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《大行報告》高盛下調中興(00763.HK)目標價至26.2元 上季業績遜
阿思達克 10-25 10:18
高盛發表報告指,中興(00763.HK)第三季淨利潤較該行和市場預期分別低16%和低20%,收入較該行和市場預期分別低13%和20%。收入下降原因可能是在疲軟的宏觀背景下,企業和消費部門發展勢頭放緩。不過,整體盈利能力依然保持強勁,毛利率44.6%,比該行預期高出1.3個百分點,淨利潤率為8.3%,與該行預期的8.5%大致同步。 展望未來,高盛認為挑戰依然存在,因為宏觀經濟復甦疲軟,繼續影響雲企業和消費者需求前景。該行將今年至後年收入預測下調6%至9%,淨利潤預測下調2%至4%。目標價由29元下調至26.2元,評級「中性」。
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