《大行報告》瑞信上調海天國際(01882.HK)目標價至43.35元 評級「跑贏大市」
瑞信發表報告指,鑑於海天國際(01882.HK)中期業績好於預期,目標價由36.56元上調至43.35元,維持「跑贏大市」評級,並將2021年至2023年的每股盈利預期提高16%至19%。
瑞信指,海天國際上半年淨利潤15.8億元人民幣(下同),按年增長54%。期內收入增長64%,達到82.3億元,好過該行及市場預期。至於毛利率和淨收益率分別下降1.3和1.2個百分點至32.3%和19.3%,因材料成本上升和價格調整延遲。銷售方面,內地銷售增長快於海外,該行預計汽車需求將支持下半年Zhafir和Jupiter系列的高增長。
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