《大行報告》富瑞下調京東-SW(09618.HK)目標價至358元 評級「買入」
富瑞發表報告指,京東-SW(09618.HK)去年第四季收入符合預期,集團層面非通用會計準則(Non-GAAP)淨利潤率達2.6%,勝該行及市場預期的1.9%;該行表示,考慮到不同活動的營銷開支正重新分配,旗下京東零售今年Non-GAAP營運利潤率料按年維持穩定。
該行預料,今年首季集團總收入按年微跌約1%至2,380億元人民幣,其中京東零售收入則按年跌約5%,並預料3月份表現較首兩月轉好。該行料全年計集團整體淨利潤按年改善,主要是京東物流及新業務基本面改善。
該行表示,將其目標價由402元下調至358元,維持其評級為「買入」。
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.