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》高盛:百威亞太(01876.HK)去年收入優預期 但中國業務EBITDA利潤率受壓
阿思達克 03-02 14:29
高盛發表報告指,百威亞太(01876.HK)去年收入勝預期,主因或是印度銷售勢頭強勁,惟印度業務EBITDA貢獻仍然較小,而且中國業務EBITDA利潤率受壓。該行指,基於2026年31倍市盈率預測,對百威亞太目標價為29元,評級「買入」。 高盛指,隨著原材料成本壓力在今年緩解,百威亞太的啤酒將繼續進行高端化,而且公司將受惠中國娛樂場所的重新開放。該行認為目前的估值具吸引力,因為按預估市盈率計算,仍低於行業平均水平。 雖然該行認為百威亞太的中國業務在中期內可能仍會落後中國行業高端市場增長,但因為它的基數將會更大,相信公司將繼續在中國高端市場佔據領先地位,其高端產品組合將在更多城市快速擴張。同時預計在未來幾年內,隨著疫情之後取消防疫限制,韓國市場將出現強勁的復甦。
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