《大行報告》瑞信上調海天國際(01882.HK)目標價至37.46元 評級「跑贏大市」
瑞信發表研究報告指,海天國際(01882.HK)去年純利為23.9億元人民幣,受惠強勁的收入、毛利和利潤改善支持。
該行指,公司持續提升經營效率,以降低銷售及行政開支,達至更好庫存和應收賬天數,商品價格提升亦未見明顯損害毛利。
該行又指,公司增長動力將於今年持續,產能擴張令公司可以捉緊下游需求。每股派特別息0.75元亦顯示管理層信心,升2021至22年每股盈利預測分別9.5%及11.3%,評級維持「跑贏大市」,目標價由34.21元升至37.46元。
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