《大行》匯豐研究料海底撈(06862.HK)中績或遜預期 目標價降至14.5元
匯豐研究發表研究報告,考慮到內地消費環境疲弱導致翻檯率下降,預期海底撈(06862.HK)上半年業績可能遜預期,目前預測上半年收入將錄得中單位數按年跌幅,餐廳經營利潤率料收窄1個百分點至16.1%,淨利潤預料按年跌7.6%至18.82億元人民幣。
匯豐研究將海底撈今年全年收入增長預測由2%下調至持平,淨利潤預測下調7.6%至41.27億元人民幣,意味按年下跌12.3%,較市場普遍預期低17.6%。由於內地消費市況維持疲弱,匯豐研究亦將海底撈2025至2027年餐廳經營利潤率預測從各18.8%,下調至介乎17%至17.5%,目標價由15.7元降至14.5元,維持「持有」評級。
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