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《大行報告》大和下調京東物流(02618.HK)目標價至17元 評級「買入」
阿思達克 05-15 11:09
大和發表報告指出,京東物流(02618.HK)首季總收入按年增長34%至367億元人民幣,如剔除併購影響,公司收入按年增長8%。期內,公司非國際財務報告準則下虧損按年收窄11%至7.12億元人民幣,惟如撇除德邦物流的盈利貢獻9,600萬元人民幣,京東物流經調整虧損或按年擴大1%至8.08億元人民幣,略高於該行之前的預測。 該行表示,對京東物流2023至2025年的每股盈利預測下調3%至5%,認為公司外部客戶增長放緩,而在估算德邦物流的最新市場估值後,對京東物流的目標價由18元下調至17元。在營商環境改善的背景下,該行對京東物流的重組看法正面,重申對其「買入」評級。
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