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》大和上調汽車之家(02518.HK)目標價至91元 評級「買入」
大和發表研究報告指,汽車之家(02518.HK)去年第四季度業績令人驚喜,媒體服務收入及非公認會計準則淨利潤率高於預期,認為今年下半年收入有潛在提升空間,可能會引發重新評級;而短期催化劑包括政策支持及未來幾個月將舉行的北京及上海車展。 由於農曆新年是傳統淡季,加上購置稅減免期結束令需求提前,該行預計今年首季媒體服務收入將見底,僅按年增長5%。管理層透露中國政府有機會於3月推出汽車行業相關優惠政策提振需求,預計2023年公司毛利率將保持在約81%水平,市場份額亦將保持穩定。 大和預計汽車之家今年首季非通用會計準則淨利潤率增長0.4個百分點至30%,全年料增長0.5個百分點至31.8%,將今明兩年每股盈利預測上調3%至4%,重申「買入」評級,目標價從87元上調至91元。 大和又指,對汽車之家今明兩年的新能源汽車領域發展看法變得更為樂觀,不認同有部分投資者對新能源汽車企業採用直銷模式感到的擔憂。
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