《大行报告》花旗:金蝶(00268.HK)盈警因素已大致反映 重申「买入」评级
就金蝶国际(00268.HK)发盈警,料去年盈转亏蚀2.5亿至3.5亿元人民币、料去年底总收入按年增长0%至3%,花旗发表报告表示,相信是金蝶国际旗下云业务收入略为放缓,但该行认为公司相关利淡因素已反映在股价之上,该行料公司软件即服务(SaaS)(Software act as Service)云业务行业整合中可成赢家,重申对其「买入」评级及目标价35元。
该行指,最近与金蝶国际举行了一次投资者电话会议,金蝶管理层将云收入略微疲软的部分原因归於公司注册更多的中至大型客户,这可能会比较拖慢了云业务收入。关於金蝶云苍穹(云端动态领域建模系统),管理层指专注於增加模块改进功能,并且已迁移了金蝶云星空及/金蝶精斗云。随着客户使用量的增加,料金蝶云星空可能会保持约30%的按年增速。(wl/k)
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