《大行報告》中金上調海信家電(00921.HK)目標價至26.8元 評級「跑贏行業」
海信家電(00921.HK)發盈喜,預計9月止九個月歸屬股東淨利潤介乎23.57億至24.66億人民幣,按年增長120%至131%。
中金發表報告指,據產業在線數據,今年和上半年和7至8月,海信空調出貨量分別按年量長39%和60%,明顯跑贏龍頭和行業,市佔率分別按年增1.1和1.6個百分點至5%;海信冰箱線上、線下零售額市佔率按年亦有不同程度的提升。海信冰洗空盈利水平自去年下半年以來明顯改善。該行估計第三季冰洗家空的營業利潤率按年繼續提升,家空業務或扭虧為盈。
中金指,海信家電白電業務盈利持續改善,海外業務明顯好轉,分別上調今明兩年盈利預測16%至 28.77億元和31.65億元人民幣。維持A股和H股「跑贏行業」評級,考慮近期板塊估值整體偏弱,僅小幅上調A股和H股目標價各3%及7%,各至31.8元人民幣和26.8港元。
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