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》瑞銀首予中國中免(01880.HK)「買入」評級 目標價222.2元
瑞銀發表研究報告指,首予中國中免(01880.HK)「買入」評級。該行預計,集團在未來3-5年於中國免稅市場將保持主導地位。海南免稅銷售的快速增長和利潤率的提升可能帶動其2022至24年淨利潤複合年增長率達45%,又認為市場仍然低估了公司盈利增長的可持續性,相信潛在的通關及免稅購物政策可能成為其盈利和股價的催化劑。該行予集團目標價222.2元。 該行預期,在免稅購物中心容量增加以及更多時尚和奢侈品牌引入的推動下,公司於2024年的海外門店銷售額將達到867億元人民幣,推動集團2022至24年的收入以44%複合年增長率增加,此外,公司盈利能力有望繼續提升,毛利率將從2021年的32.9%上升至2024年的37.7%,並預計其2024年純利將達到180億元人民幣。
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