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《大行報告》高盛首予時代天使(06699.HK)「中性」評級 目標價408元
阿思達克 07-19 13:04
高盛發表研究報告,首予時代天使(06699.HK)「中性」評級,目標價408元。報告稱,公司是內地新興矯正牙科行業龍頭,去年市佔達41%。該行料公司維持本地領軍地位,主因研發投入下產品具質素;具綜合產品組合應對內地矯齒科不同需求;具獨特支援平臺賦能旗下牙科醫生;以及品牌知名度改善。公司現估值相當於明年預測市盈率132.6倍,料其內地矯正牙科業務已被全面反映,該行將觀察其中國內地之外策略及向其他牙科服務的擴張。

報告料公司2020至2024年收入及經常性純利年均複合增長達36%及37%,料2021至2023年各年撇除特別項目前純利料分別錄3億元人民幣(下同)、4.35億元及5.68億元。

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