GF Securities: Maintains "Buy" rating on Guangdong Investment (00270.HK), fair value HK$11.24, expected dividend yield of 6.2% in 2026

Zhito Finance APP has learned that GF Securities issued a research report stating it maintains a "Buy" rating on Guangdong Investment (00270.HK), and with reference to peer companies, assigns a 2026 price-to-earnings ratio (PE) of 15x, corresponding to a fair value of HK$11.24 per share. The bank expects the company's net profit attributable to shareholders for 2026 to 2028 to be HK$4.90 billion, HK$5.01 billion, and HK$5.14 billion, respectively. In the first three quarters of 2026, the company's revenue from continuing operations was HK$15.711 billion, up 10.0% year on year; net profit attributable to shareholders was HK$4.362 billion, up 7.3% year on year, reflecting stable earnings growth. Based on a 65% dividend payout ratio and its 2026 earnings forecast, the bank estimates a dividend yield of 6.2%.