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》瑞信下調海螺水泥(00914.HK)目標價至29.1元 評級「跑贏大市」
瑞信發表報告指,海螺水泥(00914.HK)首季淨利潤按年跌48.2%至26億元人民幣,符合市場預期,並預料盈利下跌,主要是水泥價格走低所致;首季毛利率按年跌15個百分點至15.7%。 該行指,公司毛利率較同業更具韌性,保持市場領先地位;並預料在短期內,陰雨天氣或令水泥價格帶來下行壓力,然而由於非高峯生產日數較預期長,預計長遠價格下行空間有限。該行預計集團首季每噸水泥毛利介乎70-75元人民幣,料首季銷量按年升3-5%至6,000萬噸。 展望未來,該行預計,水泥製造商將積極開展有紀律的生產,以維持健康的供需水平。該行將公司今年及明年盈利預測分別下調26.5%及19.2%,反映預期利潤率下跌,目標價相應由31元下調至29.1元,維持評級「跑贏大市」。(ca/k) ~
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