《大行報告》高盛:呷哺呷哺(00520.HK)主要增長動力湊湊餐飲總裁辭任 令人關注擴張步伐
有報道指呷哺呷哺(00520.HK)旗下湊湊餐飲首席執行官張振緯離任,高盛發布報告表示,近年來湊湊餐飲為呷哺呷哺主要的增長動力,湊湊餐飲自新冠疫情受控後錄健康復蘇,在今年3月達到了疫情之前的水平,而湊湊餐飲佔呷哺呷哺去年總體收入約31%,市場亦預期湊湊餐飲於未來數年保持強勁的擴張空間(管理層原先指導至2021年將開設70家新店)。
該行認為,湊湊餐飲的強勁增長動力源於其現有的供應鏈以及其在集團長期經驗,並注意到即將離任的首席執行官張振緯過往具強大執行力。該行將密切關注近期的執行情況,尤其是在門店擴張方面。該行下調對呷哺呷哺目標價由21元降至18元,維持對其「買入」評級。
按呷哺呷哺3月底披露今年首季僅開新店3間,對比今年全年原定開70家新店目標,高盛決定下調對湊湊火鍋於2021年門店擴張計劃由新增80間新店下修至60間,降湊湊火鍋於2022年門店擴張計劃由新增76間新店下修至65間,降湊湊火鍋於2023年門店擴張計劃由新增81間新店下修至65間,料湊湊火鍋於2021年至2023年收入及餐廳盈利複合增長率均為27%。(wl/)
~
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.