《大行報告》富瑞下調百威亞太(01876.HK)目標價至30元 評級「買入」
富瑞發表研究報告指,百威亞太(01876.HK)將於8月初公布2023年度次季業績,預測按固定匯率計,第二季EBITDA及銷售額將增長8.6%及11.4%。
該行指出,中國市場仍然是百威亞太銷售和盈利能力的主要增長動力,有助抵銷南韓因基數效應和促銷所帶來的慘淡銷情影響,預測百威亞太第二季度標準化EBITDA將達到5.86億美元,即按年增長3.1%,而銷售額則估計增長7.7%至19.3億美元,兩者都已計及匯兌因素。
而按地區劃分,富瑞預期亞太西部EBITDA及銷售額將按固定匯率按年增長15.8%,EBITDA利潤率按年持平,達到約31.6%。而亞太東部按固定匯率計,EBITDA料下跌23.6%,銷售額則估計跌7.1%。
富瑞相應將公司2023至2025財年EBITDA預測下調8%、4%及5%,預期每年銷售額都會下跌2.6%,目標價從31元降至30元,維持「買入」評級。
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.