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大行評級|里昂:維持京東“跑贏大市”評級 預計第四季度業績穩健
格隆匯 01-23 16:01
里昂發表研報指,預計京東將取得穩健的業績,2024財年第四季總收入及經調整息税前利潤,將分別按年升9%及23%。由於電子產品銷售受惠於以舊換新政策,至於滲透率不足的超市商品保持強勁增長,直銷可能再次以高單位數百分比按年增長,補貼的節省也將轉化為更高利潤。 里昂提及,內地已於今年延長以舊換新政策,產品類別涵蓋範圍更廣,而京東是主要的線上受惠者,預測2025財年營收將增長5%至6%,但存在上行風險。該行將京東美股目標價定於46美元,維持“跑贏大市”評級。
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