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《大行報告》中金降美團(03690.HK)目標價至141元 收入受宏觀消費環境影響
阿思達克 11-29 14:20
中金發表報告指,美團(03690.HK)第三季度收入按年增長22%至765億元人民幣,基本符合市場預期;經調整淨利潤57.3億元人民幣,較市場預期高出8.3%,經調整淨利潤率7.5%,主要受益於運力供應充足,帶動單位經濟效益提高。 報告指,第三季外賣收入按年增長19%,外賣單量增長20%,主要因為通過會員計劃提升用戶黏性、提升交易頻次,預計第四季天氣相對較暖、線下消費偏好持續,去年同期疫情下平均單價較高帶來高基數影響,外賣單量及收入按年增速分別為24%和18%。 該行考慮收入端受宏觀消費環境影響,將今明兩年經調整淨利潤預測下調3%,分別至223億及340億元人民幣,維持「跑贏行業」評級,目標價下調23.4%至141元。
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