高盛:下調申洲國際(2313.HK)目標價至175港元 評級買入
高盛發表研究報吿,將申洲國際(2313.HK)目標價由189港元調低至175港元,維持“買入”評級。
高盛稱,申洲就寧波生產設施因疫情而要關閉發公吿及舉行分析員會議,暫時停產的產能佔集團成衣產能40%。對於工廠需要停工多久,以及對近期生產的影響程度,目前的能見度仍低,但看到地方政府及集團的迴應迅速。農曆新年期間有“在地慶祝”的規則及加班的因素,或可部分抵銷本身的損失,但有機會令成本上升。
該行下調對集團2021至2023年盈利預測5至18%,以反映越南生產逐步恢復、柬埔寨的擴產成本上升、人民幣兑美元升值或帶來更多外匯虧失、去年第四季有部分貨品延遲發貨,以及本月寧波的生產中斷。該行現時料集團2021及2022年銷量按年增7%及20%。

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.