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》大和下調中國海外(00688.HK)目標價至21.8元 毛利壓力持續
阿思達克 10-30 12:02
大和發表研報指,由於去年低基數,中國海外(00688.HK)今年第三季業績表現向好,收入按年增長61%,經營利潤增長96%,帶動首三季業績表現亦較中期改善,首三季收入及經營利潤分別跌3%及12%,較上半年按年各錄14%及20%跌幅各有收窄。 若撇除去年同期股權併購的收益,則中海外今年首三季經營利潤按年增長6%。但大和亦指出,今年首三季集團的經營利潤率為19.2%,較今年上半年的21.4%進一步下降,顯示出利潤率壓力仍持續存在。 該行認為,中國海外合約銷售表現可能會持續跑贏多數同業,雖然達成全年度銷售目標具挑戰性,但相信在內地當局推出多項樓市支持措施下,集團第四季銷售會按季大幅改善,全年表現料將持續跑贏行業。 大和將中海外2024至2025年度合約銷售額預測下調至各3,600億及3,800億元人民幣,並降今年至2025年每股盈測介乎1%至5%,目標價相應由22.6元降至21.8元,但重申「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