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.
《大行報告》花旗微降申洲(02313.HK)目標價至200元 評級「買入」
花旗發表報告,將申洲國際(02313.HK)2021年至2023年的每股盈利預測下調4%至6%,原因是今年上半年人民幣兌美元匯率高於預期、2020年稅率從2019年的11%降至7.8%、以及政府補貼低於預期。該行微降申洲目標價由202港元下調至200港元,相當於動態市盈率1.6倍,維持「買入」評級。

該行估計申洲今年上半年純利25.4億人民幣按年升1.1%、料收入110.52億人民幣按年升8%。

花旗認爲,申洲今年上半年所面對的所有負面因素,包括人民幣匯率走強、發貨中斷和低於預期的政府補貼,將可在下半年消退,而該行預計申洲於今年下半年盈利將可增長45%至37.6億元人民幣(下同),或扣除外匯前核心盈利增長14%至36億元。

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