《大行报告》花旗下调微盟(02013.HK)目标价至36元 评级「买入」
花旗发表的研究报告指,微盟集团(02013.HK)去年收入差过市场预期,不过经调整溢利则大致符预期,留意到订阅收入大致符预期,不过针对性营销方面的收入则逊预期。展望2021年,公司计划进一步渗透线下商户,并推出PaaS生态系统及改善商户解决方案。该行将其2021-23年净利润率预测由6%、10%及13%,调整至8%、12%及15%,目标价由38元降至36元,评级「买入」,认为公司在线下数码化稳步推进,加上在商户解决方案方面有不错的潜力。
该行指去年公司智能零售收入按年升225%至1.45亿元人民币(下同),商户数目由2019年的1,100户升至3,600户,在智能餐厅方面去年增长受疫情拖累,不过ARPU增长理想,公司计划推整合解决方案,相信今年增长有望加快。(el/u) ~
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