You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
富瑞:首次覆蓋中國ERP提供商 看好金蝶(0268.HK)等股
格隆匯 08-06 13:07

富瑞發表報告指,由於信息化、競爭及勞動力成本不斷上升,將推動各種規模的企業採用中國企業資源管理計劃(ERP)系統,該行首次覆蓋中國ERP提供商,並首予暢捷通(1588.HK)和用友網絡買入評級,目標價分別為17.82港元和58.33元人民幣,同時將金蝶國際(0268.HK)目標價上調至30.27港元。

富瑞稱,目前中國的ERP市場大概只有300億元人民幣,佔GDP的比例遠低於德國及美國等國家,預料未來使用率會全面提高。目前本土ERP產品主要是中小企業使用,大型企業主要用SAP和oracle,但隨着金蝶和用友已積累足夠的經驗和技術,相信可為大型企業開發基於SaaS的平台,從現有市場中爭奪佔有率。該行假設,中國ERP市場未來10年規模增長4倍,金蝶到2030年預期銷售量所對應的市佔率將可從目前的11%,上升到16.5%,而用友網絡的市佔率則料從目前的24%升至42%。

該行又指,在一眾ERP企業中,最為青睞的是金蝶國際,原因是公司在向SaaS及Paas系統遷移中具備先發優勢且利潤率或更高,其次是暢捷通和用友網絡。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account