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《大行報告》高盛降申洲(02313.HK)目標價至175元 評級「買入」
阿思達克 01-04 10:51
高盛發表研究報告指申洲國際(02313.HK)就寧波部分生產點暫時關停作出公告及召開分析員會議,關停產能佔服裝產能40%。現時就關停時間為時多久以至影響生產程度的可見度仍低,不過留意到公司及地方政府快速及穩固的回應。 該行下調申洲2021至2023年盈測介乎5%至18%,以反映下以幾項因素:越南生產線逐步加快生產;柬埔寨擴大生產的成本;人民幣兌美元升值帶來的外匯虧損;去年末季部分產品延遲付運;以及今年1月寧波部分生產點暫時關停。該行料其2021及2022年銷量按年分別升7%及20%。維持「買入」評級,目標價降至175元。
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