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》匯豐研究上調潤啤(00291.HK)目標價至61元 評級「買入」
阿思達克 08-25 11:11
匯豐研究發表研究報告指出,潤啤(00291.HK)中期業績大致符合預期,上半年收入按年增長13.6%至239億元人民幣(撇除白酒業務增長9%),低過該行預期約1個百分點;經常性淨利潤按年升24.1%至47億元人民幣(撇除白酒業務增長25.3%),符合預期。啤酒收入按年升9%,銷量及均價按年各增長4.4%。 展望2023至2025年,基於潤啤白酒業務的整合,該行將公司期內收入預測上調4.8%至9.3%。隨著啤酒原材料成本壓力緩解,上調公司的毛利率預測2.1至3.1個百分點。另對公司盈利預測上調5.4%至9%,淨利潤率預測大致不變。 該行指出,潤啤股價由今年第一季底以來累跌28%,跑輸同期跌14%的恆指,認為宏觀經濟疲弱導致市場情緒疲軟,潤啤股價調整過度,該行仍看好公司結構性增長的機會。此外,該行認為公司估值吸引,目標價由60元上調至61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.
uSMART
Wealth Growth Made Easy
Open Account