研報掘金|中金:維持李寧“跑贏行業”評級 股東增持助經營與管理穩健推進
中金髮表報告指,李寧股東非凡領越近期公告,於1月10日至6月19日增持李寧合計1,809萬股,總代價2.75億港元,均價15.2港元。該行相信控股股東的增持將有助於李寧的經營與管理穩健推進。該行維持對其“跑贏行業”評級和目標價20.82港元。
報告指,李寧一方面堅持對各級別籃球聯賽的贊助力度同時積極保持新款新科技的推出維持品牌調性,另一方面控制訂單規模維持庫存健康度。公司簽約球員在2025年NBA選秀大會中以第16順位被選中,成爲中國第三位NBA首輪秀。該行認爲,中長期看由於較大的基數籃球仍是重要的體育運動之一,作爲在這一運動上的領軍品牌,簽約的中國球員重返NBA將會有利於李寧品牌在籃球業務上保持競爭力,提振品牌聲量。
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