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申洲國際(02313.HK)發盈警股價挫逾12% 考驗100元大關
阿思達克 03-03 10:40
申洲國際(02313.HK)發盈警料去年稅後淨利潤按年跌31%至39%。申洲股價今早(3日)裂口低開15%,報104.5元後,曾失守100元,低見97.95元,為2020年8月中旬以來低位,現跌幅收窄至12.9%,重上100元關口,報107.1元,成交約880萬股,高於昨日及20天日均成交。 申洲指利潤減少主要由於去年上半年柬埔寨的生產基地部份時間暫停運營;去年下半年越南西寧省生產基地及越南胡志明市生產基地部份時間暫停營運;由於集團銷售主要以美元結算,人民幣兌美元匯率升值造成負面影響;及2021年下半年各項生產成本都有較明顯的升幅,銷售定價的傳遞有滯後,尤其是受疫情影響而延期的訂單之售價無法調整,對去年下半年業績有負面影響。 高盛指申洲去年稅後純利較該行預期的42億元低18%至27%。另將其2022至2023財年的純利預測下調8%至10%,以反映更保守的利潤率預測,對其去年毛利率預測為24.6%,今年料改善至28%,但仍低過2020年的31.2%水平。將其目標價由175港元下調至160港元,維持「買入」評級。富瑞亦指申洲去年稅後淨利潤低於該行預期,將其目標價由190元下調至157港元,評級「買入」。
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