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.
港股异动 | 湊湊打开第二增长曲线,呷哺呷哺涨超13%逼近历史高位
uSMART盈立智投 12-02 14:45

uSMART盈立智投12月2日消息,周三港股,汽车股熄火,火锅股行情红红火火,呷哺呷哺午后涨超13%,截至14:43分,最高触及17.7港元,逼近历史高位(17.793港元)。

高盛发布报告,考虑到凑凑发展势头和呷哺更好的利润前景,该行将呷哺呷哺2020-22年净收入预测上调6-24%。高盛表示,虽然正在等待着呷哺品牌转型的执行结果,但该行对凑凑的发展势头持乐观态度。维持呷哺呷哺“买入”评级将其目标价由13港元提升至19港元

此前东北证券亦发布研报称,湊湊进入快速开店期,是公司业绩增长的主要动力。湊湊定位中高端火锅,首创“火锅+茶憩”模式,主打产品、环境和茶饮,采用轻服务模式。湊湊属于网红门店,没有区域限制,在上海/广州/深圳/太原/香港等地经营情况表现出色。湊湊单店模型优于呷哺,成熟门店单店营收约2000万,经营利润率近20%。预计湊湊开店空间为958家,2020-2022年新开门店分别为50/70/70家;随着成熟门店占比提升,湊湊整体单店营收和经营利润率均有较大提升空间,预计2019-2022年收入CAGR为65%。

东北证券称,中短期看呷哺改善/稳定开店和湊湊快速开店,长期看调味品快速增长。公司已经形成了呷哺/湊湊/调味品/呷煮呷烫四大品牌体系,未来将会接力式发展。预计公司2020-2022年归母净利润分别为0.02/6.7/7.9亿元。采用分部估值法,给予呷哺/湊湊2021年25/40倍估值,对应股价为22.18港元,维持"买入"评级

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