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》美銀證券升理文造紙(02314.HK)目標價至2.6元 評級「中性」
阿思達克 03-12 09:57
美銀證券發表報告指,理文造紙(02314.HK)2023財年淨利潤按年下降11%,勝該行預期9%。公司建議派發末期股息每股6.1仙,意味著全年派息比率為35%,略低於去年的36%。考慮到盈利改善,該行將2024和2025財年預期各上調11和2%,並將目標價由2.4元上調8%至2.6元。重申「中性」評級。 報告指出,春節長假後箱板紙價格和出貨量持續低迷,主要原因是需求疲軟、紙廠庫存高企以及國內瓦楞紙箱價格下跌。紙廠目前正集中補貨,並為實際訂單提供折扣。市場情緒看淡價格。該行預計上半年利潤率將繼續疲軟,但高利潤率的生活用紙業務將繼續主導盈利貢獻。
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