You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
野村料阿里巴巴(BABA.US)第二財季整體收入增29%
阿思達克 10-13 15:04
野村發表研究報告,預期阿里巴巴(BABA.US)2021財年第二財季的整體收入按年增長29%至1,540億元人民幣,略低於市場預期的1,570億元人民幣。該行相信差別是在於非中國電商業務,因為該行對其中國電商收入的估計與市場預期一致,料按年增19%至680億元人民幣。

該行估計公司的盈利與市場預期一致,綜合EBITA按年升24%至398億元人民幣。核心業務的EBITA按年升21%至465億元人民幣,EBITA利潤率為35.7%,下降2.4個百分點。

該行認為公司很可能會維持其對三、四線城市電商市場的投資,這或會對其中國電商業務的盈利能力帶來一定的壓力,估計2021至2022財年的中國電商業務EBITA利潤率分別下跌2.4個百分點及2個百分點。

野村將阿里巴巴2021財年的每股盈利預測大致維持不變,並將其2022財年每股盈利預測上調1%。維持「買入」投資評級,目標價由原來的309美元上調至353美元。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account