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.
港股異動 | 湊湊打開第二增長曲線,呷哺呷哺漲超13%逼近歷史高位
uSMART盈立智投 12-02 14:45

uSMART盈立智投12月2日消息,週三港股,汽車股熄火,火鍋股行情紅紅火火,呷哺呷哺午後漲超13%,截至14:43分,最高觸及17.7港元,逼近歷史高位(17.793港元)。

高盛發佈報告,考慮到湊湊發展勢頭和呷哺更好的利潤前景,該行將呷哺呷哺2020-22年淨收入預測上調6-24%。高盛表示,雖然正在等待着呷哺品牌轉型的執行結果,但該行對湊湊的發展勢頭持樂觀態度。維持呷哺呷哺“買入”評級將其目標價由13港元提升至19港元

此前東北證券亦發佈研報稱,湊湊進入快速開店期,是公司業績增長的主要動力。湊湊定位中高端火鍋,首創“火鍋+茶憩”模式,主打產品、環境和茶飲,採用輕服務模式。湊湊屬於網紅門店,沒有區域限制,在上海/廣州/深圳/太原/香港等地經營情況表現出色。湊湊單店模型優於呷哺,成熟門店單店營收約2000萬,經營利潤率近20%。預計湊湊開店空間爲958家,2020-2022年新開門店分別爲50/70/70家;隨着成熟門店佔比提升,湊湊整體單店營收和經營利潤率均有較大提升空間,預計2019-2022年收入CAGR爲65%。

東北證券稱,中短期看呷哺改善/穩定開店和湊湊快速開店,長期看調味品快速增長。公司已經形成了呷哺/湊湊/調味品/呷煮呷燙四大品牌體系,未來將會接力式發展。預計公司2020-2022年歸母淨利潤分別爲0.02/6.7/7.9億元。採用分部估值法,給予呷哺/湊湊2021年25/40倍估值,對應股價爲22.18港元,維持"買入"評級

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