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《大行報告》瑞信料國壽(02628.HK)去年新業務價值跌19% 稅後淨利潤減少33%
阿思達克 02-14 10:03
瑞信發表報告,預期中國人壽(02628.HK)去年的新業務價值將下跌19%,由於集團提升「開門紅」銷售活動,該行認為其去年第四季新業務價值跌幅擴大不會令人意外。全年計,因國壽有相對穩定的代理人力,及更具彈性的毛利趨勢,其表現估計仍會優於其他內地上市同業的下跌超過20%。 該行預期,國壽去年稅後淨利潤下跌33%,意味去年第四季為按年增長23%,季度轉盈主要是受到A股市場情緒改善,及儲備費用壓力減輕推動。 瑞信維持對國壽H股「跑贏大市」評級及目標價17元,並下調去年每股盈利預測3%,明年則升1%。
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