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》花旗微降申洲(02313.HK)目标价至200元 评级「买入」
花旗发表报告,将申洲国际(02313.HK)2021年至2023年的每股盈利预测下调4%至6%,原因是今年上半年人民币兑美元汇率高於预期、2020年税率从2019年的11%降至7.8%、以及政府补贴低於预期。该行微降申洲目标价由202港元下调至200港元,相当於动态市盈率1.6倍,维持「买入」评级。

该行估计申洲今年上半年纯利25.4亿人民币按年升1.1%、料收入110.52亿人民币按年升8%。

花旗认为,申洲今年上半年所面对的所有负面因素,包括人民币汇率走强、发货中断和低於预期的政府补贴,将可在下半年消退,而该行预计申洲於今年下半年盈利将可增长45%至37.6亿元人民币(下同),或扣除外汇前核心盈利增长14%至36亿元。

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