港股異動丨同程旅行一度漲超9%,Q4業績表現穩健,獲麥格理上調目標價
同程旅行(0780.HK)盤中一度漲超9%至20.1港元,截至半日收盤漲5.01%報19.3港元。消息面上,同程旅行公佈截至去年底全年純利19.74億元,同比升27%,每股基本盈利0.87元,派發末期息0.18港元。期內收入173.41億元,升45.8%;經調整EBITDA按年增加29.7%至40.5億元。截至去年第四季期內溢利同比升14.2%至3.55億元,收入同比升34.8%至42.38億元,經調整EBITDA同比升39.4%至9.98億元。麥格理髮表研究報告指,同程旅行2024年第四季業績表現穩健,得益於用戶補貼政策調整和增值服務交叉銷售改善,平臺傭金率顯著提升。考慮到今年出境遊業務貢獻增加,以及平臺傭金率持續健康成長,該行預計同程旅行利潤率將擴張。考慮到利潤前景更強勁,將今明兩年經調整淨利潤預測分別上調4%及2%,目標價從23.4港元上調至24.3港元,評級“跑贏大市”。
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