《大行报告》高盛升小米(01810.HK)目标价至33元 首季纯利增长快於预期
高盛发表报告指,小米集团(01810.HK)今年首季净利润按年升164%快过预期,并优於该行及市场原预期各29%及35%,公司首季收入按年升55%至769亿元人民币(下同)亦快过预期,期内先利率18.4%,较去年第四季扩阔2个百分点,主要受惠智能手机利润改善及高端化等。
该行表示,维持对小米集团收入预测大致不变,但就将小米2021至2023年按非国际财务报告准则经调整净利润净利润预测各上调15%、8%及4%,以反映智能手机高端化带动毛利率上升,同时高毛利的互联网服务收入贡献亦有所增加,不过相关因素部分被新能源车研发投资所抵销。
高盛称,上调对小米目标价由30元升至33元,意味有17%的上行空间,维持「买入」评级。(el/w) ~
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