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》建銀國際降中國飛鶴(06186.HK)目標價至3.6元 去年下半年業績令人失望
建銀國際發表報告指出,中國飛鶴(06186.HK)發盈警預期去年收入介乎193億至199億元人民幣,意味按年跌6.7%至9.5%,較該行及市場預測低8%至11%;料純利按年跌30.6%至36.7%,至介乎31億至34億元人民幣,較該行及市場預測各低出約兩至三成。 該行認為,中國飛鶴去年下半年業績令人失望,主要由於內地出生率下降,嬰兒配方奶粉(IMF)銷售差過預期;銷售及行政費用高於預期;其上游子企原生態牧業(01431.HK)預期虧損拖累。這意味著飛鶴去年下半年純利按年跌35.4%至46.6%,至介乎14億至17億元人民幣。 此外,該行料在龍年效應下,內地今年出生率將溫和改善,並預期飛鶴嬰兒配方奶粉業務銷售將轉正。該行對公司今明兩年盈利預測下調26%及18%,對行業前景展望保守,目標價由4.4元下調至3.6元,維持「中性」評級,認為公司短期缺乏催化劑。
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