You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行报告》花旗上调宇华教育(06169.HK)目标价至10元 评级「买入」
阿思达克 05-03 12:07
花旗发表的研究报告指,与宇华教育(06169.HK)管理层召开了投资者会议,维持「买入」评级,认为公司学校有稳健表现,加上聚焦於教育,而潜在并购亦有机会带来上行,将公司2021-23年核心盈利预测升7-8%,目标价由9.4元升至10元。

该行指出上半财年公司经调整溢利为6.91亿元人民币(下同),按年增长40%,期内收入升8%至14亿元,主要受惠大学收入升11%至10亿元,学生报读提升及成本管控等带动毛利率扩阔4.5个百分点至62.6%,期内销售及行政开支均有下跌,带动经调整净利润率改善11.4个百分点至50.6%。

花旗指出公司重点学校郑州工商学院已建立新校园,今年可容纳4万名学生,学费加幅亦有机会超越之前限制的1.8万元;湖南涉外经济学院已有3.4万名学生,其学费达2.4万元,但今年仍有机会上升;山东英才学院亦有3.4万名学生,料学费将自现时1.9万元水平提升。该行对公司核心学校维持增长势头感乐观,同时亦相信管理层正积极留意潜在并购,相信将针对内地有质素的本科学校,学生人数逾1万人。(el/a) ~

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.
uSMART
Wealth Growth Made Easy
Open Account