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》花旗:金沙中國(01928.HK)季績略優預期 營運支出憂慮已過度
花旗發表報告指,金沙中國(01928.HK)第三季度業績略好過預期,反映該行早前對營運開支管理憂慮已過度,經贏率調整EBITDA利潤率約35%,高於該行預期的33.7%。收入持續復甦,且收入組合持續改善,因此管理層相信EBITDA利潤率最終會超出2019年水平(約36%)。 管理層亦指,非博彩娛樂活動帶來增值,對於澳門的前景繼續具有信心,正在加快發展倫敦人第二期項目,預期2025年農曆年完成,較之前估計的2026年為早。 該行維持金沙中國「買入」評級,目標價35元,現價相當於預測2024年企業價值倍數(EV/EBITDA)約8.2倍,低於歷史平均水平的12倍,估值不高。
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