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.
研報掘金丨長江證券:維持伊利股份“買入”評級,24年行業仍處於弱復甦階段

長江證券研報指出,伊利股份(600887)24Q1在成本下行的背景下,費用投放保持克制,毛銷差同比提升0.6pct,延續了2023年改善的趨勢。此外,公司處置礦業子公司獲得的投資收益也顯著增厚了Q1的淨利潤。在奶價持續下行的背景下,映襯着乳品需求的復甦一波三折,2024年行業仍處於弱復甦階段。公司在2024年制定了較為穩健的增長目標(營業總收入1300億元,利潤總額147億元),隨着資本開支進入良性穩態的通道,2023 年度分紅率提升至73.25%,較過往分紅率更進一步,公司也披露了新一期的回購方案(金額10~20億元,約佔總股本的0.38~0.75%),增強市場信心,改善股東回報。維持“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