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花旗:维持平安好医生(1833.HK)买入评级,目标价150港元
格隆汇 08-25 15:17
格隆汇8月25日丨平安好医生(1833.HK)公布业绩后,花旗发研报维持平安好医生(1833.HK)买入评级,目标价150港元。花旗报告指出,平安好医生1H20收入为27.47亿元(同比增21%),净亏损2.14亿元(去年1H19为净亏损2.73亿元)。毛利率从1H19的21.6%改善至29.9%,由于产品结构的改善,而运营费用比率从1H19的40.5%升至42.3%。由于会员产品和处方药销售强劲增长,在线医疗服务的1H20收入为6.95亿元(同比增107%)。于1H20,注册用户达到3.46亿(去年同期为3.15亿)。月活跃用户数(MAU)和月付费用户数(MPU)分别达到6700万和300万(分别同比增长7%和32%),付费用户的平均转化率为5.1%(去年同期为3.7%)。内部医疗人员在1H20进一步增加到1836人。
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