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《大行》建銀國際升泡泡瑪特(09992.HK)目標價至288元 重申為行業首選
阿思達克 06-11 10:45
建銀國際研究報告指,泡泡瑪特(09992.HK)將於美國推出Labubu新盲盒「THE MONSTERS WACKY MART怪味便利店」系列,該行認為將成為收藏品界的熱潮,並為公司未來幾個季度的發展帶來動力。該盲盒系列包括各種食品和飲料的公仔,如炸蝦、薯片、沙律及杯麵等,該行料具有高度延續性,認為可延長Labubu IP的周期。 該行提及,泡泡瑪特為應付需求,將每月產能由20萬件快速提升至500萬件,並目標於6個月內增至1,000萬件。同時,公司於全球門店擴張進度符合預期。強大的產品線、產能增長順暢及按計劃推進的門店擴張,彰顯公司強勁的執行能力。該行有信心泡泡瑪特今財年收入增長可達72%,盈利增長可達90%;將目標價由256元升至288元,維持「跑贏大市」評級,並重申泡泡瑪特為其行業首選。
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