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《大行报告》高盛下调平安好医生(01833.HK)目标价至120.37元 评级「买入」
阿思达克 02-04 10:43
高盛发表研究报告指,平安好医生(01833.HK)去年度收入胜预期,毛利亦合符预期,期内毛利率的由2019年的23.1%提升至27.2%,相信是由於每月付费用户比例提升,按年增长34.1%,以及疫情推动消费者医疗保健业务所致。

该行表示,平安好医生於中期业务提出战略升级计划,包括扩大企业客户和互联网医院的渠道、服务范围及增强医生资源,预计战略升级将在未来两年内会产生更高的营销及行政支出,因此将预测收支平衡时间推迟到2025年。

高盛并2021至2022年收入预测分别下调7.7%及15.4%,以反映在线医疗服务领域的更多竞争,计及汇兑损失及战略投资,将2021至2022年盈利预测下调至亏损12亿元及8.09亿元人民币,维持「买入」评级,目标价下调7.4%至120.37元。

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