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《大行報告》匯豐研究上調中移動(00941.HK)目標價至72元 評級「買入」
阿思達克 04-25 14:02
匯豐研究發表研究報告指,中移動(00941.HK)首季服務收入按年增9.1%,由於供應改善及5G手機需求帶動,產品銷售表現亦強勁,增幅達到62%。 期內5G套餐客戶數增長至4.67億戶,5G網絡客戶數達到2.33億戶,移動業務首季淨增975萬戶,首季寬帶業務平均每月每戶收入(ARPU)增長1.8%。該行指出,第一季業績反映出移動及寬帶市場日益穩定,預期隨著5G普及與客戶選用更高速的寬帶計劃,加上監管壓力得以緩解,通信服務可能會繼續保持穩定的低單位數增幅。 至於企業服務,期內收入按年增長51%。匯豐研究認為,業務反映出數字化需求持續,認為中移動於該業務的投資仍然今年增長主要動力。 基於首季業績,匯豐研究輕微調整2022至2024年利潤預測,將今明兩年每股盈利預測上調0.3%及0.2%,並將2024年預測下調0.2%,目標價由71元上調至72元,維持「買入」評級。
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