日，一艘满载"江苏产"针织布的货轮正在港口装船，这批重达15吨的纺织原料，即将漂洋过海到达肯 尼亚蒙巴萨港。中肯建交60多年来，双方贸易合作不断取得丰硕成果。作为开放大省，江苏与肯尼亚不 断深化经贸合作，产能协作的实践正在上演。据南京海关统计，今年一季度，江苏对肯尼亚进出口15.8 亿元，同比增长34.3%。 "今年3月，我们开通了从张家港至东南非快速周班航线，凭借这一航线，货物最快仅需20天就能抵达目 的地。与以往的航程时间相比，此航线缩短了10多天，效率提升幅度超过30%，为相关贸易往来带来了 更为高效便捷的物流新选择。"苏州港张家港物流中心件杂货部经理尹其鑫介绍，今年以来，已有8艘货 轮从张家港港务集团码头出发，将"江苏好物"带向非洲大陆。 一艘艘满载的货轮背后，是充盈的物流需求，距离码头不远的江苏国泰（002091）国贸实业有限公司， 也将目光转向了肯尼亚这片热土。这家以服装贸 ...