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《大行報告》野村:阿里巴巴(09988.HK)上財季核心毛利率略遜預期
阿思達克 02-03 10:01
野村發表報告表示,阿里巴巴(09988.HK)昨公布截至去年年底止第三財季業績,期內收入錄2,210億人民幣按年升37%,高於該行及市場同業原預期各4%及3%,主要是核心電商業務收入(按年升38%,高該行原預期5%)所推動。

該行指阿里上財季核心毛利率略遜預期,其上財季經調整EBITA利潤率錄28%,按年跌4個百分點,較該行原預期低1個百分點,略遜預期。該行表示,阿里管理層認為公司較同行更有優勢,可以利用其優勢拓展中國雜貨市場,指公司具供應鍊和龐大的客戶群以及完善的物流網絡。

野村表示,阿里巴巴(BABA.US)美股「買入」評級及目標價338美元。

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