郭家耀:港股乏方向 小米(01810.HK)電動車業務成季績亮點
港灣家族辦公室業務發展總監郭家耀稱,美股週四(21日)表現向下,企業業績表現疲弱,加上就業數據不振,拖累大市早段下滑,尾市跌幅稍為收窄,三大指數均錄得跌幅收市。美元走勢向好,美國十年期債息回升至4.32厘水平,金價反覆靠穩,油價表現亦向上。港股預託證券普遍造好,預料大市早段溫和高開。
內地股市昨日上升,滬綜指高開低走,收市上升0.1%,滬深兩市成交額連續多日超過兩萬億元人民幣(下同)水平。
港股近日缺乏方向,指數於25,000點水平窄幅上落,整體成交易亦較前減少。業績消息未有帶來太大刺激,市場繼續觀望息口去向,預料指數維持於25,000至25,800點水平徘徊。
另小米集團-W(01810.HK)公佈第二季度業績,根據非國際財務報告準則,經調整淨利潤108.31億元,增長75.4%,創歷史新高。期內,股東應佔溢利119.04億元,增長1.34倍。收入1,159.56億元,上升30.5%,創歷史新高。其中,手機×AIoT分部收入946.93億元,增長14.7%;智能電動汽車及AI等創新業務分部收入212.63億元,急升2.34倍。
第二季智能手機業務收入455億元,按年下跌2%;毛利率為11.5%,下跌0.6個百分點,主要由於境外市場競爭加劇及毛利率較低的產品收入佔比增加所致;出貨量4,240萬台,按年增長0.6%。IoT與生活消費產品業務收入387億元,增長44.7%,毛利率為22.5%,提升2.8個百分點。互聯網服務業務收入91億元,按年增長10.1%,毛利率為75.4%。
智能電動汽車及AI等創新業務分部方面,第二季收入213億元,急升2.34倍。其中,智能電動汽車收入206億元,增長2.3倍,主要是由於汽車交付量及ASP均有所增加所致。毛利率為26.4%,增加11個百分點;經營虧損為3億元。
第二季度,小米共交付81,302輛新車,再創歷史新高,主要由於產能成功提升所致。智能電動汽車業務成為今季業績亮點,平均售價按季增長6.4%至25.4萬元人民幣,主要得益於SU7 Ultra和YU7高端車型的貢獻。YU7車型獲得理想訂單,電動車交付量下半年快速增長,有望帶動小米的利潤率和盈利進一步提升。
(筆者為證監會持牌人,本人及相關人士沒持有上述股份)~
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