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《大行》美銀證券:泡泡瑪特(09992.HK)中期業績勝預期 目標價一舉調升至370元
阿思達克 07-16 09:59
美銀證券發表研究報告指,泡泡瑪特(09992.HK)預測上半年收入及溢利分別按年增長不少於200%及不少於350%,意味中期收入及經調整淨利潤將達約137億元人民幣及45億元人民幣,較市場預期高出約30%,相信將強化投資者對全年表現的信心。相應地,美銀將泡泡瑪特今明兩年非國際財務報告準則(non-IFRS)淨利潤預測上調47%及44%,目標價由275港元大幅調升至370港元,認為風險回報水平吸引。 美銀指出,泡泡瑪特持續加強全球化佈局、IP矩陣擴張及改善盈利能力,將繼續為業務增長提供動能,維持「買入」評級,並列為首選股,相信海外市場拓展是盈利增長的主要驅動力,上半年經調整淨利潤率預料達到33%,對比2024年上半年為20%。
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