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.
《大行報告》美銀證券下調小米-W(01810.HK)目標價至9.1元 評級「跑輸大市」
阿思達克 08-02 09:43
美銀證券發表報告,將小米-W(01810.HK)次季經調整純利預測下調28%至19億元人民幣,意味按季跌33%,按年跌70%,以反映次季智能手機出貨量放緩、銷售均價或利潤在促銷期間承壓、庫存清理,以及電動車營運支出不斷上升。該行料集團銷售錄696億元人民幣,意味按季跌5%,按年跌21%,同時實際營運利潤率或進一步按季跌至2.5%,意味按季跌1.2個百分點,按年跌3.5個百分點。 該行表示,集團目前仍清理渠道庫存,尤其在海外市場,意味其銷售均價或利潤率的壓力會持續至下半年;另外,通脹高企及內地宏觀市場環境疲軟,以致今年下半年至明年的需求能見度不確定性持續,該行料這會阻礙集團在互聯網銷售或毛利率的恢復,而電動車的營運支出負擔應該會進一步影響純利或估值。 該行表示,將集團在2022至2024年調整後盈利預測下調7%至15%,以反映前景展望疲軟,並將其目標價由9.2元下調至9.1元,重申其評級為「跑輸大市」。
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