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《大行报告》高盛上调中移动(00941.HK)目标价至54.3元 维持「中性」评级
阿思达克 04-21 14:31
高盛发表的研究报告指,中国移动(00941.HK)公布首季未经审核财务数据,期内收入1,984亿元人民币,按年增长9.4%,其中服务收入1,777亿元人民币,按年升5.2%,EBITDA 721亿元人民币,按年升5.3%,净利则按年升2.6%至241亿元人民币。

高盛指出首季公司服务收入、EBITDA及净利,分别相当於该行2021年全年预测的24.7%、25%及22.2%,考虑到首季业绩及2020年年报的资讯,微升公司2021-23年收入、净利预测1%及1.1%,目标价由54元升至54.3元,维持「中性」评级。

该行指出首季公司服务收入增长维持上行势头,按年增5.2%,主要受惠DICT业务表现强劲。按业务划分,期内流动服务收入1,338亿元人民币,按年增0.3%,ARPU 47.4元人民币按年升1.1%,整体流动用户净流失230万户,而5G套餐用户则增加2,400万户。同时公司公布5G网络用户为9,276万户,意味渗透率约一成。2021财年公司目标维持整体流动用户数量稳定,而5G网络用户则期望净增2亿户,冀ARPU稳中有升。(el/u) ~

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